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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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Locate the term or word by searching this alphabetical listing.
Ranking is the process of positioning items such as individuals, groups or businesses on an ordinal scale in relation to others. A list arranged in this way is said to be in rank order. A ranking can be obtained by evaluating each item in the collection in such a way that any two items can then be compared to see which should come higher in the ranking. It is not necessarily a total order of objects because two different objects can have the same ranking.
Short for Relational Database Management System, it is a system used to store, process and manage data arranged in relational tables. Such a database is organized and accessed according to the relationships between data values. A database with tables for student, finance and human resources contains relationships among those tables. A student can be an employee. Refer SQL for more information.
The next generation of data mining that facilitates the flow of quality information as it happens, to enable faster actionable decision cycles.
A collection of data items that is organized as a set of related tables from which data can be accessed or reassembled in many different ways without the need to reorganize the database tables.
An archive is a collection of reports – created during a long course of period. It is used for storing and organizing a company’s data in numerous reports. The term ‘archive’ usually refers to the location in which these files are kept as well.
Reporting is the process of accessing data, formatting it, and delivering it inside and outside the organisation. It is the foundation of a Business Intelligence (BI) strategy, as it provides users the most-requested pieces of information reliably and securely, via the web or embedded in enterprise applications.
Reporting application gathers information on sets of predefined analysis that have been generated by the scheduler. It distributes and prints information for users located across departments, multiple offices, regions and countries.
ROI is also known as rate of profit. It is the ratio of money gained or lost on an investment relative to the amount of money invested.
This security feature in reporting system lets you control who has access to something, for example, a report, a column of data, etc. You can designate a role category for each user in the system and then you can allow or restrict that role’s access.
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Balanced Scorecards ensure accurate Performance Management. Our Balanced Scorecards can help you to translate vision and strategy into an integrated set of performance and action measures and, more importantly, cascade this measurable information down through the organization so that everyone is operating with the most current, concise information.
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