Examples of DBMSs include Oracle, MySQL, Microsoft Access, MongoDB, Microsoft SQL Server, IBM Db2, Amazon RDS, PostgreSQL, Apache Cassandra, Red Brick, MariaDB, Couchbase, Amazon DynamoDB
Advantages of DBMS include offering techniques to store & retrieve data efficiently, balancing the needs of multiple applications, reducing Application Development Time, providing uniform administration procedures, improving data consistency and security
Challenges associated with DBMS include high costs of hardware and software, complexity requiring technical skills, and potential data loss with multiple users accessing the same program
Functions of a DBMS include granting multiple users concurrent access, establishing security rules, backing up data, setting up database rules, and providing data descriptions