Operational Data Flashcards
1
Q
What is operational data
A
A form of strategic data that captures information on the internal functions and processes of a business
2
Q
Types of operational data
A
Business operational data, IT operational data, integrated IT-Business operational data
3
Q
Define big data
A
Big data is defined as a dynamic, big and distinct volume of data generated by people, tools and machines.
4
Q
What is transactional operational data
A
Transactional data is the data that is captured from business-related transactions and has the potential to explain certain events.
5
Q
What does a data driven approach do?
A
This approach allows businesses to assess and systematize their data with the aim to better serve their customers.
