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Data Based Applications Introduction: Information has always been and will continue to be one of the most important assets of a business. Information can be knowledge of the business acquired over decades, it can be information about the customers, products and potential customers. Without information a business would not succeed; today information is as vital as before but there is so much more of it going in and out of the business through the internet. Managing information is now not only extremely important but exceedingly difficult. The purpose of this paper is to discuss the issues that revolve around information management methods and the tools. Information management is crucial to the success of company; done right it can boost sales and cut costs, done poorly it can destroy the company. Software and hardware solutions can certainly help with establishing the basis for an information management system but they do not solve, privacy issues, intellectual property rights nor ensure that the system is actually used or used properly. Privacy Issues: Storing information about customers, employees, any personal information about anyone, can lead to breach of privacy, lawsuits or loss of customers. Yet storing