Database you say—now there s a word you hear all the time! In a nutshell, a database is an electronic collection of information designed to meet a handful of needs: Databases provide one-stop shopping for all your data storage requirements. The database contains any amount of data, from the small to the huge. Databases must provide mechanisms to retrieve data quickly as applications interact with their contents. Databases allow the sharing of corporate data such that personnel data is shared amongst one s payroll, benefits, and pension systems