Enterprise resource planning
Data migration is the process of moving, copying, and restructuring data from an existing system to the ERP system. Migration is critical to implementation success and requires significant planning. Unfortunately, since migration is one of the final activities before the production phase, it often receives insufficient attention. The following steps can structure migration planning:Often, data migration is incomplete because some of the data in the existing system is either incompatible or not needed in the new system. As such, the existing system may need to be kept as an archived database to refer back to once the new ERP system is in place.
Data portability
Personal data are the basis for behavioral advertising, and early in the 21st century their value began to grow exponentially, at least as measured in the market capitalization of the major platforms holding personal data on their respective users. European Union regulators reacted to this perceived power imbalance between platforms and users, although much still hinges on the terms of consent given by users to the platforms. The concept of data portability comprises an attempt to correct the perceived power imbalance by introducing an element of competition allowing users to choose among platforms.
The right to data portability was laid down in the European Union's General Data Protection Regulation (GDPR) passed in April 2016. The regulation will apply to data processors, whether inside or outside the EU, if they process data on individuals who are physically located within an EU member state.