Database Management in the industry nowadays
The industry that we’re living in right now is industry 4.0, where information and communication technologies are the most important factors that must be connected for industries and businesses to run well. When talking about information, all businesses will produce plenty of information, information such as customers, suppliers, competitors, vendors, business information, and many more. This information can be large in data which requires a management system for businesses and industries to store them. In this case, database management is required to store the large amount of data stored and produced by these businesses. Database management is a management system to store data. To do this, a software system is required by each business for them to be able to define, create, maintain, and control access to the database. If businesses use a database management system, they don’t need to worry about manually writing down each piece of information, as all information can be accessed on the database.
Database management is not a singular entity; it’s a series of actions that controls business data during the lifecycle. In the industry, especially in industry 4.0, the business data will grow more, and database management is necessary to manipulate and prevent this situation from poor application performance. The several techniques to reduce or prevent the negative impact of data growth, like monitoring the performance of applications and the data, planning for capacity growth requirements, establishing backup and recovery, then archiving data.
For the software that will define the system in the industry and manages databases, we call it a database management system (DBMS). DBMS (Database Management System) is software organizations can use to manage and create databases. DBMS uses data to support both the creation and maintenance of applications. The several functions of DBMS are to operate a business running as planned, track customers, data inventory, and employees, store and organize varied types of data, then automate database processes and procedures. DBMS delivers security when accessing the data and ensures data integrity. In industrial sectors, DBMS allows end-users to exchange data more rapidly, securely, and efficiently across the company. Finally, end-users in the company will make informed decisions based on data consistency, and as a result, it can help users improve productivity throughout the organization.
The significance of gathering, analyzing, and managing the data has grown significantly over time. In the business world, the idea of data is continuously changing and evolving. It has not only given businesses new depths to explore, but it has also made operations more difficult. To overcome those difficulties, businesses might benefit from precise data collection, monitoring, and archiving. Organizations rely heavily on DBMS to manage various databases and retrieve pertinent data. Various companies utilize this management system as an interface to assist users in connecting with the databases. It also aids in arranging data so that it can be quickly accessed.
The information that organizations collect and keep helps them build their business strategies and target their goals. A database management system (DBMS) needs one piece of software to store, manage, and keep track of large or small amounts of data. Businesses can perform well and reduce costs by using and implementing a data system. The database management system not only facilitates efficient data storage but also facilitates data interchange throughout the company. System administrators, end users, and programmers are all involved in such an environment. Data, hardware, software, people, and procedures are the five components that make up the database environment.
The data is easily accessible to multiple users, who can share it with other users without exerting additional effort. The technique aids in quickly finding the necessary information from a sizable database. Therefore, it is highly effective for businesses to manage various data types such as student records, employee information, inventory, payroll, project management, etc. Many departments can use the same database to reach their purposes within the organization. For example, the payroll department can use employee information, attendance records, etc., to make the payroll and determine how much salary and wages will be paid to the employees.
Data gathering and storing chores were done manually and took much time without Database Management System (DBMS). However, users may now access and edit data with only one click because of the creation of a Database Management System (DBMS). In a sales organization, for example, managers can spot high-performing workers by keeping an eye on their personnel files and sales performance files. The database management system can assist in linking both data files simultaneously to access the employee’s performance. Other than businesses engaged in sales, any business that requires the ability to search for data may deploy the system.
The Database Management Systems (DBMS) most significant feature is their assistance in effectively gathering and organizing data for businesses that want to track customer information, inventories, and purchases. It works effectively for businesses with several locations since they can quickly sift financial data and analyze it to provide the form charts that show the expansion of various locations.
In essence, database management systems (DBMS) may be used by any business to increase the productivity of its operations if it has to gather and store a vast amount of data that can be easily accessed and analyzed to track performance trends.
Database, Database Management, Industry, DBMS
References:
Binus University. (2022). Introduction to Database and The Relational Model (Slide 20).
Nutanix. (2022). What is Database Management?. https://www.nutanix.com/info/database-management
https://hbr.org/2020/01/when-data-creates-competitive-advantage https://www.researchgate.net/publication/334498201_Data_Management_in_Industry_40_State_of_the_Art_and_Open_Challenges