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ElegantJ BI Business Intelligence – Glossary of Terms and Definitions

ElegantJ BI Business Intelligence solutions are rich, robust and suitable for all businesses no matter how small or large, no matter the industry or business focus. Our Business Intelligence products are easy to implement and use. These solutions are simple, practical and affordable, and they are browser-based with a zero footprint and superior interoperability. They require less training and can be implemented – on premises or delivered via SaaS (Software as a Service). Implementation is completed in days or weeks, rather than months or years.

BI and Corporate Performance Management Resources

This glossary provides terms and definitions for your review. It will help you to understand the language and terminology of the Business Intelligence industry and to better understand the markets, industries and needs served by the Business Intelligence solution vendors and service providers.

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Glossary

Locate the term or word by searching this alphabetical listing.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Information Discovery and Delivery (IDD)

IDD help simplify the way that business decisions makers use information, allowing users to access, format, analyse, navigate, and share information across the organisation. IDD comprises (enterprise) reporting, query and analysis, dashboards and scorecards, and the BI platform (including search capabilities).

Information Management

Information management is the means by which an organisation maximizes the efficiency with which it plans, collects, organizes, uses, controls, stores, disseminates, and disposes of its Information, and through which it ensures that the value of that information is identified and exploited to the maximum extent possible. The aim has often been described as getting the right information to the right person, in the right format and medium, at the right time.

Information System

Information system refers to the applications and software that perform business functions or support key processes.

Institutional Performance Management (IPM)

The process of basing an organisation's actions and decisions on actual measured results of performance. This process integrates performance measures, benchmarks, and goals in order to achieve optimal results. The balanced scorecard is one approach used in performance management.

Intelligence Analysis

It denotes systematic examination of any combination of relevant data, Information, and existing Knowledge for applicability or significance, and the transformation of the results into actionable Intelligence that will improve planning and decision-making or enable the development of strategies that offer a sustainable competitive advantage. The most profitable or beneficial analysis calls for creativity and insight; an ability to look beyond the obvious. Sometimes referred to as Strategic analysis.

Internationalisation

In simple terms, it is a process of producing an application that can be localized for a particular country without any changes to the program code. In computing, Internationalisation is means of adapting computer software for non-native environments, especially other nations and cultures. Internationalisation is the process of ensuring that an application is capable of adapting to local requirements, for instance ensuring that the local writing system can be displayed.

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Know more about the most comprehensive, innovative, integrated Business Intelligence Tool, ElegantJ BI. It allows key decision makers to gain an advantage in the competitive market to harness the advantage of changes, achieve corporate objectives, and make fast and better decisions. ElegantJ BI's unifying balanced scorecards, analytics, dynamic reporting and business intelligence on an integrated, state-of-the-art lightweight architecture makes it a powerful strategic tool; that provides rich, complete BI functionality directly to the web browser.