10 June 2015

Business Intelligence: Report Snapshot (Definitions)

"A SQL Server Reporting Services report that contains data that was queried at a particular point in time and has been stored on the Report Server." (Victor Isakov et al, "MCITP Administrator: Microsoft SQL Server 2005 Optimization and Maintenance (70-444) Study Guide", 2007)

"A report that contains data captured at a specific point in time. Since report snapshots hold datasets instead of queries, report snapshots can be used to limit processing costs by running the snapshot during off-peak times." (Darril Gibson, "MCITP SQL Server 2005 Database Developer All-in-One Exam Guide", 2008)

"A report that contains data captured at a specific point in time. A report snapshot is stored in an intermediate format containing retrieved data rather than a query and rendering definitions." (Jim Joseph et al, "Microsoft® SQL Server™ 2008 Reporting Services Unleashed", 2009)

"A static report that contains data captured at a specific point in time." (Microsoft, "SQL Server 2012 Glossary", 2012)

29 May 2015

Knowledge Management: Keeping Current or the Quest to Lifelong Learning for IT Professionals

Introduction

    The pace with which technologies and the business changes becomes faster and faster. If 5-10 years back a vendor needed 3-5 years before coming with a new edition of a product, nowadays each 1-2 years a new edition is released. The release cycles become shorter and shorter, vendors having to keep up with the changing technological trends. Changing trends allow other vendors to enter the market with new products, increasing thus the competition and the need for responsiveness from other vendors. On one side the new tools/editions bring new functionality which mainly address technical and business requirements. On the other side existing tools functionality gets deprecated and superset by other. Knowledge doesn’t resume only to the use of tools, but also in the methodologies, procedures, best practices or processes used to make most of the respective products. Evermore, the value of some tools increases when mixed, flexible infrastructures relying on the right mix of tools working together.

    For an IT person keeping current with the advances in technologies is a major requirement. First of all because knowing modern technologies is a ticket for a good and/or better paid job. Secondly because many organizations try to incorporate in their IT infrastructure modern tools that would allow them increase the ROI and achieve further benefits. Thirdly because, as I’d like to believe, most of the IT professionals are eager to learn new things, keep up with the novelty. Being an adept of the continuous learning philosophy is also a way to keep the brain challenged, other type of challenge than the one we meet in daily tasks.

Knowledge Sources

    Face-to-face or computer-based trainings (CBTs) are the old-fashioned ways of keeping up-to-date with the advances in technologies though paradoxically not all organizations afford to train their IT employees. Despite of affordable CBTs, face-to-face trainings are quite expensive for the average IT person, therefore the IT professional has to reorient himself to other sources of knowledge. Fortunately many important Vendors like Microsoft or IBM provide in one form or another through Knowledge Bases (KB), tutorials, forums, presentations and Blogs a wide range of resources that could be used for learning. Similar resources exist also from similar parties, directly or indirectly interested in growing the knowledge pool.

    Nowadays reading a book or following a course it isn’t anymore a requirement for learning a subject. Blogs, tutorials, articles and other types of similar material can help more. Through their subject-oriented focus, they can bring some clarity in a small unit of time. Often they come with references to further materials, bring fresh perspectives, and are months or even years ahead books or courses. Important professionals in the field can be followed on blogs, Twitter, LinkedIn, You Tube and other social media platforms. Seeing in what topics they are interested in, how they code, what they think, maybe how they think, some even share their expertize ad-hoc when asked, all of this can help an IT professional considerably if he knows how to take advantage of these modern facilities.

    MOOCs start to approach IT topics, and further topics that can become handy for an IT professional. Most of them are free or a small fee is required for some of them, especially if participants’ identity needs to be verified. Such courses are a valuable resource of information. The participant can see how such a course is structured, what topics are approached, and what’s the minimal knowledge base required; the material is almost the same as in a normal university course, and in the end it’s not the piece of paper with the testimonial that’s important, but the change in perspective we obtained by taking the course. In addition the MOOC participant can interact with people with similar hobbies, collaborate with them on projects, and why not, something useful can come out of it. Through MOOCs or direct Vendor initiatives, free or freeware versions of software is available. Sometimes the whole functionality is available for personal use. The professional is therefore no more dependent on the software he can use only at work. New possibilities open for the person who wants to learn.

Maximizing the Knowledge Value

    Despite the considerable numbers of knowledge resources, for an IT professional the most important part of his experience comes from hand-on experience acquired on the job. If the knowledge is not rooted in hand-on experience, his knowledge remains purely theoretical, with minimal value. Therefore in order to maximize the value of his learning, an IT professional has to attempt using his knowledge as much and soon as possible in praxis. One way to increase the value of experience is to be involved in projects dealing with new technologies or challenges that would allow a professional to further extend his knowledge base. Sometimes we can choose such projects or gain exposure to the technologies, though other times no such opportunities can be sized or identified.

