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System Of Record
A system of record (SOR) or source system of record (SSoR) is a data management term for an information storage system (commonly implemented on a computer system running a database management system) that is the authoritative data source for a given data element or piece of information, like for example a row (or record) in a table. In data vault it is referred to as the record source. Background The need to identify systems of record can become acute in organizations where management information systems have been built by taking output data from multiple source systems, re-processing this data, and then re-presenting the result for a new business use. In these cases, multiple information systems may disagree about the same piece of information. These disagreements may stem from semantic differences, differences in opinion, use of different sources, differences in the timing of the extract, transform, load processes that create the data they report against, or may simply be t ...
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Data Management
Data management comprises all disciplines related to handling data as a valuable resource, it is the practice of managing an organization's data so it can be analyzed for decision making. Concept The concept of data management emerged alongside the evolution of computing technology. In the 1950s, as computers became more prevalent, organizations began to grapple with the challenge of organizing and storing data efficiently. Early methods relied on punch cards and manual sorting, which were labor-intensive and prone to errors. The introduction of database management systems in the 1970s marked a significant milestone, enabling structured storage and retrieval of data. By the 1980s, relational database models revolutionized data management, emphasizing the importance of data as an asset and fostering a data-centric mindset in business. This era also saw the rise of data governance practices, which prioritized the organization and regulation of data to ensure quality and complian ...
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Validity (logic)
In logic, specifically in deductive reasoning, an argument is valid if and only if it takes a form that makes it impossible for the premises to be truth, true and the conclusion nevertheless to be False (logic), false. It is not required for a valid argument to have premises that are actually true, but to have premises that, if they were true, would guarantee the truth of the argument's conclusion. Valid arguments must be clearly expressed by means of sentences called well-formed formula, well-formed formulas (also called ''wffs'' or simply ''formulas''). The validity of an argument can be tested, proved or disproved, and depends on its logical form. Arguments In logic, an argument is a set of related statements expressing the ''premises'' (which may consists of non-empirical evidence, empirical evidence or may contain some axiomatic truths) and a ''necessary conclusion based on the relationship of the premises.'' An argument is ''valid'' if and only if it would be contradicto ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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Single Source Of Truth
In information science and information technology, single source of truth (SSOT) architecture, or single point of truth (SPOT) architecture, for information systems is the practice of structuring information models and associated data schemas such that every data element is mastered (or edited) in only one place, providing data normalization to a canonical form (for example, in database normalization or content transclusion). There are several scenarios with respect to copies and updates: * The master data is never copied and instead only references to it are made; this means that all reads and updates go directly to the SSOT. * The master data is copied but the copies are only read and only the master data is updated; if requests to read data are only made on copies, this is an instance of CQRS. *The master data is copied and the copies are updated; this needs a reconciliation mechanism when there are concurrent updates. **Updates on copies can be thrown out whenever a co ...
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Federal Register
The ''Federal Register'' (FR or sometimes Fed. Reg.) is the government gazette, official journal of the federal government of the United States that contains government agency rules, proposed rules, and public notices. It is published every weekday, except on Federal holidays in the United States, federal holidays. The final rules promulgated by a federal agency and published in the ''Federal Register'' are ultimately reorganized by topic or subject matter and Codification (law), codified in the ''Code of Federal Regulations'' (CFR), which is updated quarterly. The ''Federal Register'' is compiled by the Office of the Federal Register (within the National Archives and Records Administration) and is printed by the United States Government Publishing Office, Government Publishing Office. There are no copyright restrictions on the ''Federal Register''; as a Copyright status of work by the U.S. government, work of the U.S. government, it is in the public domain. Contents The ''Fede ...
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Privacy Act Of 1974
Privacy (, ) is the ability of an individual or group to seclude themselves or information about themselves, and thereby express themselves selectively. The domain of privacy partially overlaps with security, which can include the concepts of appropriate use and protection of information. Privacy may also take the form of bodily integrity. Throughout history, there have been various conceptions of privacy. Most cultures acknowledge the right of individuals to keep aspects of their personal lives out of the public domain. The right to be free from unauthorized invasions of privacy by governments, corporations, or individuals is enshrined in the privacy laws of many countries and, in some instances, their constitutions. With the rise of technology, the debate regarding privacy has expanded from a bodily sense to include a digital sense. In most countries, the right to digital privacy is considered an extension of the original right to privacy, and many countries have passed a ...
