Concept explainers
(a)
Definition of Static extract.
Explanation of Solution
Static extract is a method of capturing a screen shot of the source data at any point of time. The view of the source data is not depended on the time reference on which it is generated.
(b)
Definition of Incremental extract
Explanation of Solution
Incremental extract capturing the changes occurring in the given source data from the last captured source data.
(c)
Definition of Chief Data Officer.
Explanation of Solution
Chief Data Officer is accountable for all data-related activities in the enterprise. Working responsibilities of the Chief Data Officer:
- A Chief Data Officer must have deep understanding of data system and strategies.
- Implementing data protection and privacy services.
- Must be able to cut cost and increase the revenue.
- Lead, motivate and mange team.
(d)
Definition of Master Data Management.
Explanation of Solution
Master data management (MDM) refers to the disciplines, technologies, and methods to ensure the currency, meaning, and quality of reference data within and across various subject areas of MDM approaches and technologies, it is important for firms to acknowledge that master data are a key strategic asset for a firm. It is therefore imperative that MDM projects have the appropriate level of executive buy-in and be treated as enterprise-wide initiatives. MDM projects also need to work closely with ongoing data quality and data governance initiatives. There are three popular architectures for master data management: identity registry, integration hub, and persistent.
(e)
Definition of Refresh mode
Explanation of Solution
Refresh mode is the approach of data warehousing in which rewriting of large amount of data is done to fill the warehouse, at the periodic intervals. This mode is less popular than the update mode.
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