Chapter 1 Flashcards
Business analytics
The extensive use of data and quantitative analysis to support fact-based decision making within organizations.
Business Intelligence (BI)
A wide range of applications, practices, and technologies for the extraction, transformation, integration, visualization, analysis, interpretation, and presentation of data to support improved decision making
consumerization of IT
The trend of consumers technology practices influencing the way business software is designed and delivered.
Data scientist
A person who understands the business analytics technology, while also recognizing the limitations of their data, tools, and techniques; a data scientist puts all of this together to deliver real improvements in decision making with an organization.
database
An organized collection of facts and information, typically consisting of two or more related data files.
Electronic business
The use of information systems and networks to perform business-related tasks and functions beyond those performed for e-commerce.
enterprise IS
An information system that an organization uses to define structured interactions among its own employees and/or with external customers, suppliers, government agencies, and other business groups.
group IS
An information system that improves communications and support collaboration among members of a workgroup.
hardware
Computer equipment used to perform input, processing, storage, and output activities.
Internet
The world’s largest computer network, consisting of thousands of interconnected networks, all freely exchanging information.
Internet of Everything
A network that encompasses not only machine-to-machine but also people-to-people and people-to-machine connections.
Internet of Things (IoT)
A network of physical objects or “things” embedded with sensors, processors, software, and network connectivity capability to enable them to exchange data with the manufacturer of the device, device operations, and other connected devices.
knowledge
The awareness and understanding of a set of information and the ways that information can be made useful to support a specific task or reach a decision.
Knowledge Management System (KMS)
An organized collection of people, procedures, software, databases, and devices that stores and retrieves knowledge sources, captures and uses knowledge, or in some other way enhances the knowledge management process.
Mobile commerce
The buying and selling of goods and/or services using a mobile device, such as a tablet, smartphone, or other portable device.
network
A group or system of connected computers and equipment- in a room, building, campus, city, across the country, or around the world- that enables electronic communication.
organizational complement
A key component that must be in place to ensure successful implementation and use of an information system.
personal IS
An information system that improves the productivity of individual users in performing stand-alone tasks.