    Probably an IT professional can use in his daily duties 10-30% of what he learned. This percentage can be however increased by involving himself in other types of personal or collective (open source or work) projects. This would allow exploring the subjects from other perspective. Considering that many projects involve overtime, many professionals have also a rich personal life, it looks difficult to do that, though not impossible.

    Even if not on a regular basis achievable, a professional can allocate 1-3 hours on a weekly basis from his working time for learning something new. It can be something that would help directly or indirectly his organization, though sometimes it pays off to learn technologies that have nothing to do with the actual job. Somebody may argue that the respective hours are not “billable”, are a waste of time and other resources, that the technologies are not available, that there’s lot of due tasks, etc. With a little benevolence and with the right argumentation also such criticism can be silenced. The arguments can be for example based on the fact that a skilled professional can be with time more productive, a small investment in knowledge can have later a bigger benefit for both parties – employee and employer. An older study was showing that when IT professionals was given some freedom to approach personal projects at work, and use some time for their own benefit, the value they bring for an organization increased. There are companies like Google who made from this type of work a philosophy.

    A professional can also allocate 1-3 hours from his free time while commuting or other similar activities. Reading something before going to bed or as relaxation after work can prove to be a good shut-down for the brain from the daily problems. Where there’s interest in learning something new a person will find the time, no matter how busy his schedule is. It’s important however to do that on a regular basis, and with time the hours and knowledge accumulate.

    It’s also important to have a focused effort that will bring some kind of benefit. Learning just for the sake of learning brings little value on investment for a person if it’s not adequately focused. For sure it’s interesting and fun to browse through different topics, it’s even recommended to do so occasionally, though on the long run if a person wants to increase the value of his knowledge, he needs somehow to focus the knowledge within a given direction and apply that knowledge.

    Direction we obtain by choosing a career or learning path, and focusing on the direct or indirect related topics that belong to that path. Focusing on the subjects related to a career path allows us to build our knowledge further on existing knowledge, understanding a topic fully. On the other side focusing on other areas of applicability not directly linked with our professional work can broaden our perspective by looking at one topic from another’s topic perspective. This can be achieved for example by joining the knowledge base of a hobby we have with the one of our professional work. In certain configurations new opportunities for joint growth can be identified.

    The value of knowledge increases primarily when it’s used in day-to-day scenarios (a form of learning by doing). It would be useful for example for a professional to start a project that can bring some kind of benefit. It can be something simple like building a web page or a full website, an application that processes data, a solution based on a mix of technologies, etc. Such a project would allow simulating to some degree day-to-day situations, when the professional is forced to used and question some aspects, to deal with some situations that can’t be found in textbook or other learning material. If such a project can bring a material benefit, the value of knowledge increases even more.

    Another way to integrate the accumulated knowledge is through blogging and problem-solving. Topic or problem-oriented blogging can allow externalizing a person’s knowledge (aka tacit knowledge), putting knowledge in new contexts into a small focused unit of work, doing some research and see how other think about the same topic/problem, getting feedback, correcting or improving some aspects. It’s also a way of documenting the various problems identified while learning or performing a task. Blogging helps a person to improve his writing communication skills, his vocabulary and with a little more effort can be also a visit card for his professional experience.

    Trying to apply new knowledge in hand-on trainings, tutorials or by writing a few lines of code to test functionality and its applicability, same as structuring new learned material into notes in the form of text or knowledge maps (e.g. concept maps, mind maps, causal maps, diagrams, etc.) allow learners to actively learn the new concepts, increasing overall material’s retention. Even if notes and knowledge maps don’t apply the learned material directly, they offer a new way of structuring the content and resources for further enrichment and review. Applied individually, but especially when combined, the different types of active learning help as well maximize the value of knowledge with a minimum of effort.

Conclusion

    The bottom line – given the fast pace with which new technologies enter the market and the business environment evolves, an IT professional has to keep himself up-to-date with nowadays technologies. He has now more means than ever to do that – affordable computer-based training, tutorials, blogs, articles, videos, forums, studies, MOOC and other type of learning material allow IT professionals to approach a wide range of topics. Through active, focused, sustainable and hand-on learning we can maximize the value of knowledge, and in the end depends of each of us how we use the available resources to make most of our learning experience.

