Role, Contributions, and Drawbacks of Thesis

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Conclusion

When it comes to strategic information management, there are many options that a company has. Data mining, data warehousing, and the various OLAP options are only some of the tools that can be used, but they are three of the most important - if they are used correctly. Because there are several options with OLAP it is very versatile and most companies can find a way to make it work for them so that they can quickly get the answers that they are looking for and help to keep their company moving forward. The other two business intelligence tools, data mining and data warehousing, are also very important, but like any of the other tools there are contributions that they offer and drawbacks that they have. The key to using them all effectively is getting a good understanding of what they can bring to an organization and what they might take away or cause difficulties with so that a company that is considering using any or all of them can make the right decision.

The strategic management of information is something that all companies must work with and be aware of, so it is not something that a company can afford to neglect.

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Learning about the options is the first step toward ensuring that a company is on the right track and making the best choices for continued growth and development. Without that growth a company will stagnate, and with the economy having trouble already it can make it that much worse for companies that are not on the right track. By using data mining to ensure that they are making the most of the data that they have and the relationships that can be made from it, using data warehousing to ensure that each person in each department can get access to the data that they need, and using OLAP to ensure that questions that they might have are answered, any company can be on the right track. Using all of the tools in the business intelligence arsenal is the best way to see the growth and development that a company is looking for in a changing global society......

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https://www.aceyourpaper.com/essays/role-contributions-drawbacks-27528