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Info Tech Quiz Ch1
Info Tech Quiz #1 Chapter 1 Terms
| Term | Definition |
|---|---|
| Digital Transformation | a business strategy that incorporates digital technology across an organization |
| Management Information Systems (MIS) | function that plans, develops and implements IS hardware, software and applications that supports the goals of an organization |
| IOT | The information of things where systems talk to systems |
| Big data | large sets of data that conventional data processing technologies do not have sufficient power to analyze |
| Structured data (traditional approach) | business users determine what question to ask, where then IT structures the data to answer that question and is readily searchable by a simple, straightforward search engine algorithms or other search operations |
| Exploratory data (big data approach) | IT delivering a platform to enable creative discovery that can create brand sentiment, product strategy, max asset utilization, where the business users explore what questions could be asked |
| Unstructured data | compilation and analysis are a time and energy-consuming task |
| Volume | the size of the datasets and can refer to a single dataset or many sources of data |
| Variety | types of data used within the dataset or datasets being selected to be analyzed |
| Velocity | speed at which all sources can work together and be analyzed |
| Veracity | accuracy and trustworthiness of data |
| Value | insights generated from the data |
| Data | raw facts that describe the characteristics of an event or object |
| Information | data made into a meaningful and useful context |
| Business Intelligence | info collected from multiple sources that analyzes patterns, trends and relationships for strategic decision making |
| Knowledge/Wisdom | the skills, experience and expertise, coupled with information and intelligence that creates a person's intellectual resources |
| Informed Users | understands how specific technologies work and where they can be applied most effectively and efficiently |
| Input | captures raw data from organization or external environment |
| Processing | coverts raw data into a meaningful form |
| Output | transfers that meaningfulness to people or things that use it |
| Intra-organizational | transactions between organization’s information systems (ex. Amazon suppliers) |
| Transactions processing systems | Processes transaction data from terminal (ex. Walmart checkout POS business events) |
| Decision Support Systems | Brings access to data and analysis tools and provides data to later be analyzed |
| Executive Information Systems | Highly aggregated data for strategic decisions |
| Information Technology | The capturing, processing, storage, and distribution of voice, graphics, text, and numbers and other information by a combination of computers and telecommunications networks |
| Data Management | The structured approach for capturing, storing, processing, integrating, distributing, securing and archiving data effectively throughout their life cycle |
| Data of data | rules for the data to exist (ex. There cannot be duplications of the same name in a system) |