A database can be defined as a structured collection of data.
what is database ? Before the computer became widespread, companies used logos to store information. Each customer, supplier or product each had a “drawer” and to obtain information from this data, such as what products a customer purchased and how often, required manual work . Today, data can be stored electronically in databases that can be exploited for countless purposes on all sizes of computers from PCs to large-sized machines. A database system consists of a database, software for database management, application programs and a storage medium.
Database systems are used to quickly and easily find specific information on e.g. customers, companies and more. There are hardly any restrictions on what information and quantity of information can be stored in databases.A database is built into tables that contain different data types. A table can contain company information such as CVR number, name and address, where another table can contain number of orders and order size. In modern companies, databases are used very actively and data is analyzed 24 hours a day. Analyzes of production data, raw material prices, customer databases and more are analyzed constantly in order for companies to optimize their own business.
5 reasons why companies can benefit from a good database!
As a business grows, it can be difficult to keep track of the growing amount of data. Good database systems can help keep track of all business data completely, making it even easier and faster to scale your business.
2) Managing customer data and relationships
It is important to know and have good relations with its customers, and here a CRM system (Customer Relationship Management) will be a good tool. A CRM system is a database that keeps track of customer relationships, customer data, sales, marketing and customer service.
3) Personal Data Act
If a company does not have control over personal data, it can be an expensive pleasure. With the EU’s new data protection regulation, this means that private individuals may require companies to be able to disclose all data on the person concerned and possibly. delete the information. At the same time, this means that companies may be asked to move data from their company to another without being able to oppose the data transfer. If companies have a good database, they can easily delete, move or edit their data to avoid huge fines.
4) Effective inventory management
In order to deliver the right orders and get satisfied customers, it often requires efficient inventory management. A database can help keep track of the warehouse so companies always know what they are selling and when to buy new goods home.
5) Growth planning
In most enterprise database systems, it is possible to make reports and analyzes so that they can more easily meet customer needs and predict future trends. If the plan is to grow, a robust database system can be the company’s most valuable resource.
Help for databases
Standing with a lot of information that is difficult to understand, a database system is the right solution. We can create databases that help you structure information in a new format that is easy to access and update. Whatever you need to store your information in a new form, optimize an existing database, migrate or move information, we can help you with this.
Below are the top companies which are provided updated database of companies