Part 2: Types of Info Systems, 2.1 Data Visualization Flashcards

1
Q

Big Data

A

Large volumes of data:

  • Can be analyzed to predict customer behaviour
  • Improve business processes
  • Find hidden patterns
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2
Q

Business Intelligence

A

Focused on metrics:
Measure past performance & guide business planning

Based on querying & reporting on organizational data

  • What happened?
  • How often?
  • What are the required actions?
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3
Q

Business Analytic’s

A

Exploring & Analyzing internal and external data:

  • Improve decision making
  • New insights
  • Understand business performance
  • “Will trends continue” ? & predicts what will happen next . . .
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4
Q

Sources of Non-Financial Information

A

Web & location-based support
ie. Google maps

Social Media

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5
Q

Associative Information

A

How preferences between unconnected items can be mined to determine likes/dislikes
Amazon uses this to show similar items

People can “tag” social media posts

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