Database is a collection of information which is organized and stored, so that a business can retrieve large amounts of data easily from it whenever required.
A business can get many benefits by implementing appropriate database. Some of them are:
- Information can be accessed fast from the large amount of data with the use of database than Excel or some other spreadsheet software.
- The database can be accessed by many people at a time in an organization.
- Information on the database can be accessed from anywhere in the world through internet and this can be particularly helpful to the employees who want to use database while traveling.
- Data stored in an electronic database can be used in newer Database Management System (DBMS) software.
- Database helps in reducing the redundancy of information.
- It reduces the amount of time spent managing the data.
- It helps in turning disparate information into a valuable resource.
- It also improves the quality and consistency of the information.
- Educational institutions uses database to keep track of students, grades, transfers, transcripts and other student data.
- Many charities and other organizations running for non profit use, use a database for keeping track of donations, volunteers, hours served in the community, clients helped and other information related to the organization.
- Database is also useful for the individual families, as it helps them to keep a record of family birthdays, bills and expenses within a home; addresses of friends and relatives, etc.
