Lec 7 Flashcards
Transaction Processing System that records__
ex. Customer Order, Purchase Order, Employee time
data on fundamental operations occurring within the company
- Types of Transaction Processing System
- Batch Processing (money transfer)
2. Online Transaction Processing (airplane ticket)
3 types of Enterprise systems - consolidate data collected
- • Enterprise Resource Planning System (Core functions)
Accounting HR - • Customer Relationship Management System
Sales Marketing - • Supply Chain Management System
Value Chain
3 Data warehouses functions
Collect and Store Data
Consolidate and Standardize
Provide Tools for Querying, Analysis and Reporting
Data marts
are subsets of the data stored in a data warehouse (highly focused)
Business Intelligence
tools for consolidating, analyzing, and accessing
data to support organizational decision-making
Online Analytical Processing results in
Data Cubes
Data Mining
Identifying hidden patterns without pre-existing model in mind
3 Basic types of patters uncovered by data mining
- Associations (buying x with y)
- Clusters (close proximity)
- Sequential Relationships (x before y)
2 Association types
- Support (% of x in total)
2. Confidence (% of x, given y)
Big Data 4 V’s
- Volume
- Variety
- Velocity
- Veracity - reliability
Neural Network
Form of big data, use existing data to predict new. ONLY OUTCOME, not how
Neural networks are usually a __ box methods
Black Box Methods
4 Advantages of Hadoop
Big data software that provides distributive computing
- Flexibility (type of data)
- Scalability (# computers)
- Cost Effectiveness (open source)
- Fault Tolerence