http://dataroomtech.net/5-reasons-why-you-need-a-deal-room-for-your-next-investment/

Modern businesses are relying on ever-growing amounts of data to effectively market, design and manufacture products, improve operations, boost revenues and manage inventory to hold costs in check. This data should be easily accessible to all members of the team, and it must be accurate, reliable and secure.

To satisfy these requirements, companies require a complete solution that has the tools and technology required to oversee every step of the lifecycle of data, including gathering, storing, and processing. A comprehensive data solution must include data governance, business analytics and a catalogue of data.

When it is time to collect and store information, a business has to ensure that it has the right capacity to scale up or down to meet the demands. This involves selecting the right database to store data on and the tools needed to move that data in and out of it. It also involves identifying and eliminating siloed data to reduce the overall size of the company’s operational databases.

The tools needed to store and collect data are generally known as the “data infrastructure”. It is software used for storing, managing and transform data to be used for analysis and reporting. This layer also includes systems that create visual representations of data that enable them to be used by analytics and business intelligence tools. This layer is divided into two parts that are the data warehouse management and data modeling.