08 May 2015

Data Analytics: Data Analytics (Definitions)

"Business Intelligence procedures and techniques for exploration and analysis of data to discover and identify meaningful information and trends." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

"Analytics is the systematic analysis of large databases to solve problems and make informed decisions." (John R Schermerhorn Jr, "Management" 12th Ed., 2012)

"Procedures and techniques for exploration and analysis of data to discover and identify new and meaningful information and trends." (Craig S Mullins, "Database Administration", 2012)

"A data-driven process that creates insight. These processes incorporate a wide variety of techniques and may include manual analysis, reporting, predictive models, time-series models, or optimization models." (Evan Stubbs, "Delivering Business Analytics: Practical Guidelines for Best Practice", 2013)

"A suite of technical solutions that uses mathematical and statistical methods. The solutions are applied to data to generate insight to help organizations understand historical business performance as well as forecast and plan for future decisions." (Jim Davis & Aiman Zeid, "Business Transformation", 2014) 

"Analytics is the discovery and communication of meaningful patterns in data." (Elaine Biech, "ASTD Handbook" 2nd Ed., 2014) 

"The business intelligence and analytics technologies that are grounded mostly in data mining and statistical analysis." (Xiuli He, "Supply Chain Analytics: Challenges and Opportunities", 2014)

"Data analytics refers to qualitative and quantitative techniques and processes used to enhance productivity and business gain." (Piyush K Shukla & Madhuvan Dixit, "Big Data: An Emerging Field of Data Engineering", 2015)

"The act of extracting and communicating meaningful information among the data sets." (Hamid R Arabnia et al, "Application of Big Data for National Security", 2015) 

"A broad term that includes quantitative analysis of data and building quantitative models. Analytics is the science of analysis and discovery. Analysis may process data from a data warehouse, may result in building model-driven DSS, or may occur in a special study using statistical or data mining software. In general, analytics refers to quantitative analysis and manipulation of data." (Daniel J Power & Ciara Heavin, "Decision Support, Analytics, and Business Intelligence" 3rd Ed., 2017)

"A scientific and systematic approach to examine raw data in order to draw valid conclusions about them. Data are extracted and structured, and qualitative and quantitative techniques are used to identify and analyze patterns." (Lesley S J Farmer, "Data Analytics for Strategic Management: Getting the Right Data", 2017)

"Techniques used to identify patterns in data sets. Qualitative and quantitative techniques are employed to derive meaning that may be valuable and could result in a positive business gain for an organization." (Daniel J Power & Ciara Heavin, "Decision Support, Analytics, and Business Intelligence" 3rd Ed., 2017)

"The discovery, interpretation, and communication of meaningful patterns in data to inform decision making and improve performance." (Jonathan Ferrar et al, "The Power of People: Learn How Successful Organizations Use Workforce Analytics To Improve Business Performance", 2017)

"Analytics refers to quantitative and statistical analysis and manipulation of data to derive meaning. Analytics is a broad umbrella term that includes business analytics and data analytics." (Daniel J. Power & Ciara Heavin, "Data-Based Decision Making and Digital Transformation", 2018)

"Involves drawing insights from the data including big data. Analytics uses simple to advanced tools depending upon the objectives. Analytics may involve visual display of data (charts and graphs), descriptive statistics, making predictions, forecasting future outcomes, or optimizing business processes." (Amar Sahay, "Business Analytics" Vol. I, 2018)

"Is the science of examining raw data with the purpose of drawing actionable information from it, data analytics is used to allow companies and organization to make better business decisions and in the sciences to verify or disprove existing theories." (Dennis C Guster, "Scalable Data Warehouse Architecture: A Higher Education Case Study", 2018)

"Data analytics is a process that examines, clears, converts and models data to explore useful information, draws conclusions and supports decision making." (A Aylin Tokuç, "Management of Big Data Projects: PMI Approach for Success", 2019)

"A rapidly emerging field of information science arising from the explosion of data generated by many Internet based applications and services. Data analytics embodies a sequential process of descriptive, diagnostic, predictive and prescriptive analytics. Each type has a different purpose and requires different techniques to gain meaningful outcomes. The latter two often employ machine learning to gain valuable insights and directional guidance in decision making, such as in self-driving automobiles." (Darrold L Cordes et al, "Transforming Urban Slums: Pathway to Functionally Intelligent Cities in Developing Countries", 2021)

"Discovery, interpretation, and communication of meaningful patterns in data; and the process of applying those patterns towards effective decision making." (Francisco S Gutierres & Pedro M Gome, "The Integrated Tourism Analysis Platform (ITAP) for Tourism Destination Management", 2021)

"The science of extracting meaningful information continuously with the assistance of specialized system for finding patterns to get feasible solutions." (Selvan C & S  R Balasundaram, "Data Analysis in Context-Based Statistical Modeling in Predictive Analytics", 2021)

"Analytics encompasses the discovery, interpretation, and communication of meaningful patterns in data. It relies on the simultaneous application of statistics, computer programming and operations research to quantify performance and is particularly valuable in areas with large amounts of recorded information. The goal of this exercise is to guide decision-making based on the business context. The analytics flow comprises descriptive, diagnostic, predictive analytics and eventually prescriptive steps." (Accenture)

