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business intelligence (BI)
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corporate performance management (CPM)
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CIS 2050 Chapter 12

QuestionAnswer
business intelligence (BI) a broad category of applications, technologies, and processes for gathering, sorting, accessing, and analyzing data to help business users make better decisions
corporate performance management (CPM) the area of business intelligence involved with monitoring and managing an organization's performance, according to key performance indicators (KPIs) such as revenue, return on investment (ROI), overhead, and operational costs
dashboard a BI applications that provides rapid access to timely information and direct access to management reports
data mining the process of searching for valuable business information in a large database, data warehouse, or data mart
decision a choice that individuals and groups make among two or more alternatives
decision support systems (DSSs) BI systems that combine models and data in an attempt to solve semistructured and some unstructured problems with extensive user involvement
geographic information system (GIS) a computer-based system for capturing, integrating, manipulating, and displaying data using digitized maps
management a process by which organizational goals are achieved through the use of resources
model a simplified representation, or abstraction, of reality
multidimensional data analysis or online analytical processing (OLAP) a set of capabilities for "slicing and dicing" data using dimensions and measures associated with the data
productivity the ration between the inputs to a process and the outputs from the process
reality mining allows analysts to extract info from the usage patterns of mobile phones and other wireless devices
Created by: sulli1546
 

 



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