9 Important Places to Uses of Database

Database is a collection of data organized to serve many applications at the same time by storing and managing data so that they appear to be in one location. Therefore, an SQL database consolidates records previously stored in separate files into a common pool of data that provides data for many application for the end users.

The database in general consolidates data formerly what is a database segregated in separate files such as payroll files, personal action files, and employee skills files, employee training files, employee job performance files etc.

Uses of Database

Database can be applied in almost all the important sectors of business operations and corporate world. The major application of software database may be listed at a glance:-

1# Banking Industry:

Banking sector employee’s databases for customer information, accounts, granting loans and banking transactions.

2 # Airlines Industry:

Airlines companies use database for seat reservation and schedule of flight information for their targeted customers around the world.
3 # Universities/Education Industry:

Major leading universities apply the database management systems for student information, course registration, admission tests and online grading systems.

4 # Credit Card Transactions Processing:

Banks use the database to facilitate their customers for making purchasing easy using credit card through online transaction and generating monthly electronic bank statements.

5 # Telecommunication Industry:

Telecommunications firms use the database systems for keeping records of clients call made, generating monthly bills, maintaining balances on prepaid ones, and storing information about the communication network.

6 # Finance Sector:

Financial and leasing companies employ database management systems for storing information about holdings, sales, purchases of financial instruments and mortgaged assets and property.

7 # Sales and Marketing:

Many leading retail outlet uses database management systems for storing their important updated information for customers, suppliers and others related parties to run their business smoothly.

8 # Manufacturing Sector:

Manufacturing concerns use database for management of supply chain, tracking production of articles in the factory, inventories in the warehouses and orders for the products.

9 # Human Resources Management Sector:

Human resources department of large corporations use database for information about employee salaries, payroll management, employee taxes and benefits and for the generation of pay checks for their employee.

Difference Between Data and Information: Definition and Example

There are many confusion arise when we want to find out the basic differences between data and information. Many types of distinguishing characteristics may be presented to create the specific identification about data and information.

Data and information bear some attributes without which they are meaningless for example, accuracy, relevant, timeliness as well as cost of the available information. In the following section, we have tried to give some easy approach to figure out the differences between data and information.


Data

Data are collection of any number of related observations.
Data are raw facts and figures that have no exact meaning.
Data must be analyzed and interpreted by human or computer.
Data are just numbers and text.
Data do not serve purpose from the part of end users’ perspective.

Information

Information is processed data that has clear meaning and is presented in a suitable format
Information is a proper knowledge that is exchangeable in many formats for making decision
Information is derived when data have been processed, analyzed, organized and summarized
Information must be useful and serve a purpose from the part of users’ perspective.

Example

A bank’s teller may enter a credit card number (25487698538) to computer system for checking due amount of their customer and this credit card number will be called as data, because we do not know why or in what context it is being used. However, if this number then appears on that customer credit card bill statement to show that customer has to pay $ 1250 as credit card dues for received services from that bank then this data has changed into information, because it has meaningful context (because it’s a credit card bill statement) and meaning.


The credit card number (25487698538) will be held as raw data on bank’s computer system and its software which accesses this data and will displays it in its meaningful as credit card bill statement. So, it is the software which turns the figures from data into information and gives them complete meaning that is useful and serve a purpose from the part of users’ perspective.