This document discusses materialized views in Oracle databases. It provides two main use cases: for aggregation, where a materialized view can speed up complex queries by pre-aggregating data, and for replication, where the same data can be made available across different database sites through materialized views. The document outlines some advantages like performance improvements, easy configuration, and mass deployment capabilities. It also covers considerations for using materialized views like data redundancy, storage needs, change management, and refresh options. Code examples are provided for creating materialized views and logs.