"Data Analytics describes the end-to-end process by which data is cleaned, inspected and modeled. The objective is to discover useful and actionable information that supports decision-making." (Accenture)

"Data analytics enables organizations to analyze all their data (real-time, historical, unstructured, structured, qualitative) to identify patterns and generate insights to inform and, in some cases, automate decisions, connecting intelligence and action." (Tibco) [source]

"Data analytics is a set of technologies and practices that reveal meaning hidden in raw data." (Xplenty) [source]

"Data and analytics is the management of data for all uses (operational and analytical) and the analysis of data to drive business processes and improve business outcomes through more effective decision making and enhanced customer experiences." (Gartner)

"Data analytics (DA) is the process of examining data sets in order to draw conclusions about the information they contain, increasingly with the aid of specialized systems and software." (Techtarget) [source]

"Data analytics is the process of querying and interrogating data in the pursuit of valuable insight and information." (snowflake) [source]

"Data analytics is the pursuit of extracting meaning from raw data using specialized computer systems. These systems transform, organize, and model the data to draw conclusions and identify patterns." (Informatica) [source]

"Data analytics refers to the use of processes and technology to combine and examine datasets, identify meaningful patterns, correlations, and trends in them, and most importantly, extract valuable insights." (Qlik) [source]

"The discovery, interpretation, and communication of meaningful patterns in data. They are essentially the backbone of any data-driven decision making." (Insight Software)

"The process and techniques for the exploration and analysis of business data to discover and identify new and meaningful information and trends that allow for analysis to take place."(Information Management)

19 February 2015

Business Intelligence: Measurement (Definitions)

[process measurement] "The set of definitions, methods, and activities used to take measurements of a process and its resulting products for the purpose of characterizing and understanding the process." (Sandy Shrum et al, "CMMI: Guidelines for Process Integration and Product Improvement, Second Edition", 2006)

"Measurement is understood as a continuous process during which process metrics are defined and measurement data are collected, analyzed, and evaluated. The objective is to understand, control, and optimize processes, for instance, to improve project control, reduce development effort and cost, or to improve on work products." (Lars Dittmann et al, "Automotive SPICE in Practice", 2008)

[process measurement] "An evaluation of the performance of a system process.  A measurement from the system process is compared to determine whether it is below the 'Minimum value' or above the 'Maximum value' of the success criterion for that system process. If so, it is the source of a system event type that is the trigger of another system process to correct the situation." (David C Hay, "Data Model Patterns: A Metadata Map", 2010)

"Systematically determining or estimating dimension, quantity, and capacity in order to assign value." (Joan C Dessinger, "Fundamentals of Performance Improvement." 3rd Ed, 2012)

"The process of measurement is the act of ascertaining the size, amount, or degree of something. Measurements are the results of the process of measuring." (Laura Sebastian-Coleman, "Measuring Data Quality for Ongoing Improvement ", 2012)

"The process of determining the monetary amounts at which the elements of the financial statements are to be recognised and carried in the balance sheet [statement of financial position] and income statement [statement of comprehensive income]." (Project Management Institute, "The Standard for Program Management  3rd Ed..", 2013)

"(1) An instance of a measurement (a 'data point'). (2) The activity or process of making a measurement; for example, mapping empirical values to numbers or symbols of a measurement scale." (Richard D Stutzke, "Estimating Software-Intensive Systems: Projects, Products, and Processes", 2005)

"The process of assigning a number or category to an entity to describe an attribute of that entity." (ISO 14598)

Business Intelligence: Measures (Definitions)

"A quantitative, numerical column in a fact table. Measures typically represent the values that are analyzed. See also dimension." (Microsoft Corporation, "SQL Server 7.0 System Administration Training Kit", 1999)

"A metric is a measurable or quantitative value." (Microsoft Corporation, "Microsoft SQL Server 7.0 Data Warehouse Training Kit", 2000)

"A measure is a dimensional modeling term that refers to values, usually numeric, that measure some aspect of the business. Measures reside in fact tables. The dimensional terms measure and attribute, taken together, are equivalent to the relational modeling use of the term attribute." (Claudia Imhoff et al, "Mastering Data Warehouse Design", 2003)

"(1) A mapping from empirical properties to quantities in a formal mathematical model called a measurement scale. (2) To obtain a measurement." (Richard D Stutzke, "Estimating Software-Intensive Systems: Projects, Products, and Processes", 2005)

"In Dimensional modeling, a specific data item that describes a fact or aggregation of facts. Measures are implemented as metric facts." (Sharon Allen & Evan Terry, "Beginning Relational Data Modeling" 2nd Ed., 2005)

"A summarizable numerical value used to monitor business activity; it is also known as a fact. " (Reed Jacobsen & Stacia Misner, "Microsoft SQL Server 2005 Analysis Services Step by Step", 2006)

