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…

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

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….

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…

IT Outsourcing

…egies and vision, select the right IT service providers, structure the best possible contracts, and govern deals for sustainable win-win relationships with external providers. Outsourcing can enable enterprises to reduce costs, accelerate time to market, and take advantage of external expertise, assets and/or intellectual property.   Read Gartner’s free research covering big data analytics, ” ‘Beyond Big Data’  …

Platform as a Service (PaaS)

…d collection of application infrastructure (middleware) services (including application platform, integration, business process management and database services). However, the hype surrounding the PaaS concept is focused mainly on application PaaS (aPaaS) as the representative of the whole category. Read: Demystifying Cloud Vendors on Forbes.   Plus…FREE Gartner Research on Big Data: Information 2020 – Beyond Big Data Analytics…

Infrastructure as a Service (IaaS)

…ing capabilities are owned and hosted by a service provider and offered to customers on-demand. Customers are able to self-provision this infrastructure, using a Web-based graphical user interface that serves as an IT operations management console for the overall environment. API access to the infrastructure may also be offered as an option.   Free Research from Gartner on Big Data Analytics: Information 2020 – Beyond Big Data  …

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

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