BI – Words
actuators An actuator is a component of a machine that is responsible for moving
and controlling a mechanism or system. In simple terms, it is a "mover".
Balanced data set that contains all elements observed in all time frames
Balanced Scorecard performance measurement and management methodology that helps
(BSC) translate an organization’s financial, customer, internal process, and
learning and growth objectives and targets into a set of actionable
initiatives
Business Performance business processes, methodologies, metrics, and technologies used by
Management (BPM) enterprises to measure, monitor, and manage business performance.
Churn Analysis evaluation of a company's customer loss rate in order to reduce it.
columnar database stores data in columns instead of rows. The goal is to efficiently write
and read data to speed up the time it takes to return a query
comparator an organization, activity, etc. that is used to judge the performance of
another similar organization or activity:
computational linguistics the studies of "understanding" the natural human language
Consolidation Unifying/collecting something
Data continuum Important data does not simply get „filed, it is a continuous flow
Data lake Unstructured data storage technology for Big Data
Data Mart A departmental small-scale “DW” that stores only limited/relevant data
Data Mining The nontrivial process of identifying valid, novel, potentially useful, and
ultimately understandable patterns in data stored in structured
databases.
Data Warehouse A physical repository where data is specially organized to provide
enterprise-wide cleansed data in a standardized format
decision support system computerized program used to support determinations, judgments, and
courses of action in an organization or a business. A DSS sifts through
and analyzes massive amounts of data, compiling comprehensive
information that can be used to solve problems and in decision-making
Discretization converting continuous data values into a finite set of intervals
DMAIC performance A closed-loop business improvement model that encompasses the steps
model of defining, measuring, analyzing, improving, and controlling a process
Elusive difficult to find, catch, or achieve
Extraction Data is extracted from the source system into a staging area
Fuzzy logic method of reasoning that resembles human reasoning. computing based
on "degrees of truth" rather than the usual "true or false".
Gap analysis Compares achieved or projected performance with desired performance
The size of the gap provides a guide to the extent to which a strategy
needs to be changed
genetic algorithm reflects the process of natural selection where the fittest individuals are
selected for reproduction in order to produce offspring of the next
generation.
Geocoding process of converting addresses (like a street address) into geographic
coordinates
Geospatial Analytics Geospatial analytics gathers, manipulates and displays geographic
information system (GIS) data and imagery including GPS and satellite
photographs.
Guided analytics interactive visual interfaces that serve the analyst to take important
decisions by easily extracting information from the data.
Impute Assign a value to something
influence diagram compact graphical and mathematical representation of a decision
situation
actuators An actuator is a component of a machine that is responsible for moving
and controlling a mechanism or system. In simple terms, it is a "mover".
Balanced data set that contains all elements observed in all time frames
Balanced Scorecard performance measurement and management methodology that helps
(BSC) translate an organization’s financial, customer, internal process, and
learning and growth objectives and targets into a set of actionable
initiatives
Business Performance business processes, methodologies, metrics, and technologies used by
Management (BPM) enterprises to measure, monitor, and manage business performance.
Churn Analysis evaluation of a company's customer loss rate in order to reduce it.
columnar database stores data in columns instead of rows. The goal is to efficiently write
and read data to speed up the time it takes to return a query
comparator an organization, activity, etc. that is used to judge the performance of
another similar organization or activity:
computational linguistics the studies of "understanding" the natural human language
Consolidation Unifying/collecting something
Data continuum Important data does not simply get „filed, it is a continuous flow
Data lake Unstructured data storage technology for Big Data
Data Mart A departmental small-scale “DW” that stores only limited/relevant data
Data Mining The nontrivial process of identifying valid, novel, potentially useful, and
ultimately understandable patterns in data stored in structured
databases.
Data Warehouse A physical repository where data is specially organized to provide
enterprise-wide cleansed data in a standardized format
decision support system computerized program used to support determinations, judgments, and
courses of action in an organization or a business. A DSS sifts through
and analyzes massive amounts of data, compiling comprehensive
information that can be used to solve problems and in decision-making
Discretization converting continuous data values into a finite set of intervals
DMAIC performance A closed-loop business improvement model that encompasses the steps
model of defining, measuring, analyzing, improving, and controlling a process
Elusive difficult to find, catch, or achieve
Extraction Data is extracted from the source system into a staging area
Fuzzy logic method of reasoning that resembles human reasoning. computing based
on "degrees of truth" rather than the usual "true or false".
Gap analysis Compares achieved or projected performance with desired performance
The size of the gap provides a guide to the extent to which a strategy
needs to be changed
genetic algorithm reflects the process of natural selection where the fittest individuals are
selected for reproduction in order to produce offspring of the next
generation.
Geocoding process of converting addresses (like a street address) into geographic
coordinates
Geospatial Analytics Geospatial analytics gathers, manipulates and displays geographic
information system (GIS) data and imagery including GPS and satellite
photographs.
Guided analytics interactive visual interfaces that serve the analyst to take important
decisions by easily extracting information from the data.
Impute Assign a value to something
influence diagram compact graphical and mathematical representation of a decision
situation
