C954 Information
Technology
Management
Section 2 (12%) Information
Systems Terminology
BDT Chapter 06 Valuing and Storing
Organizational Information
Databases
The Four Information Traits of Value are
• Type : Transacational or Analytical •
Timeliness : relevance based on age • Quality
: accurate, complete, consistent, timely (up-
to-date), and unique data • Governance : data
is managed well, organized, updated,
maintained, and accessed correctly
The Four Primary Traits of the Value of Information are
• Type: Transacational or Analytical
• Timeliness: an aspect of information whsoe usefulness depends on the
situation. In Information that is a few days or weeks old can be relevant,
while in others information that is a few minutes old can be almost
worthless. Real-time information means immediate, up-to-date information.
• Quality: accurate, complete, consistent, timely (up-to-date), and unique
data
• Governance: data is managed well, organized, updated, maintained, and
accessed correctly
1.
,1.
, Advantages of data-driven websites include:
Web b rowsers are easier to use than database
custom-query tools.
Web i nterface requires few or no changes to
the database model.
It costs less to add a web interface in front of a
DBMS than to redesign and rebuild the system
to support changes.
Additional data-driven website advantages
include:
· Easy to manage c ontent . Website
owners can make changes without relying on
MIS professionals.
· Easy to store l arge amounts of data. This
improves website reliability, scalability, and
performance.
· Easy to eliminate human e rrors .
Datadriven websites trap data-entry errors,
eliminating inconsistencies while ensuring all
information is entered correctly.
Zappos.com—a Data-Driven Website
1.
, Information is data converted into a meaningful
and useful context. Information can tell an
organization how its current operations are
performing and help it estimate and strategize
about how future operations might perform. It
is important to understand the different levels,
formats, and granularities of information along
with the four primary traits that help determine
the value of information , which include
1. information t ype : transactional and analytical
2. information t imeliness : age
3. information q uality : accurate, complete...
4. information g overnance : managed
6.1. Explain the four primary traits that determine the value of
information.
Information is data converted into a meaningful and useful context. Information
can tell an organization how its current operations are performing and help it
1.
Technology
Management
Section 2 (12%) Information
Systems Terminology
BDT Chapter 06 Valuing and Storing
Organizational Information
Databases
The Four Information Traits of Value are
• Type : Transacational or Analytical •
Timeliness : relevance based on age • Quality
: accurate, complete, consistent, timely (up-
to-date), and unique data • Governance : data
is managed well, organized, updated,
maintained, and accessed correctly
The Four Primary Traits of the Value of Information are
• Type: Transacational or Analytical
• Timeliness: an aspect of information whsoe usefulness depends on the
situation. In Information that is a few days or weeks old can be relevant,
while in others information that is a few minutes old can be almost
worthless. Real-time information means immediate, up-to-date information.
• Quality: accurate, complete, consistent, timely (up-to-date), and unique
data
• Governance: data is managed well, organized, updated, maintained, and
accessed correctly
1.
,1.
, Advantages of data-driven websites include:
Web b rowsers are easier to use than database
custom-query tools.
Web i nterface requires few or no changes to
the database model.
It costs less to add a web interface in front of a
DBMS than to redesign and rebuild the system
to support changes.
Additional data-driven website advantages
include:
· Easy to manage c ontent . Website
owners can make changes without relying on
MIS professionals.
· Easy to store l arge amounts of data. This
improves website reliability, scalability, and
performance.
· Easy to eliminate human e rrors .
Datadriven websites trap data-entry errors,
eliminating inconsistencies while ensuring all
information is entered correctly.
Zappos.com—a Data-Driven Website
1.
, Information is data converted into a meaningful
and useful context. Information can tell an
organization how its current operations are
performing and help it estimate and strategize
about how future operations might perform. It
is important to understand the different levels,
formats, and granularities of information along
with the four primary traits that help determine
the value of information , which include
1. information t ype : transactional and analytical
2. information t imeliness : age
3. information q uality : accurate, complete...
4. information g overnance : managed
6.1. Explain the four primary traits that determine the value of
information.
Information is data converted into a meaningful and useful context. Information
can tell an organization how its current operations are performing and help it
1.
