The advantages of using a DBMS in a business are so many that it will be very hard to cover all of them. For the purpose of this project, we will simply analyze 3 main advantages of using a DBMS in a business environment:
- Reduced operative costs
- Reporting capabilities
- Improved client management
1) Reduced Operative Costs
For every type of business, one main objective is to reduce its operational costs. A company may take necessary cost reducing decisions in the short term but in the long run, a business must consider implementing a database management solution. DBMSs may have high start up costs, but in the long run these costs will be recuperated. As a business starts growing, so does it's data. With increased transactions and customer acquisitions, data management costs will also increase. A database management solution will reduce costs by allowing company employees add, modify, or simply manipulate data with ease. What might take hours to accomplish a certain task such as gathering sales data of certain customers, it will take a lot less time to retrieve this information using a DBMS.
2) Reporting Capabilities
Businesses rely on reports in order to conduct business. Management needs fast report generating solutions in order to take immediate decisions in regards to day to day operations. Generating reports in a DBMS is one great advantage. Reports can be executed with a click of a button where data will be displayed in any format the user wishes to obtain. Simply query the database for data you wish to retrieve and a report will be generated. Whether it's reports for HR, finance, or management, DBMSs are essential for gathering data.
3) Improved client management
One way for a business to differentiate itself from the rest is by simply offering great customer service. Customers love being taken care of and serviced quick. A DBMS enables a business manage its customer information and keep track of events such as phone calls, service requests and much more. A DBMS will simply make a business aware of what's going on with its customers.
References:
1) http://en.wikipedia.org/wiki/Database_management_system
2) http://www.wandelcoach.biz/
