Dominant and Predominant Enterprise Management Strategy

Dominant and Predominant Enterprise Management Strategy

Isuaja (2007), Enterprise database management is a strategy to manage growth in any organization. Data is categorized as per its value to the organization. Underutilized, less valuable data is archived and stored. As a result of this, there is improvement in application functioning.

Organizations maintain access through the native enterprise application layer to ensure seamless data access for near and long term reporting requirements. Data growth is exponential in any organization and enterprise database management gives organizations the ability to stay ahead of data growth and achieve higher application performance (Isuaja, 2007). Below are some of the dominant strategies used by enterprises in managing their enterprise:

Upstream data growth
Duzuli (2010), “escalation of data being collated by organizations about their business, employees, customers and suppliers, sometimes requires coordination between multiple sectors such as IT, Retail, Banking, Healthcare etc”. Enterprises need to identify whether or not the database management system is adequate for handling transactions. More and more content is being created and all that data need to be managed. 80% of the data is unstructured, in the form of documents, Images, and audio visual files. One needs to look for
• Atomicity or Consistency in software, in a database transaction, either all or none of the update becomes available to anyone beyond the user or the application performing the update.
• Isolation- The results of a transaction are invisible to other users until the transaction is complete.
• Durability – Once done the results of transaction are permanent and survive future system failures.

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Data replication
Enterprises must focus on formalizing database management through planning, standardization, and best practice adoption to improve operational efficiency and to lower costs. To increase efficiency, control where you can share info faster and compliance with security practices is a must. This requires making multiple copies of database located on different servers. The use of database in conjunction with various types of networks is increasing with the growth of networks and network technology. In many situations, it is desirable to manage database in a distributed manner i.e. multiple copies of the same database is stored in different servers, which in turn is connected to a network. Thus instead of a single server being accessed by all users, several different servers are provided thereby distributing the load. Distributed Database provides verbosity, such that when one of the servers fails data can be accessed through other servers which contain identical data. One has to make sure that all databases are in synchronization with others (Miguel, 2011).

Data warehousing
Miguel (2011), large databases require routine backup and maintenance with regular replication of data needed for tests and development processes. Managing such large databases, add risk and cost to organizations. Corporate policies and Government regulatory bodies make sure that data is retained by IT companies for a minimum of 5 years and by financial sectors for 10 years and so on.Enterprise data management helps reduce the burden on the organization to not only retain data but maintain accessibility.

PROBLEMS CAUSED BY NOT HAVING AN INTEGRATED SYSTEM
Innocent (2005) when high-growth companies have several soloed applications, there are many business challenges that arise. These challenges can become so severe, that they can cripple growth. Here is a summary of the five main issues that can hinder your growth if you run a business with disparate business software systems:
• Wasted Employee Productivity
When your company is in growth mode, every employee must be operating at optimal productivity. If your employees are bogged down with inefficient and disjointed processes, it increases errors and takes time away from their more important core duties. Important processes such as order processing, invoicing, expense approvals, and fulfillment, to name a few, can take a lot longer to get completed, and are often erroneous. For instance, your employees may be spending hours existingly re-entering order information into the accounting and invoicing system, while other employees pull that same information from your CRM system for their order fulfillment processes and to calculate sales commissions. If any orders are canceled in the meantime, your employees have to sift through mounds of data to reconcile this information again. Such labor-intensive and existing tasks reduce the agility that your company needs to grow.
• Lack of Real-time Visibility
When software systems are un-integrated, you have multiple overlapping databases, and cannot easily get a view of business performance in a timely fashion. Reports showing performance across your finance, sales, marketing, service, and fulfillment departments are crucial to giving you an integrated view of your company’s operations. Most companies simply give up on acquiring this information on a regular basis because of the amount of time it takes to source, extract and analyze this data. For those that do, countless hours are wasted trying to tie unrelated, error-prone, and out of date information together. Consequently, businesses either end up making critical decisions slowly, based on inaccurate information, or they make hasty and risky decisions off of gut instinct.
• Integration Complexity and Cost
With so many disparate applications, IT wastes an enormous amount of time and money on integrating, maintaining, and acquiring new versions of these applications. Often times, once new versions are purchased, even more integration and maintenance needs to be performed for all the different versions of software to work together. Consequently, valuable IT time that could be used to make the business more productive is wasted, while maintenance costs skyrocket.
• Increased Customer Churn:
Customer acquisition and revenue growth are key pillars to your company’s continued success. With fierce competition, it is essential that your company provide an exceptional customer experience or risk having customers take their business elsewhere. When customers are unable to quickly get information on their order status, can’t get issues resolved in a timely manner, or have to frequently deal with products being out of stock, they will be less satisfied and less likely to continue purchasing from you. An integrated software system ensures that customers have the right information and customer experience and that your employees have the instantaneous access to all the customer information they need to service and sell to your customers.

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