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Data Life Cycle and Business Problem Statement

   

Added on  2023-03-17

9 Pages1599 Words33 Views
Business Information System
Name:
Subject Code: BUS105
Subject Name: Business Information System

Business Information System
Task 1: Data Life Cycle and Business Problem Statement
We are living in a world where data alone will not help an organization achieve its goals unless
someone puts meaning into it (Bauman 1998). Therefore, it has to go through a data life cycle
which involves the following phases;
Phase 1: Generation
This is where data developed through our daily activities. In other words, anything we do in life
becomes the source of new data (Rouse 2018).
Phase 2: Collection
This is where data is gathered together from the different sources in form of surveys, medical
records, financial records or any other forms (Bottcher 2018).
Phase 3: Storage
In this phase, data is kept at a place that is considered safe either on physical hard disks, file
folders, human memory or the cloud.
Phase 4: Visualization
This phase involves organizing data diagrammatically to help reveal the patterns and
relationships between data sets (SAS 2019).
Phase 5: Analysis
In this phase, useful meaning is derived from the patterns revealed during visualization.
Phase 6: Action
Depending on the results obtained during analysis, data is used for the benefit of the
organization.

Business Information System
Business Problem Statement
South Australian Shop buys personalized goods and its success depends on its ability to select
goods with the most popular names. There is great need for accurate selection of goods that will
sell.
Task 2: Storage Options for a Large Group of Files
The storage options include;
Cloud Storage
Cloud storage is a virtual space used to store information and it is accessed through the internet
(Wang et al. 2009). The physical storage facility is owned and managed by the cloud service
providers such as IBM, Amazon, and Microsoft. Wu et al. ( 2010). Believes that cloud storage
technology substantially reduces maintenance cost and hence allowing the organization to focus
on other important things
Physical Hard Drives
This is the regular physical storage on the physical hard drives on the computers and the servers.
Unlike cloud, the physical storage facility is maintained by the data owners (Singh, Korupolu
and Mohapatra 2008). An organization has to buy, set up and maintain the storage which makes
it costly.
Task 3: Visualization
Sample Male Names
1945 2005
Names Amount(frequency
)
Position Names Amount(frequency
)
Position
John 545 1 JACK 198 1
Robert 465 2 JOSHUA 166 2
Peter 397 3 THOMAS 152 3
David 269 4 LACHLAN 150 4
Trevor 244 5 ETHAN 134 5
Graham 203 6 WILLIAM 134 5

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