Enhancing Business Intelligence Using Big Data, Analytics, and Artificial Intelligence

These flashcards cover key terms and definitions related to business intelligence, analytics, artificial intelligence, and their applications in organizations.

Business Intelligence

Tools and techniques for analyzing and visualizing past data to provide answers.

Advanced Analytics

Tools and techniques used to understand why something happened and to predict future outcomes.

Artificial Intelligence

Technology that allows machines to perform tasks that typically require human intelligence.

Big Data

Extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations.

OLAP

Online Analytical Processing refers to the process of conducting complex analyses of data stored in a database.

Data Warehouse

A centralized repository that integrates multiple large databases and other data sources.

Data Mart

A data warehouse that is limited in scope.

Knowledge Management Systems

Systems used to manage explicit and tacit knowledge within an organization.

Geographic Information Systems (GIS)

Systems for creating, storing, analyzing, and managing geographically referenced information.

Machine Learning

A type of artificial intelligence that enables systems to learn from data and improve their performance without explicit programming.

Data Mining

The process of discovering patterns in large data sets involving methods at the intersection of machine learning, statistics, and database systems.

Text Mining

The use of analytical techniques to extract information from textual documents.

Ad Hoc Query

A query created to answer unplanned information requests.

Digital Dashboards

Tools that use various graphical elements to present important information in an aggregated form.

Slicing and Dicing

Analyzing data based on subsets of dimensions within an OLAP cube.