9 - Business Intelligence Systems Flashcards
BI analysis
The process of creating business intelligence. The four fundamental categories of BI analysis are:
- Reporting
- Data Mining
- BigData
- Knowledge Management
BI application
The software component of a BI system
BigData
A term used to describe data collections that are characterized by huge volume, rapid velocity, and great variety.
BI server
A web server application that is purpose-built for the publishing of business intelligence.
Business Intelligence (BI)
The process of using operational and other data to create information that exposes patterns, relationships, and trends of importance to the org.
Business Intelligence (BI) systems
Information systems that process operational and other source data to identify patterns, relationships, and trends and make predictions.
Cluster Analysis
An unsupervised data mining technique whereby statistical techniques are used to identify groups of entities that have similar characteristics.
A common use for cluster analysis is to find groups of similar customers in data about customer orders and customer demographics.
Cookie
A small file that is stored on the user’s computer by a browser.
Cookies can be used for authentication, for storing shopping cart contents and user prefs, and other legitimate purposes.
Cookies can also be used to implement spyware.
Data Acquisition
In BI systems, the process of obtaining, cleaning, organizing, relating, and cataloging source data.
Data Aggregator
same as Data Broker:
A company that acquires and purchases consumer and other data from public records, retailers, internet cookie vendors, social media trackers, and other soruces and uses it to create BI that it sells to companies and the gov’t.
Data Broker
A company that acquires and purchases consumer and other data from public records, retailers, internet cookie vendors, social media trackers, and other soruces and uses it to create BI that it sells to companies and the gov’t.
Data mart
A data collection, smaller than a data warehouse, that addresses the needs of a particular department ofr functional area of business.
Data mining
The application of statistical techniques to find patterns and relationships among data for classification and prediction.
Data Warehouse
A facility for managing an organization’s BI data
Decision support system
Some authors define BI systems as supporting decision making ONLY, in which case they use this older term as a synonym for decision-making BI systems.