In computerized business management, svot, or Single Version of the Truth, is a technical concept describing the data warehousing ideal of having either a single centralised database, or at least a distributed synchronised database, which stores all of an organisation's data in a consistent and non-redundant form.

SVOT applied to message sequencing

In some systems and in the context of message processing systems (often realtime systems), this term also refers to the goal of establishing a single agreed sequence of messages within a database formed by a particular but arbitrary sequencing of records. The key concept is that data combined in a certain sequence is a "truth" which may be analyzed and processed giving particular results, and that although the sequence is arbitrary (and thus another correct but equally arbitrary sequencing would ultimately provide different results in any analysis), it is desirable to agree that the sequence enshrined in the "single version of the truth" is the version that will be considered "the truth", and that any conclusions drawn from analysis of the database are valid and unarguable, and (in a technical context) the database may be duplicated to a backup environment to ensure a persistent record is kept of the "single version of the truth".

The key point is when the database is created using an external data source (such as a sequence of trading messages from a stock exchange) an arbitrary selection is made of one possibility from two or more equally valid representations of the input data, but henceforth the decision sets "in stone" one and only one version of the truth.

Critique of SVOT as applied to message sequencing

Critics of "SVOT as applied to message sequencing" argue that this concept is not scalable. As the world moves towards systems spread over many processing nodes, the effort involved in negotiating a single agreed-upon sequence becomes prohibitive.

Related Terms

In contrast, Single Source of Truth

Single Source of Truth

In Information Systems design and theory, as instantiated at the Enterprise Level, Single Source Of Truth refers to the practice of structuring information models and associated schemata such that every data element is stored exactly once...

is a database tactic to always source a particular piece of information from one place.