IT Glossary



Big Data

  Big data is high-volume, high-velocity and high-variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making. FREE Webinar: Key Trends and Emerging Technologies in Advanced Analytics FREE Research: Answering Big Data’s 10 Biggest Vision and Strategy Questions  …

Data Scientist

The data scientist role is critical for organizations looking to extract insight from information assets for “big data” initiatives and requires a broad combination of skills that may be fulfilled better as a team, for example: Collaboration and team work is required for working with business stakeholders to understand business issues. Analytical and decision modeling skills are required for discovering relationships within data and…

Data Mining

The process of discovering meaningful correlations, patterns and trends by sifting through large amounts of data stored in repositories. Data mining employs pattern recognition technologies, as well as statistical and mathematical techniques.   Free Research From Gartner: Information 2020: Beyond Big Data

Predictive Analytics

…or clustering) 2. Rapid analysis measured in hours or days (rather than the stereotypical months of traditional data mining) 3. An emphasis on the business relevance of the resulting insights (no ivory tower analyses) 4. (increasingly) An emphasis on ease of use, thus making the tools accessible to business users.       View Gartner’s FREE research on big data analytics:  ‘Information 2020 – Beyond Big Data’…

Business Intelligence (BI) Services

…pplications and platforms. These include business and infrastructure applications for BI platforms, analytics needs and data warehousing infrastructure. Solutions include areas such as corporate performance management (CPM) and analytics, in addition to the traditional BI platform, data warehouse/data infrastructure and data quality areas.   Read Gartner’s Free Research on Big Data Analytics: Information 2020 – Beyond Big Data

Enterprise Resource Planning (ERP)

…: IT cost savings, business process efficiency, as a business process platform for process standardization and as a catalyst for business innovation. Most enterprises focus on the first two areas, because they are the easiest to quantify; however, the latter two areas often have the most significant impact on the enterprise. View FREE research: Information 2020 – Beyond Big Data Read Gartner’s Top 10 Strategic Technology Trends for 2014…

Business Intelligence (BI)

  Business intelligence (BI) is an umbrella term that includes the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance. Free Gartner Research on Big Data Analytics: Information 2020 – Beyond Big Data “Better Data Visualization” Top Reason for Buying Business Intelligence Software, According to Recent Report….

Best-of-Breed

…ation area. For example, enterprises may purchase a human-resource package from one vendor and an accounting package from another. Although enterprise resource planning (ERP) vendors offer numerous enterprise applications and claim that their integrated system is a superior solution, all modules in an ERP system are rarely best-of-breed.   Free Gartner Research on Big Data Analytics: Information 2020: Beyond Big Data (Ribbon by Juan Pablo)…

ITSSM Tools (IT Service Support Management Tools)

…Tools (IT service support management tools) offer tightly integrated processes and functions that correlate with the activities of the broader IT support organization. ITSSM tools can leverage a business view of IT services, enabling the IT support organization to better prioritize and quickly resolve or escalate issues and problems, and improve root cause isolation. FREE Gartner Research on Big Data Analytics: Information 2020: Beyond Big Data

Enterprise Content Management (ECM)

…M) is used to create, store, distribute, discover, archive and manage unstructured content (such as scanned documents, email, reports, medical images and office documents), and ultimately analyze usage to enable organizations to deliver relevant content to users where and when they need it.   ECM for Digital Business in 2014 & Beyond View FREE Research on big data analytics: Information 2020 – Beyond Big Data      …

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