Week 3 Flashcards
Structured Data
- Clearly defined data fields (e.g. names, age, address,
phone number, etc.) - The data are easily searchable.
- Additional work undertaken to copy data from
organisation systems into a data warehouse
specifically for reporting and analysis. - Sources include: databases within systems,
Online Forms, Point of Sales Systems.
Even with the rapid rise of new (unstructured) data
sources companies continue to use structured data to
produce insights to show new ways of doing business.
Unstructured Data
Found mostly in external (big data) sources.
* The data not as easily searchable.
* Hard to manage and creativity is required to pull
relevant data for analytics.
* Sources include: social media, mobile applications,
location services, sensors, e-mails, spreadsheets, PDFs,
PowerPoint, Word docs, voice recordings and Internet
of Things (IoT) technologies.
* > 80% of data in any organisation is unstructured
Unstructured data growing in influence as organisations
try to leverage new and emerging data sources.
Decision Types managerial - Strategic
Strategic
Long term
Complex
e.g. aim to be
market leader
Decision Types managerial - Tactical
Tactical Operational
Medium term Day-to-day
Less complex
e.g. launching a
new product
Decision Types managerial - Operational
Operational
Day-to-day
Simple and routine
e.g. regular ordering of
supplies
Data to Information
Contextualizing: Understanding the purpose and context of data collection. Example: Analyzing petrol sales with traffic data for comprehensive insight.
Categorizing: Identifying the main elements of data.
Calculating: Processing data through mathematical or statistical operations.
Correcting Quality: Removing errors or inconsistencies from the data.
Condensing: Summarizing data into a more compact form, like aggregation.
Left join
Keeps all data in the left table (i.e. Table 1) and adds to it
using matching entries from Table 2.
Inner Join
Focuses on the common items (intersection) between the
two tables
Outer join - right
Keeps all data in the right table (i.e. Table 2) and add to
it using matching entries from Table 1.
Outer Join: Full Outer
Combines and returns all data from two or more tables,
regardless of whether there is a match between tables.
Also called the Union between tables.
What is a OISees
Operational Information Systems
OISes using Available > Useable > Reliable data is important
7 EIM blocks (Enterprise Information Management)
Vision
Strategy
Metrics
Governance
People
Process
Infrastracture
How to manage OIS across a management?
Use Enterprise Information Management (EIM)
What is EIM?
Set of business processes policies - software to manage OIS ie. data and flow across an organisation through daily ops.
What is Operational Information Systems (OIS)?
Help with everyday work tasks like selling products, paying employees, and tracking inventory.
Who uses them: Employees who handle day-to-day jobs.
What kind of data: Current, like today’s sales or this week’s work hours.
Main goal: Make everyday work tasks easier and faster.