Chapter 1 Flashcards
what is information age?
the present time during which infinite quantities of facts are widely available to anyone who can use a computer
what are the core drivers of information age ?
data, information, business intelligence and knowledge
what is the definition of data?
raw facts that describe characteristics of an event or object
structured data
stored in a traditional system such as a relational database or spreadsheet
machine generated data
created by a machine
human generated data
data that humans in interaction with computers generate (structured data)
unstructured data
not defined and does not follow a specified format
machine generated data (unstructured)
includes satellite images, social media data and radar data
human generated data(unstructured)
included text messages, social media data, and emails
big data
large, complex data sets, including structured and unstructured data, which cannot be analyzed using traditional database methods and tools
snapchot
a view of data at a particular point in time
information
data converted into a meaningful and useful text
information system
theres data and information
business intelligence
information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making
analytics (business intelligence)
the science of fact- based decison making