Business Intelligence and Information Systems Review

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Flashcards covering key vocabulary and concepts related to business intelligence and information systems from the provided lecture notes.

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21 Terms

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Business Intelligence (BI)

The process of analyzing data to support decision-making efforts in organizations.

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Data Mart

A data collection smaller than a data warehouse, addressing the needs of a particular department or functional area.

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NoSQL DBMS

A type of database management system designed to support high transaction rates and replicate data across many servers.

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Systems Thinking

The ability to model the components of a unit and connect the inputs and outputs among those components into a sensible whole.

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Metcalfe's Law

States that the value of a network is equal to the square of the number of users connected to it.

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Hadoop

An open source framework supported by the Apache Foundation for managing large data sets.

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Push Publishing

Automatically sending business intelligence results to users without requiring requests.

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Thin-client Applications

Programs that run within a browser without needing to be preinstalled on client computers.

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API (Application Programming Interface)

A set of routines, protocols, and tools for building software and applications.

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Cloud Computing

The elastic leasing of pooled computer resources over the Internet.

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Metadata

Data that provides information about other data, such as its source, format, and constraints.

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Regression Analysis

A statistical process for estimating the relationships among variables, often used in data mining.

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Virtual Private Network (VPN)

A secure connection over the Internet that allows users to send and receive data as if their devices were directly connected to a private network.

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Dynamic Reports

Business intelligence reports that are generated in real-time using current data.

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Granularity

The level of detail or depth of data; it can be too fine or too coarse.

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Value Chain

A set of activities that a company performs to deliver a product or service to its customers.

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Core Competence

A unique ability that a company develops to maintain a competitive advantage.

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Competitive Strategy

A long-term plan to achieve a competitive advantage in a particular market.

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Data Processing

The collection and manipulation of data to produce meaningful information.

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Outsourcing

The practice of hiring an external organization to perform services or produce goods that could be done internally.

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Cloud Service Models

Includes IaaS, PaaS, and SaaS, which represent various levels of cloud computing services provided to users.