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Info Tech Quiz Ch1

Info Tech Quiz #1 Chapter 1 Terms

TermDefinition
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)
Created by: evehec
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