Firms are still struggling with information deficiency despite the existence of a large pool of information from diverse sources. This deficiency continues to limit the capability and the scope of firms’ operations. There are various loopholes that prevent firms from storing and acquiring data once it is required for various purposes. First, lack of sufficient assets and capabilities to handle information tactfully limits the use of the already available information. Firms should ensure that they have acquired the right information for the right purpose. This objective is achieved by ensuring that firms have acquired the right resources to control the flow of information throughout an organization’s departments. For instance, production department has different information needs from the sales department thus similar information cannot be applied to both areas. This feature implies that a clear distinction should be established among departments.
Information deficiency has also been motivated by the lack of coordination among departments. Firms should ensure that reliability of information is improved by obtaining it from reliable sources. Firms should also learn to share information among departments to improve their productivity.
There exists a large pool of information in different sources. However, it is a challenge to select the most accurate and precise information. Information’s accuracy can be determined by carrying out a frequent monitoring of all information systems. Firms can also keep track of all advanced and reliable sources of information. Information storage challenges can also be resolved by segregating information among departments. This practice ensures that different information is not only analyzed and applied in the right department but also reduced in terms of bulkiness. Lastly, firms can solve information deficiency problems by coming up with employee motivational plans that encourage them to research and utilize the available information appropriately.
Types of Virtualization
Businesses value urgency and accuracy while carrying out their operations. They virtualize their applications such that they are delivered to an end user through devices such as phones and laptops. This means that users do not need to login into a computer but rather they access their information from anywhere. Hardware virtualization is also common since businesses prefer pooling all the systems together to form a single system that works more efficiently. A network virtualization is also common in businesses as different networks are pooled together to form one resource. Businesses with a large number of users benefit from these services since it ensures that businesses are running as expected at all time.
Functions of the Database Management System
The DBMS serves as a data dictionary management. It defines the type of data and its corresponding relationship with other forms of data. The DBMS utilizes the data dictionary to understand the structure of the required components hence helping in achieving other objectives such as coding easily (Leong, 2012). Any changes in the DBMS system ensure that this change is automatically recorded in the system. Data storage management ensures that complex data structures are well stored and retrieved whenever they are required. Lastly, the DBMS performs data transmission and presentation functions. They are necessary in transforming physically entered data into useful data structures. This is important in differentiating between logical data and the physical form of data. The DBMS performs the function of changing the physically obtained data to a more flexible system that conforms to the user’s logical format.
Reference
Leong, L. (2012). The Issues and Solutions of Integrating DBMS to A Multi-DBMS. Review of Business Information Systems (RBIS), 7(2), 73. http://dx.doi.org/10.19030/rbis.v7i2.4536
