Chapter 17 Flashcards
technologies used in business into Six broad categories
- Computers
- Software
- Networking
- Telephone Systems
- Accounting Systems
- Computer Aided Manufacturing Systems
Amazon Go
a chain of grocery stores operated by the online retailer Amazon
Business intelligence (BI)
is a technology-driven process for analyzing data and presenting useful information to help users make informed business decisions
Data
can be any character, text, word, number, and, if not put into context, means little or nothing to a human
information
is data formatted in a manner that allows it to be utilized by human beings in some significant way
The types of data that businesses collect can be broken down into 5 broad categories:
- business process,
- physical world observations,
- biological data,
- public data
- personal data
Data Mining
the goal of data mining is the identification of patterns and knowledge from large amounts of data