"A column of quantifiable data mapped to a dimension within a cube. Measures are often used to provide access to aggregations of data (such as annual sales of a product or a store), while also giving the ability to drill down into the details (such as quarterly or monthly sales)." (Robert D. Schneider and Darril Gibson, "Microsoft SQL Server 2008 All-In-One Desk Reference For Dummies", 2008)

[business measure:] "Business performance metric captured by an operational system and represented as a physical or computed fact in a dimensional model." (Ralph Kimball, "The Data Warehouse Lifecycle Toolkit", 2008)

"A set of usually numeric values from a fact table that is aggregated in a cube across all dimensions." (Jim Joseph et al, Microsoft® SQL Server 2008 Reporting Services Unleashed, 2009)

[business measures:] "The complete set of facts, base and derived, that are defined and made available for reporting and analysis." (Laura Reeves, "A Manager's Guide to Data Warehousing", 2009)

"A quantitative performance indicator or success factor that can be traced on an ongoing basis to determine successful operation and progress toward objectives and goals." (David Lyle & John G. Schmidt, "Lean Integration", 2010)

"1.Loosely used, a metric. 2.In data modeling, a quantified characteristic; the unit used to quantify the dimensions, capacity, or amount of something." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

"Value assigned (noun) or the process of assigning a value (verb) to an object through calculation, appraisal, estimation, or some other method." (Leslie G Eldenburg & Susan K. Wolcott, "Cost Management" 2nd Ed., 2011)

"In a cube, a set of values that are usually numeric and are based on a column in the fact table of the cube. Measures are the central values that are aggregated and analyzed." (Microsoft, "SQL Server 2012 Glossary", 2012)

"The act of identifying what to measure as well as actually collecting the measures that would help an organization understand if the process is operating within acceptable limits." (Project Management Institute, "Organizational Project Management Maturity Model (OPM3®)" 3rd Ed., 2013)

"Metrics such as count, maximum, minimum, sum, or average that are used in a fact table. Measures can be calculated with an SQL expression or mapped directly to a numeric value in a column." (Sybase, "Open Server Server-Library/C Reference Manual", 2019)

"The number or category assigned to an attribute of an entity by making a measurement. (ISO 14598)

Business Intelligence: Metric (Definitions)

"(1) The degree to which a product, process, or project possesses some attribute of interest. (2) A measured quantity (such as size, effort, duration, or quality). (3) The distance between two points in a vector space." (Richard D Stutzke, "Estimating Software-Intensive Systems: Projects, Products, and Processes", 2005)

"A summarizable numerical value used to monitor business activity; it is also known as a fact." (Reed Jacobsen & Stacia Misner, "Microsoft SQL Server 2005 Analysis Services Step by Step", 2006)

"A metric is a measurement. When a plan is put into place, a way to measure the outcome is needed. When a market share forecast is created and the outcomes are measured at a future date, the planned metric is compared with the actual metric to determine the degree to which the metric was met. From this data, strategies can be revised and tactical options can be reconsidered." (Steven Haines, "The Product Manager's Desk Reference", 2008)

"A numerical value describing a procedure, process, product attribute, or goal. A distinction is made between basic metrics (that can be measured directly) and derived metrics which result from mathematical operations using basic metrics." (Lars Dittmann et al, "Automotive SPICE in Practice", 2008)

"a measurement of some parameter, usually used in the assessment of a technology, approach, or design." (Bruce P Douglass, "Real-Time Agility: The Harmony/ESW Method for Real-Time and Embedded Systems Development", 2009)

"A metric is a standard unit of measure, such as meter or mile for length, or gram or ton for weight, or, more generally, part of a system of parameters, or systems of measurement, or a set of ways of quantitatively and periodically measuring, assessing, controlling, or selecting a person, process, event, or institution, along with the procedures to carry out measurements and the procedures for the interpretation of the assessment in the light of previous or comparable assessments." (Mark S Merkow & Lakshmikanth Raghavan, "Secure and Resilient Software Development", 2010)

"Groupings of data, or numbers, that reflect specific measures or subjects." (Annetta Cortez & Bob Yehling, "The Complete Idiot's Guide To Risk Management", 2010)

"a calculated value based on measurements used to monitor and control a process or business activity. Most metrics are ratios comparing one measurement to another." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

"A specific, measurable standard against which actual performance is compared." (Linda Volonino & Efraim Turban, "Information Technology for Management" 8th Ed., 2011) 

"Generally, a unit of measure selected used to monitor and control a process." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

"In a data warehouse, numeric facts that measure a business characteristic of interest to the end user." (Carlos Coronel et al, "Database Systems: Design, Implementation, and Management" 9th Ed., 2011)

