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40 Cards in this Set
- Front
- Back
BI Analysis |
theprocess of creating business intelligence. *3 Fundamental categories: reporting, data mining,and knowledge management. |
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BI Application |
The software component of BI Systems |
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Business Intelligence (BI) |
the process of operational and other data tocreate information that exposes patterns, relationships and trends ofimportance to the organizations |
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Business Intelligence Systems |
Informational systems that track BI |
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BI Server |
a computer program that delivers application results in a variety of formats to various devices for consumption by BI users |
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Cluster Analysis |
an unsuperviseddata mining technique whereby statistical techniques are used to identifygroups of entities that have similar characteristics *Can be used to find a certaindemographic/ geographic customer in a database |
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Confidence |
In-marketbased terminology, the probability estimate that two items will be purchasedtogether |
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Content Management Systems (CMS) |
Informationsystems that track organizational documents, web pages, graphics and relatedmaterials. |
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Cookie |
a piece of data that is stored on the user’scomputer by a browser. Can be used to store shopping carts and also be used toimplement spyware. |
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Cross-selling |
thesale of related products salespeople try to get consumers who buy product Xalso to buy product Y |
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Data Aquisition (OCORC) |
in BI, the process of obtaining, cleaning,organizing, relating and cataloging data |
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Data Mart |
datacollection that is smaller than the data warehouse, which addresses the needsof a particular department or functional area of the business |
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Data Mining |
the applicationof statistical techniques to find patterns and relationships among data forclassification and predictions |
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Data Triangulation (semantic security) |
concernsthe unintended release of protected data through the release of a combinationof reports or documents that are not protected |
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Data Warehouse |
a facility for managing an organizations BI data |
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Decision Support Systems |
another term used for BI systems |
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Decision Tree |
a hierarchical arrangement of criteria for classifying customers, items, and other business objects |
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Dimension |
a characteristic of OLAP (purchase date, customer type, location) |
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Drill down |
With an OLAP report, to further divide the data into more detail |
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Dynamic Reports |
BI documents that are updated at the time they are requested |
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Expert Systems |
knowledge-sharing systems that are created by interviewing experts in a given business domain and coding the rules used by those experts |
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Expert Systems Shell |
Aprogram in an expert system that processes a set of rules, typically manytimes, until the values of the variables no longer change, at which point thesystem reports the results |
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Granularity |
The level ofdetail in data *Large granularity: customer name, balance *Small granularity: customer name, balance, orderdetails and payment history of every customer order |
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Hadoop |
An open sourced program supported by Apache Foundation that manages thousands of computers |
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Hyper-Social management knowledge |
The application of social media for the management delivery of organizational knowledge resoures |
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If/ then ruls |
formal rules delivered from a decision tree (data mining) or by interviewing a human expert (expert systems) |
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Knowledge Management (KM) |
The process of creating value from intellectual capital and sharing that knowledge with employees, managers, suppliers, customers and others |
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Lift |
The ratio of confidence to the base probability of buying an item Lift shows how much the base probability changes when other products are purchased |
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Map Reduce |
Two phase techniques for harnessing the power of thousands of computers working in parallel 1) Map phase: computers work i parallel 2) Reduce phase: separate computers are combined, eventually obtaining single results |
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Market-Based Analysis |
A data mining technique for determining sales patterns. Shows the products that customers tend to buy together |
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Measure |
data item of interest of an OLAP report. An item that is to be summed, averaged or processed in an OLAP cube |
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Neutral Network |
a popular supervised data mining technique used to predict values and make classifications such as "good prospect" and "poor prospect" |
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OLAP Cube |
a presentation of an OLAP measure with associated dimensions |
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Online Analytical Processing (OLAP) |
A dynamic type of reporting system that provides the ability to sum count, average and perform other simple operations on groups of data. Uses can change the formal while viewing them |
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Pig |
Query language used with Hadoop |
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Publish Results |
the process of delivering business intelligence to the knowledge workers who need it |
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Pull Publishing |
the mode where users must request BI results |
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Push Publishing |
the mode where BI systems deliver business intelligence to users without a request from the user |
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Regression analysis |
A type of supervised data mining that estimates the values of parameters in a linear equation. Used to determine the relative influence of variables on an outcome and also to predict future values of that outcome |
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Reporting Application |
A business intelligence application that formats data by applying reporting tools to BI data |