Chapter 1 Business Driven MIS: data Flashcards
Fact
The confirmation or
validation of an event or object
Information age
A time
infinite quantities of facts are
widely available to anyone who
can use a computer
Internet of Things (IoT)
A world
where interconnected Internet-enabled
devices or “things” have the ability to
collect and share data without human
intervention
Machine-to-Machine (M2M)
Refers
to devices that connect directly to
other devices
The core drivers of the information age
Data
- Information
- Business intelligence
- Knowledge
Data
Raw facts that describe the characteristics
of an event or object
Big data
A collection of large, complex datasets,
which cannot be analyzed using traditional
database methods and tools
Variety
Different forms of structured and
unstructured data
Veracity
The uncertainty of data, including
biases, noise, and abnormalities
Volume
The scale of data
Velocity
The analysis of streaming data as
it travels around the Internet
Structured data
Has a defined length,
type, and format and includes numbers,
dates, or strings such as Customer Address
format
Machine-generated data
Created by
a machine without human intervention
Unstructured data
Not defined, does not follow a
specified format, and is typically free-form text such as
emails, Twitter tweets, and text messages does not
follow a specified format
Machine-generated unstructured data
Such as
satellite images and and radar data