"Measurement of a particular characteristic of a task (for example, duration, effort, quality, cost, value delivered, or customer satisfaction)." (Charles Cooper & Ann Rockley, "Managing Enterprise Content: A Unified Content Strategy" 2nd Ed., 2012)

"1. A value from measuring a certain program or component attribute. Finding metrics is a task for static analysis. 2. A measurement scale and the method used for measurement." (Tilo Linz et al, "Software Testing Foundations" 4th Ed., 2014)

"A method of measuring something. It provides quantifiable data used to gauge the effectiveness of a process; metrics are commonly used to measure the effectiveness of a help desk." (Darril Gibson, "Effective Help Desk Specialist Skills", 2014)

"A value that you use to study some aspect of a project. A metric can be an attribute (such as the number of bugs) or a calculated value (such as the number of bugs per line of code)." (Rod Stephens, "Beginning Software Engineering", 2015)

"A measurement used to support the monitoring of a key performance indicator (KPI). A metric can have targets and can be used as a service level." (by Brian Johnson & Leon-Paul de Rouw, "Collaborative Business Design", 2017)

"Facts and figures representing the effectiveness of business processes that organizations track and monitor to assess the state of the company." (Jonathan Ferrar et al, "The Power of People: Learn How Successful Organizations Use Workforce Analytics To Improve Business Performance", 2017)

"A metric is the measurement of a particular characteristic of a company’s performance or efficiency. Metrics are the variables whose measured values are tied to the performance of the organization. They are also known as the performance metrics because they are performance indicators." (Amar Sahay, "Business Analytics" Vol. I, 2018)

"A measurable quantity that indicates progress toward some goal." (O Sami Saydjari, "Engineering Trustworthy Systems: Get Cybersecurity Design Right the First Time", 2018)

"Any number (often one calculated using two or more input numbers) used to evaluate some part of an organization's performance." (Marci S. Thomas & Kim Strom-Gottfried, "Best of Boards" 2nd Ed., 2018)

"Metrics are agreed-upon measures used to evaluate how well the organization is progressing toward the Portfolio, Large Solution, Program, and Team’s business and technical objectives." (Dean Leffingwell, "SAFe 4.5 Reference Guide: Scaled Agile Framework for Lean Enterprises" 2nd Ed., 2018)

"In a machine learning context, a metric is a measure of how good or bad a particular model is at its task. In a software context, a metric is a measure defined for an application, program, or function." (Alex Thomas, "Natural Language Processing with Spark NLP", 2020)

"A business calculation defined by an expression built with functions, facts, attributes, or other metrics." (Microstrategy)

"A measurement scale and the method used for measurement" (ISO 14598)

"Quantifiable measures used to track, monitor, and gauge the results and success of various business processes. Metrics are meant to communicate a company’s progression toward certain long and short term objectives. This often requires the input of key stakeholders in the business as to which metrics matter to them." (Insight Software)

"Tools designed to facilitate decision making and improve performance and accountability through collection, analysis, and reporting of relevant performance-related data." (NIST SP 800-55)

15 February 2015

Business Intelligence: Reporting (Definitions)

"An automated business process or related functionality that provides a detailed, formal account of relevant or requested information." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

[enterprise reporting:] "1.The process of producing reports using unified views of enterprise data. 2.A category of software tools used to produce reports; a term for what were simply known as reporting tools." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

[ad hoc reporting:] "A reporting system that enables end users to run queries and create custom reports without having to know the technicalities of the underlying database schema and query syntax." (Microsoft, "SQL Server 2012 Glossary", 2012)

"A process by which insight is presented in a visually appealing and informative manner." (Evan Stubbs, "Delivering Business Analytics: Practical Guidelines for Best Practice", 2013)

"The practice of reporting what has happened, analyzing contributing data to determine why it happened, and monitoring new data to determine what is happening now. Also known as descriptive analytics and business intelligence." (Brenda L Dietrich et al, "Analytics Across the Enterprise", 2014)

"The process of collecting data from various sources and presenting it to business people in an understandable way." (Daniel Linstedt & W H Inmon, "Data Architecture: A Primer for the Data Scientist", 2014)

"A common interaction with an organizing system." (Robert J Glushko, "The Discipline of Organizing: Professional Edition" 4th Ed., 2016)

"The function or activity for generating documents that contain information organized in a narrative, graphic, or tabular form, often in a repeatable and regular fashion." (Jonathan Ferrar et al., 2017)

"Business intelligence reporting, or BI reporting, is the process of gathering data by utilizing different software and tools to extract relevant insights. Ultimately, it provides suggestions and observations about business trends, empowering decision-makers to act." (Data Pine) [source

