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Importance of Database to Business (Doc)

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Added on  2019-10-16

Importance of Database to Business (Doc)

   Added on 2019-10-16

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Gathering Requirements & Choosing Database SolutionWhy are databases important to business? How do databases generate sales andprofits? What databases do you interact with, and how do they benefit you?A database is very important to a business as it can easily maintain as well as manage theirrelationship with the customers. Utilizing a database to oversee staff data can streamlineplanning and help anticipate payroll mistakes. The robust detailing highlights of databases makethem helpful assets for analyzing information and foreseeing future patterns. Organizationscoordinates client profitability with the database. A few organizations today have possessed thecapacity to create productivity at the client level; incorporate this information with the other datain the client database and can utilize the subsequent knowledge of the client base. Hence, theorganization can develop targeted sales and profit.In my daily life, I interact with my mobile database as it can save as many as contact numbers aspossible. Mobiles has made our life so easier that we can contact with that particular person atany time.What is meant by requirements gathering, and why is it important to clearly definethe data requirements of a database before creating it?Requirement gathering is the way toward producing a list of prerequisites (functional, system,technical, and so on.) from the different stakeholders (clients, users, merchants, IT staff, and soon.) that will be utilized as the basis for the formal details. It is initial stage for creating adatabase for the organization. It is very important to define data requirements of a database as
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