Exploring data categories
Reference data and master data are two common data categories that an architect would typically come across in most projects. In addition to these, in this section, we will also discover the characteristics of transactional data, reporting data, metadata, big data, and unstructured data. Having a deeper understanding of these different data categories will help you craft your overall data strategy, including data governance. This will also help you speak the same language your data architects prefer to use. Let's have a look at each of them closely.
Transactional data
Transactional data is generated by regular business transactions. It describes business events. Normally, it is the most frequently changing data in the enterprise. Transactional data events could include the following:
- Sold products to customers
- Collected payments
- Created quotes
- Shipped items to customers
Transactional data is normally generated and managed...