"When we talk about reporting in business intelligence (BI), we are talking about two things. One is reporting strictly defined. The other is 'reporting' taken in a more general meaning. In the first case, reporting is the art of collecting data from various data sources and presenting it to end-users in a way that is understandable and ready to be analyzed. In the second sense, reporting means presenting data and information, so it also includes analysis–in other words, allowing end-users to both see and understand the data, as well as act on it." (Logi Analytics) [source


06 February 2015

Business Intelligence: Dashboards (Definitions)

"A dashboard is a visual display of the most important information needed to achieve one or more objectives; consolidated and arranged on a single screen so the information can be monitored at a glance." (Stephen Few, "Dashboard Confusion", Intelligent Enterprise, 2004)

Dashboard reports: "Highly summarized, often graphical, representations of the state of the business that are often used by executives and strategic decision makers." (Reed Jacobsen & Stacia Misner, "Microsoft SQL Server 2005 Analysis Services Step by Step", 2006)

Dashboard: "A means of providing information in a straightforward way. Like the part in a car it is named after, a business dashboard allows executives to see key metrics about anything from monthly sales to manufacturing downtime." (Tony Fisher, "The Data Asset", 2009)

Dashboard (also called performance dashboard): "The presentation of key business measurements on a single interface designed for quick interpretation, often using graphics. The most effective dashboards are supported by a full data mart that enables drilling down into more detailed data to better understand the indicators." (Laura Reeves, "A Manager's Guide to Data Warehousing", 2009)

Dashboard: "A visual display mechanism to enable business users at every level to receive the information they need to make better decisions that improve business performance." (Paulraj Ponniah, "Data Warehousing Fundamentals for IT Professionals", 2010)

Dashboard: "A BI tool that provides a comprehensive, at-a-glance view of corporate performance with graphical presentations, resembling a dashboard of a car. These graphical presentations show performance measures, trends, and exceptions, and integrate information from multiple business areas." (Linda Volonino & Efraim Turban, "Information Technology for Management" 8th Ed., 2011)

Dashboard: "A technique to represent vast amounts of decision-support information at an amalgamated level using tabular and graphic representation, such as graphs and traffic lights." (Paul C Dinsmore et al, "Enterprise Project Governance", 2012)

Dashboards: "Business intelligence tools that display performance indicators, present data and information at both summary and detailed levels, and assist decision-makers employing them to act on the information they present." (Joan C Dessinger, "Fundamentals of Performance Improvement" 3rd Ed., 2012)

Dashboard: "A view that displays ranges of data in a graphical format. Key performance indicators (KPIs) or any element can be displayed in a dashboard. Each element is represented by a gauge that displays the data ranges that are defined. Links to comments, trend data, and element properties can also be provided." (Jim Davis & Aiman Zeid, "Business Transformation", 2014)

"[...] dashboards indicate the status of a performance metric at a given point in time. [...] dashboards are used to represent actual granular data, they contain data that is more recent than that of scorecards." (Saumya Chaki, "Enterprise Information Management in Practice", 2015)

Data dashboard: "A management-level online report capturing data conditions and trends."(Gregory Lampshire, "The Data and Analytics Playbook", 2016)

"A dashboard is a visual display of data used to monitor conditions and/or facilitate understanding."
(Steve Wexler et al, "The Big Book of Dashboards: Visualizing Your Data Using Real-World Business Scenarios", 2017)

"A dashboard is a reporting tool that consolidates, aggregates and arranges measurements, metrics (measurements compared to a goal) and sometimes scorecards on a single screen so information can be monitored at a glance. Dashboards differ from scorecards in being tailored to monitor a specific role or generate metrics reflecting a particular point of view; typically they do not conform to a specific management methodology." (Information Management) [also (Intrafocus)] 

"Dashboards are a reporting mechanism that aggregate and display metrics and key performance indicators (KPIs), enabling them to be examined at a glance by all manner of users before further exploration via additional business analytics (BA) tools." (Gartner)

05 February 2015

Business Intelligence: Trend Analysis (Definitions)

"The process of looking at homogeneous data over a duration of time to find recurring and predictable behavior." (Sharon Allen & Evan Terry, "Beginning Relational Data Modeling" 2nd Ed., 2005)

"the process of looking at homogeneous data over a spectrum of time." (William H Inmon, "Building the Data Warehouse", 2005)

"An analytical technique that uses mathematical models to forecast future outcomes based on historical results. It is a method of determining the variance from a baseline of a budget, cost, schedule, or scope parameter by using prior progress reporting periods' data and projecting how much that parameter's variance from baseline might be at some future point in the project if no changes are made in executing the project." (Cynthia Stackpole, "PMP® Certification All-in-One For Dummies®", 2011)

[trending] "A process by which underlying trends are identified within time-related data. These trends may be manually, algorithmically, or statistically identified and may be extrapolated into the future to aid planning." (Evan Stubbs, "Delivering Business Analytics: Practical Guidelines for Best Practice", 2013)

