Question

1. Why do many organizations have data that cannot be converted to actionable information? What are the hurdles faced by firms that attempt to query transactional databases?

Answer 1

Hi

The answer of the following question is given below as follows :

Despite being awash in data, many organizations are data rich but information poor. The big culprit limiting BI initiatives is turning data into a way that it can be used, analyzed, and turned into information. Legacy systems are older information systems that are often incompatible with other systems, technologies, and ways of doing business. Incompatible legacy systems can be a significant barrier to turning data into information and can inhibit business agility, slowing down strategic and operational initiatives. The problem can be made worse by mergers and acquisitions, especially if a company relies on operating systems that are incompatible with its partner. Companies can have an extended agreement with different suppliers or subcontractors, and breaking a contract or invoking a escape clause can be expensive. Another problem with converting data to information is that most transactional databases are not configured to be accessed simultaneously for reports and when a customer purchases something at a cash register, that action can publish a sales record and deduct a company inventory item. But if a manager requests a database to analyze historical sales trends showing the most and least profitable products, over time, she can ask a computer to look at thousands of transaction records, compare results, and place orders carefully. findings, which can bog down the system.

I hope I have served the purpose well.

Thanks.