Data Archiving and Oracle EBS Kit (Publication Date: 2024/04)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • Is there a possibility that you will ever need to import the data once it has been archived?


  • Key Features:


    • Comprehensive set of 1515 prioritized Data Archiving requirements.
    • Extensive coverage of 103 Data Archiving topic scopes.
    • In-depth analysis of 103 Data Archiving step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 103 Data Archiving case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Communication Management, Streamlined Processes, Period Close, Data Integrity, Project Collaboration, Data Cleansing, Human Resources, Forms Personalization, Contract Management, Workflow Management, Financial Reporting, Project Budgeting, Process Monitoring, Business Process Management, Statement Of Cash Flows, Oracle EBS, IT Environment, Approval Limits, Expense Management, Customer Relationship Management, Product Information Management, Exception Handling, Process Modeling, Project Analytics, Expense Reports, Risk Systems, Revenue Management, Data Analysis, Database Administration, Project Costing, Execution Efforts, Business Intelligence, Task Scheduling, Tax Management, Field Service, Accounts Payable, Transaction Management, Service Contracts, Test Environment, Cost Management, Data Security, Advanced Pricing, Budgeting And Forecasting, Communication Platforms, Budget Preparation, Data Exchange, Travel Management, Self Service Applications, Document Security, EBS Volumes, Data Quality, Project Management, Asset Tracking, Intercompany Transactions, Document Management, General Ledger, Workflow Setup, Infrastructure Setup, Data Integration, Production Sequence, Reporting Tools, Resource Allocation, but I, Expense Allocation, Cash Management, Data Archiving, On Premises Deployment, Project Tracking, Data Modeling, Contract Analytics, Profit And Loss, Supplier Lifecycle Management, Application Development, Journal Entries, Master Data Management, Catalog Management, Accounts Closing, User Management, Application Downtime, Risk Practices, Asset Management, Accounts Receivable, Workflow Monitoring, Project Reporting, Project Planning, Performance Management, Data Migration, Process Automation, Asset Valuation, Balance Sheet, Task Management, Income Statement, Approval Flow, Supply Chain, System Administration, Data Migration Data Integration, Fixed Assets, Order Management, Project Workflows, Data Governance, Data Warehousing, Task Tracking, Task Assignment




    Data Archiving Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Data Archiving


    Data archiving is the process of preserving and storing old or inactive data for future reference, while freeing up space and optimizing system performance. It serves as a backup in case the data needs to be retrieved in the future.


    1. Solution: Use Oracle′s standard Data Archiving solution with data pump export/import.
    Benefits: Preserves data integrity, allows for easy re-import if needed.

    2. Solution: Utilize third-party archiving tools that integrate with Oracle EBS.
    Benefits: Can provide more advanced archiving options and customizable solutions for your specific needs.

    3. Solution: Use Oracle′s Advanced Compression option to reduce the storage size of archived data.
    Benefits: Saves space and decreases storage costs for long-term data retention.

    4. Solution: Create custom SQL scripts to archive data based on specific criteria.
    Benefits: Allows for more flexibility and control over the archiving process.

    5. Solution: Implement a multi-tiered data storage strategy, with more frequently used data stored in primary storage and older data moved to secondary storage for archiving.
    Benefits: Improves system performance by keeping frequently accessed data readily available while still retaining access to archived data when needed.

    6. Solution: Utilize database partitioning to logically separate and archive older data within the same table.
    Benefits: Improves performance and maintainability by keeping data in one location while still separating it based on age.

    7. Solution: Use a hybrid approach, combining different archiving methods based on the type of data.
    Benefits: Provides efficient and cost-effective archiving based on the varying needs and usage patterns of different types of data.

    8. Solution: Utilize Oracle′s Automatic Data Optimization (ADO) feature to automatically move data to less expensive storage tiers based on usage patterns.
    Benefits: Reduces storage costs and improves performance by automatically moving data between storage tiers as needed.

    9. Solution: Use application-specific archiving modules within Oracle EBS, such as the General Ledger Archive module.
    Benefits: Optimizes archiving processes for specific modules, improving efficiency and data integrity.

    10. Solution: Regularly review and audit archived data to ensure it is still relevant and can be purged if necessary.
    Benefits: Helps maintain a clean and organized system, reducing storage costs and improving system performance.

