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Ways IT creates value (3)
Automates processes (repetition)
Democratize data (get info to people deciding)
reduce user friction- make things easier to use
What question does automate process answer
What repetitive, low-value work can we offload?
What question does democratize data answer
Can the right people access the right information when they need it?
What question does reduce user friction answer?
Where are the people struggling or giving up?
Technology as a way of doing __________, not a ________.
work
gadget
Computer functions (4)
Input/take data
store/ hold data
Process data/run instructions against it
output/ make data available
Decomposition
Breaking a whole into parts you can name
What does technology run on and what does it produce
data
What is data also called
information
What is an information system
study of systems that run on data
Information systems run on …..
information technology
What is IT
software, hardware, networks, data underneath
IT investments create ________ ______-
value types
What are 5 IT uses?
Connects people and lets them operate globally
Network effects- it gets better as more people use it
Global commerce - Allows markets to function that couldn’t exist otherwise
It lowers the cost of production and services
Raises personal and organizational productivity
How to close the gap (4)
decomposition- break down the problem
find pattern- what repeats
Abstract- drop the details that don’t change answer
design algorithm- write steps so others can run them
what are 2 types of feedback loops
reinforcement loops (+)(+)
balance loop (+)(-)
Define a reinforcing loop
A reinforcing loop (also called a positive feedback loop) amplifies change, producing exponential growth or rapid collapse.
define a balancing feedback loop
also called a negative feedback loop counteracts change to stabilize a system around a goal or equilibrium. (-)(-)
What is the cobra effect
Fix that failed , insentive problem. When self interest conflicts with the groups goal
What is delayed feed back loop
a system process where a time lag occurs between an action and the system's response or receipt of that feedback
ex: smoking. Fixes your stress immediately, but damage took affect later.
Usage of AI instead of using critical thinking/embracing the struggle
The stucture of a system, more than the people in it, drives its ______.
behavior
give an example of how a structure of a system drives it’s behavior
The structure of a road is 1 lane, speed limit 45 mph. Behavior —> traffic jams at 8 AM. There’s a delayed feedback loop when 1 driver taps its breaks too hard.
You can have different users/drivers, but the behavior of the system is determined by the structure, relationships within the system
What are 4 types of systems
clear system
complicated system
complex system
chaotic system
clear system
cause and effect are obvious, so the course of action is direct
ex:band says in contract that brown m&ms must be removed. If they saw a brown one, they knew vendor never read the contract
Complicated system
Relationship between cause and effect is sometimes hidden, takes time to analyze. Course of action is manageable if you find the right expert.
ex: Finding what caused a cold outbreak requires analyzing which condition was influential
Complex system
cause and effect are clear in hindsight, but must run tests, conditions may change, and one must adapt
ex: raising a good kid is clear in hindsight, but must adapt to childs new phases and conditions may change
Chaotic system
cause and effect are completely broken. Requires immediate action to stabilize the situation. Afterwards, you can try understanding what happened
Ex: Outbreak of poisonous Tylenol. Had to first act by stopping the distribution, then find out what caused the product to be poisoned.
Computational thinking- excels when you need to ______ or ______ something
build, automate
are 3 examples of computational thinking
designing a process
writing requirements
creating a workflow
Systems thinking - excels when you need to ______ or ______ something
diagnose
predict something
what are 2 examples of systems thinking
understanding why a process fails
anticipating unintended consequences
What are 4 ways information moves
live
batch
manual
none
What does API stand for
Application Programming Interface
What is an Application Programming Interface
API is ia published promise about what one system will accept and return
What does outside-in way mean
designing the interface around the consumer's needs and use cases rather than starting with your internal database tables or backend code
What is the unbundling way
Decompose capabilities into APIs, then re-build them
What is ecosystem way
mapping the value network and filling a gap in it
offloading
handling noncore competencies to 3rd party providers
Why can an integration everyone agrees is needed can still go unbuilt?
it may need funding, owner, and decision about which system wins
What are 4 examples of computer hardware
CPU
GPU
RAM
SSD
What does CPU do
A processor- does one thing at a time extremely fast. For general purposes
What does GPU do
A processor- does the same that as CPU to large amounts of data at once. Training an AI model involves this stuff, with huge amounts of data
What does RAM do
memory → holds the data/programs the computer is actively working on right now.
Fast, more expensive
Volatile: when power is lost, the contents disappear.
What does SSD do
storage → holds data long-term//memory.
Slower than RAM, cheaper per unit of capacity
Non-volatile: data remains when power is turned off.
What is a data center
a building full of GPU, CPU, RAM and SSD.
Where does the memory go?
Data centers where GPU’s RAMs, SSD and CPUS are stored
Data centers are absorbing a ____proportionate/disproportionate_ share _________ _________ _________
disproportionate
global memory capacity
How did the internet originate
government project
How did the internet become a government project?
DARPA, a _________ research organization, built the first 4 nodes of the internet in 1969.
The NSF, a _________ _________ organization, had money that ran the backbone every university rode.
_________ paid for the next wave of capacity in 1991.
_________ had more private money and bought the roads for the internet, still digging them.
defense, public science, Congress, carrriers
The internet isn’t a _________ , but a set of _________
cloud, set of agreements
the internet takes your message and breaks it into _________. The pieces take different _________ and are _________ at the far end
agreements/ promise, roads, reassembled wha
What are the agreemens called when your message is broken down in the internet in terms of routing and email
TCP/IP
SMTP
TCP/IP stands for ….. What does it do?
