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| http://shareme.com/screenshot/mysql-data-access-components.html |
Business Intelligence is the most important aspect of running a successful business in today’s world. To capture data and transform that jumble of entries into usable information is the knowledge that businesses depend upon to continue running their companies. As stated in our text, Information Systems: A Manager’s Guide to Harnessing, John Gallaugher explains the difference and relationship between Data, Information, and Knowledge. “Data refers simply to raw facts and figures. Alone it tells you nothing. The real goal is to turn data into information. Data becomes information when it’s presented in a context so that it can answer a question or support decision making. And it’s when this information can be combined with a manager’s knowledge—their insight from experience and expertise—that stronger decisions can be made.”
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| http://www.assetmanagesoftware.com/?keyword=asset%20manage%20software&gclid=CL-YkI6fm6wCFY2b7QodTXBqLg |
The software that is available to businesses and persons around the world, makes the process of transferring data into information that much easier. Microsoft Access is the software that we have been using for the past two weeks in which we were acclimated to the basics of the software and encouraged to explore these boundaries of its capabilities. One very costly problem that many companies run into is that their operational data can’t always be transferred into additional software because of compatibility issues. This has proven to be extremely costly when the company needs to update their systems or introduce new software programs that will grow with the company and manipulate their data into forms that they are requiring.
With how quickly the computers and software programs are evolving, it is no shock to find a great multitude of query, database, and reporting tools available. These tools include OLAP, online analytical processing in which data is summarized throughout several dimensions. Dashboards are another example of tools available in which alerts or, as our text states, “heads-up display of critical indicators, letting managers get a graphical glance at key performance metrics”.
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