Data Migration

What is Data Migration?

Data migration is the process of transferring digital information from one system, format or environment to another, typically as part of an upgrade, consolidation or cloud adoption initiative. It involves extracting data from the source system, transforming it to fit the new system's structure and loading it into the target system, which is commonly called the extract, transform, load (ETL) process.

Data migration projects can vary in complexity based on factors such as data volume, the compatibility of source and target systems and regulatory compliance requirements, and they require careful planning and execution to prevent data loss, corruption and performance issues.

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Related terms

30-Day and 13-Week Operating Cash Burn

30-day and 13-week operating cash burn are also known as the “burn rate.” These are the rates at which a business consumes its cash reserves when it isn’t bringing in profit.

Accounts Payable Days

Accounts Payable Days (AP Days), also referred to as Days Payable Outstanding (DPO), is a financial ratio that measures the average time a company takes to pay its suppliers or vendors for credit purchases.

Accounts Payable Turnover

Accounts payable turnover explains how many times a business pays its creditors in a set timespan. Companies can use this metric to measure their short-term liquidity.

Advanced Reporting

Advanced reporting refers to a sophisticated approach to generating and analyzing reports using advanced tools, techniques, and technologies.

Annual Recurring Revenue (ARR)

Annual Recurring Revenue (ARR) is a key metric used by subscription-based businesses to track and measure their predictable, recurring revenue streams over a one-year period.

Average Days Delinquent

Average day(s) delinquent (ADD) is a metric that helps determine the efficiency of a company’s debt collection efforts.