CIS CHAPTER 1

Report

A document containing data organized in a table, matrix, or graphical format allowing users to easily comprehend and understand information.

INFORMATION AGE

A time when infinite quantities of facts are widely available to anyone who can use a computer. example: amazon - books netflix - video zappos- shoes

internet of things (IOT)

A world where interconnected Internet- enabled devices or "things" have the ability to collect and share data without human intervention.

Structured Data

Data that has a defined length, type , and format and includes numbers, dates, or string such as Customer Address. example: is stored in a traditional system such as a relational database or spreadsheet.

Unstructured data

Data that is not defined and does not follow a specified format and is typically free-form text such as emails, twitter, and text.

Business Intelligence (BI)

Info collected from multiple sources such as suppliers, customers, competitors, partners , and industries that analyze patterns, trends and relationships for strategic decision making.

Sources of Structure Data :

Machine- Generated Data Human-Generated Data

Data

Raw facts that describe the characteristics of an event or object.

Machine-to-Machine (M2M

Refers to devices that connect directly to other devices. - another example of internet of things.

Prescriptive Analytics

Techniques that create models indicating the best decision to make or course of action to take.

Descriptive analytics

Techniques that describe past performance and history.

Big Data

a collection of large, complex data, sets including structured and unstructured data, which cannot be analyzed using traditional database methods and tools.

variable

a data characteristics that stands for a value that changes or varies over time.

dynamic report

a report that changes automatically during creation.

static report

a reported created once based on data that does not change

Snapshot

a view of data at a particular moment in time

Fact

confirmation or validation of an event or object. example: in the past, people primarily learned facts from books.

Machine-generated data

created by a machine without human intervention. Sensor data, point of sale data, web log data

Information

data converted into a meaningful and useful context

Human-generated data

data that humans, in interaction with computers, generate. Input data, Click stream data, gaming data.

Predictive analytics

techniques that extract info from data and uses it to predict future trends and identify behavioral patterns.

Analytics

the science of fact-based decision making

Business analytics

the scientific process of transforming data into insight for making better decisions