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Master Data Management
Master data management (MDM) is a discipline in which business and information technology collaborate to ensure the uniformity, accuracy, stewardship, semantic consistency, and accountability of the enterprise's official shared master data assets. Reasons for master data management * Data consistency and accuracy: MDM ensures that the organization's critical data is Consistency (database systems), consistent and accurate across all systems, reducing discrepancies and errors caused by multiple, siloed copies of the same data. * Improved decision-making: By providing a single version of the truth, MDM aims to have business leaders make informed, Data-informed decision-making, data-driven decisions, and improve overall business performance. * Operational efficiency: With consistent and accurate data, operational processes such as reporting, inventory management, and customer service become more efficient. * Regulatory compliance: MDM tries to help organizations comply with industry ...
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Golden Record (informatics)
In informatics, a golden record is the valid version of a data element (record) in a single source of truth system. It may refer to a database, specific table or data field, or any unit of information used. A golden copy is a consolidated data set, and is supposed to provide a single source of truth and a "well-defined version of all the data entities in an organizational ecosystem". Other names sometimes used include master source or master version. The term has been used in conjunction with data quality, master data management, and similar topics. (Different technical solutions exist, see master data management). Master data In master data management (MDM), the golden copy refers to the master data (master version) of the reference data which works as an authoritative source for the "truth" for all applications in a given IT landscape.{{Cite web , last=IVPMarketing , date=2020-04-14 , title=Back to Basics: Golden Copy of Data Explained , url=https://www.ivp.in/ivp-security-ma ...
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Tracing (software)
Tracing in software engineering refers to the process of capturing and recording information about the execution of a software program. This information is typically used by programmers for debugging purposes, and additionally, depending on the type and detail of information contained in a trace log, by experienced system administrators or technical-support personnel and by software monitoring tools to diagnose common problems with software. Tracing is a cross-cutting concern. There is not always a clear distinction between ''tracing'' and other forms of ''logging'', except that the term ''tracing'' is almost never applied to logging that is a functional requirement of a program (therefore excluding logging of data from an external source, such as data acquisition in a high-energy physics experiment, and write-ahead logging). Logs that record program usage (such as a server log) or operating-system events primarily of interest to a system administrator (see for example '' E ...
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Data Set
A data set (or dataset) is a collection of data. In the case of tabular data, a data set corresponds to one or more table (database), database tables, where every column (database), column of a table represents a particular Variable (computer science), variable, and each row (database), row corresponds to a given Record (computer science), record of the data set in question. The data set lists values for each of the variables, such as for example height and weight of an object, for each member of the data set. Data sets can also consist of a collection of documents or files. In the open data discipline, a dataset is a unit used to measure the amount of information released in a public open data repository. The European data.europa.eu portal aggregates more than a million data sets. Properties Several characteristics define a data set's structure and properties. These include the number and types of the attributes or variables, and various statistical measures applicable to the ...
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Integrity
Integrity is the quality of being honest and having a consistent and uncompromising adherence to strong moral and ethical principles and values. In ethics, integrity is regarded as the honesty and Honesty, truthfulness or of one's actions. Integrity can stand in opposition to hypocrisy. It regards internal consistency as a virtue, and suggests that people who hold apparently conflicting values should account for the discrepancy or alter those values. The word ''integrity'' evolved from the Latin adjective , meaning ''whole'' or ''complete''. In this context, integrity is the inner sense of "wholeness" deriving from qualities such as honesty and consistency of Moral character, character. In ethics In ethics, a person is said to possess the virtue of integrity if the person's actions are based upon an internally consistent framework of principles. These principles should uniformly adhere to sound logical axioms or postulates. A person has ethical integrity to the extent that the ...
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Information
Information is an Abstraction, abstract concept that refers to something which has the power Communication, to inform. At the most fundamental level, it pertains to the Interpretation (philosophy), interpretation (perhaps Interpretation (logic), formally) of that which may be sensed, or their abstractions. Any natural process that is not completely random and any observable pattern in any Media (communication), medium can be said to convey some amount of information. Whereas digital signals and other data use discrete Sign (semiotics), signs to convey information, other phenomena and artifacts such as analog signals, analogue signals, poems, pictures, music or other sounds, and current (fluid), currents convey information in a more continuous form. Information is not knowledge itself, but the meaning (philosophy), meaning that may be derived from a representation (mathematics), representation through interpretation. The concept of ''information'' is relevant or connected t ...
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