Transmission control protocol/ internet protocol- cuts messages into pieces, address them, send them aby any road, put them back together at the far end what
does SMPT stand for and what does it do
simple mail transfer protocol- how to hand a message to a mail server, say who it’s for, and have it accepted or refused
An API is also an ____________— about how to communicate. INstead of a general rule for the entire internet, it usually has a set of rules that one company ______ to others to use
agreement
publishes
API: The contract. Predefined set of rules, protocols, and contracts that dictates how software applications or components interact, request, and exchange data with one another. (use the back door to get in or smt)
What does the application part of API stand for
The software you want something from- Duo, Canvas, SalesforceWh
at does programming mean in terms of API
you ask for it in a code, not by clicking
What does interface mean in terms of API
the published place where the asking happens/connection point
Explain how duo is used as an api
User —> goes on canvas—> duo checks identification —> pushes to phone an-
Duo —>canvas yes or no
What are 4 kinds of analytical questions you can ask
descriptive
diagnostic
predictive
prescriptive
what is a descriptive question asking
what happened- counting what is already in the record
what is a diagnostic question
why did it happen- expaining a difference the count exposed
What is a predictive question
what will happen next- estimating a number no one has recorded yet
what is a prescriptive question
what should we do? choosing an action and defending the choice
Descriptive, diagnostic, predictive, and prescriptive questions all run on _________
data
A database is a structure for storing data so it can be_____________ again
found
A count is a _____________ __________, not a measurement
definitional claim
what is a definitional claim
an arguable statement that establishes the meaning, boundaries, or classification of a specific term,
counting rows v counting things
counting rows= correct count of the wrong noun
counting things= good so there’s not duplicates
How can 3 systems count the same data 3 different ways
Different systems can produce different counts of the same underlying thing because they may use different definitions, boundaries, or rules for what counts as one unit.
What is the rule of 10
it costs 10x as much to complete a unit of work when the data is flawed in any way as it does when your data is clean.
What is hidden tax in turms of bad quality data
the correction cost recurs forever because the list's creators never learn
How to get a read on data quality
Have team mark obvious errors in the last 100 records and count the error.
count the free records
(errors- free records)/100
what are the 7 questions topics to test if data is giving a company an advantage
value ad
marginal value
obsolescence
proprietary
imitability
self vs other
speed w
Data quality as fitness for intended use; why reconciling data is not the same as cleaning it.
Cleaning fixes errors or inconsistencies in data. Reconciling compares different data sources to understand why they disagree; disagreement does not automatically mean one source is wrong.
When data is, and is not, a lasting competitive advantage.
Data is a lasting competitive advantage when it creates value and competitors cannot easily access, imitate, or substitute for it over time.
Data is not a lasting advantage when it is widely available, easy to reproduce, quickly becomes obsolete, or provides little unique value.
what is the value add question
does the data make the product measurably better
what is the marginal value question
is the ten-thousandth record worth as much as the tenth?/ marginally add value?
what is the obsolescence question
how quickly does it go stale?
what is the proprietary question
could a competitor buy or collect the same thing?
what is the imitability question
how long would it take for someone to build an equivalent set
what is the self vs other question
does one customer ‘s data improve the product for everyone else
what is the speed question
how fast does the new data turn into a better product
what are the 4 positions for a pivot table
row
column
values
filters what is
a row in a pivot table
displays unique categorizing and grouping fields down the left side (like customer names, products, or dates).
what is a column in a pivot table
Dropping a field here creates unique column headers across the top of your table, which is perfect for side-by-side comparisons (e.g., listing "Regions" or "Months" from left to right).
what is value in a pivot table
This area performs the actual calculations. Any field dropped here is aggregated using mathematical functions like Sum, Count, Average, Max, or Min
what is filter in a pivot table
Lets you display only records matching a selected category. (Shows sales for only the west region)
What’s the idifference between data, information and knowledge
data= the raw record
information= data in context
knowledge= what you do differently because of it
what is a flat file
one table with everything in it
what’s the difference between a spreadsheet and a database (4 each)
spreadsheet= you type in it, one table, formula in cells, a file on a laptop
database= it is fed automatically, many tables are linked together, queries written in SQL are across all of it, holds far more data than a spreasheet
what’s a relational database
2 or more tables wit ha relationship between them
what are the 4 steps when using a database
understand what the business needs
define the entities
define the properties and fields
define the relationships what
it comes to data, the data creator is usually not the ________-
customer
what’s the cost of bad data (3)
who pays: not the person who typed it
when will you find out: Months later when someone finally asks for question the records cannot answer
how you find out: usually you don’t find out, but it shows up as time reworks, and diecisions made a wrong number
Why is bad data called atax and not a cost
a cost is paid once where the mistake happened. The tax is paid every piece of work downstream of it. The model trained on the data pays the what are tax on avery answer it gives
What is data quality
The fitness of data set for intended use. The same record can be completely good or wrong depending for who reaches for it
What is the cost of a disagreement in a count
lands on the people who needed the number and couldn’t get it
lands on the company, which makes decisions on the numbers it can’t defend
The cost never lands on the ________, when it comes to a disagreement in counts
System
what are the 6 demensions of quality and define them
Accuracy: How well data reflects the real-world event or object it represents.
Completeness: Whether all required data values and attributes are present without gaps.
Consistency: Whether data values match and do not conflict across different systems or tables.
Timeliness: Whether data is updated, available, and accessible when needed for decisions.
Validity: Whether data conforms to defined business rules, formats, and value ranges.
Uniqueness: Whether each real-world entity or record appears only once without unintended duplication