    CONTROL QUESTION: Is there a possibility that you will ever need to import the data once it has been archived?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:

    By 2030, our goal for Data Archiving is to have a fully automated system in place that allows for the seamless import of archived data back into our live database, without any disruption to our operations. This would enable us to not only efficiently store and manage our data, but also have the flexibility to access and utilize it whenever needed. Furthermore, our archival process will have advanced security measures and high-speed retrieval capabilities to ensure the integrity and availability of our data at all times. With this ambitious goal, we envision a future where data archiving becomes a strategic asset for our organization, paving the way for smarter decision making and empowering us to stay ahead in a constantly evolving digital landscape.

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    Data Archiving Case Study/Use Case example - How to use:



    Client Situation:
    XYZ Corporation is a large multinational organization that deals with sensitive and confidential data on a daily basis. They have been facing an issue of data overload as their employees generate enormous amounts of data through various business processes. This has led to high storage costs, slow system performance, and potential data security risks. To mitigate these challenges, the client has decided to implement a data archiving solution.

    Consulting Methodology:
    The consulting team conducted a thorough analysis of the client′s current data storage infrastructure and identified areas where data archiving could be beneficial. The team also reviewed the company′s data retention policies, legal requirements, and business needs to develop a robust data archiving strategy.

    Deliverables:
    1. Data Archiving Solution: The consulting team recommended a data archiving solution that would automatically move unused or inactive data to a separate storage space while still keeping it accessible for future reference.
    2. Implementation Plan: The team prepared a detailed implementation plan that included timelines, task frameworks, and resource requirements.
    3. Training Program: To ensure a smooth transition to the new system, the team also provided training to the client′s IT staff and end-users on the proper use and management of the data archiving solution.

    Implementation Challenges:
    1. Data Migration: One of the significant challenges faced during the implementation of the data archiving solution was migrating the massive amount of data from the client′s existing systems to the new archiving platform. The consulting team tackled this challenge by utilizing data transfer tools that were specifically designed for such purposes.
    2. User Acceptance: The data archiving solution required users to adopt new processes and workflows. The consulting team worked closely with the client′s stakeholders to communicate the benefits of data archiving and address any concerns they had about the system′s functionality.
    3. Integration with Existing Systems: The client′s IT infrastructure was complex, with multiple systems in place. The consulting team had to ensure that the data archiving solution seamlessly integrated with these systems to avoid any disruptions in business operations.

    KPIs:
    1. Data Storage Costs: The success of the data archiving project can be measured by a reduction in data storage costs. With the implementation of the solution, the client would see significant savings in storage costs as inactive data is stored in a cheaper storage space.
    2. System Performance: Another critical indicator of the project′s success is a noticeable improvement in system performance. By moving inactive data to a separate storage space, the consulting team expected to achieve faster system performance and improved productivity.
    3. Data Security Risks: With data archiving, the consulting team aimed to reduce the potential risks associated with housing sensitive and confidential data. The success of the project would be determined by a reduction in data security breaches or unauthorized access to archived data.

    Management Considerations:
    1. Legal Requirements: The consulting team ensured that the data archiving solution complied with all relevant legal requirements and industry regulations that governed the handling of sensitive data. This included data privacy laws and data retention policies.
    2. Data Retrieval: While the aim of data archiving is to reduce storage costs and improve system performance, it was essential to ensure that retrieved data was readily available whenever needed. The consulting team implemented a robust search engine that would quickly retrieve archived data.
    3. Future Needs: The consulting team also considered the client′s future needs and designed the data archiving solution to be scalable and flexible. As the client′s data grows, the system can accommodate it without any disruptions.

    Is There a Possibility to Import Archived Data?
    The possibility of needing to import data once it has been archived cannot be entirely ruled out. In some situations, the company may need to retrieve and analyze old data for regulatory compliance, legal disputes, or internal audits. Additionally, if the client decides to migrate to a new system or vendor, they may need to bring archived data back into the active storage space.

    According to a whitepaper by Deloitte, data archiving should include provisions for the retrieval and import of archived data. This can be achieved by ensuring that the data is stored in a compatible format and by regularly testing the archives to ensure data integrity.

    In a study by IDC, it was found that 49% of organizations have had to restore data from an archive within the last 12 months, highlighting the importance of data retrieval from archives. The success of data archiving also depends on the ability to import the data back into the active system seamlessly.

    Conclusion:
    In conclusion, while the primary purpose of data archiving is to reduce storage costs and improve system performance, there is still a possibility that the company may need to import archived data at some point in the future. It is essential to consider this possibility during the implementation of a data archiving solution and ensure provisions are in place for the retrieval and import of archived data. By following a robust consulting methodology, addressing implementation challenges, and considering KPIs and management considerations, the consulting team can help organizations like XYZ Corporation successfully implement and manage their data archiving solutions.

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