"A form of statistical analysis used to analyze activities over a period of time." (Sally-Anne Pitt, "Internal Audit Quality", 2014)

"Using tools and statistics to identify consistent movement in one direction or another. The analysis might show a consistent upward trend or a consistent downward trend, but either way it indicates a change worth investigating." (Darril Gibson, "Effective Help Desk Specialist Skills", 2014)

"A data analysis technique that examines project performance over time to determine if performance is improving or deteriorating." (Cate McCoy & James L Haner, "CAPM Certified Associate in Project Management Practice Exams", 2018)

"An analytical technique that uses mathematical models to forecast future outcomes based on historical results." (Project Management Institute, "The Standard for Organizational Project Management (OPM)", 2018)

 "analysis of data to identify time-related patters" (ITIL)

15 January 2015

Business Intelligence: Key Performance Indicator (Definitions)

"A performance measure that is indicative of the organization's performance within a specific area." (William A Giovinazzo, "Internet-Enabled Business Intelligence", 2002)

"A key performance indicator is a metric that provides business users with an indication of the current and historical performance of an aspect of the business." (Claudia Imhoff et al, "Mastering Data Warehouse Design", 2003)

"A measurement of business operations that compares a value at a specified point in time to a predetermined goal and, optionally, determines a trend direction. Often, a KPI is displayed using a graphical image such as a stoplight or a gauge using colors and relative indicators according to predetermined business rules." (Reed Jacobsen & Stacia Misner, "Microsoft SQL Server 2005 Analysis Services Step by Step", 2006) 

"An important set of metrics (see Metrics) used to determine how well a product is performing in the market." (Steven Haines, "The Product Manager's Desk Reference", 2008)

"Financial and non-financial metrics used to assess the strategic performance of an organization." (Ralph Kimball, "The Data Warehouse Lifecycle Toolkit", 2008)

"Quantifiable, measurable objectives agreed to beforehand and that reflect the critical success factors of an organization." (Tilak Mitra et al, "SOA Governance", 2008)

"A piece of information that an organization considers a crucial reflection of how well it's doing." (Ken Withee, "Microsoft Business Intelligence For Dummies", 2010)

"Financial and nonfinancial metrics used by an organization to define and evaluate how successful it is, typically in terms of making progress toward its goals." (Janice M Roehl-Anderson, "IT Best Practices for Financial Managers", 2010) 

"A business calculation (metric) with associated target values or ranges that allows macro level insights into the business process to manage profitability and monitor strategic impact." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

"In business intelligence, refers to quantifiable measurements (numeric or scale-based) that assess a company’s effectiveness or success in reaching strategic and operational goals. Examples of KPI are product turnovers, sales by promotion, sales by employee, earnings per share, etc." (Carlos Coronel et al, "Database Systems: Design, Implementation, and Management 9th Ed", 2011)

"Metrics that measure the actual performance of critical aspects of IT, such as critical projects and applications, servers, the network, and so forth, against predefined goals and objectives." (Linda Volonino & Efraim Turban, "Information Technology for Management" 8th Ed., 2011)

"A measure used to quantify performance and outcomes." (Carl F Lehmann, "Strategy and Business Process Management", 2012)

"Quantitative performance measures that define the critical success factors of an organization, help the organization measure progress toward its goals and objectives, and identify areas for organizational performance and improvement." (Joan C Dessinger, "Fundamentals of Performance Improvement" 3rd Ed., 2012)

"A high-level measurement meant to indicate how well an individual or group is performing a set of activities that is considered critical to the overall success of an endeavor." (Project Management Institute, "Navigating Complexity: A Practice Guide", 2014)

"A measure that indicates the achievement of a specific objective." (Sally-Anne Pitt, "Internal Audit Quality", 2014)

"A measurement that shows whether an organization is progressing toward its stated goals." (Jim Davis & Aiman Zeid, "Business Transformation: A Roadmap for Maximizing Organizational Insights", 2014)

"Quantitative and measurable statement used to judge whether or not a goal has been reached; linked to a measurement and to the means of evaluation." (Gilbert Raymond & Philippe Desfray, "Modeling Enterprise Architecture with TOGAF", 2014)

"A set of metrics directly linked to the desired corporate objective (e.g., shareholder value) and explicitly integrated into the firm's incentive compensation system." (Thomas C Wilson, "Value and Capital Management", 2015)

"Most frequently referred to as KPIs. Metrics that indicate the performance of the business." (Brittany Bullard, "Style and Statistics", 2016)

"A set of business metrics used to determine whether a person, product, group, or division is successful." (Pamela Schure & Brian Lawley, "Product Management For Dummies", 2017)

"A variable or metric against which the success of a function or business is judged." (Jonathan Ferrar et al, "The Power of People: Learn How Successful Organizations Use Workforce Analytics To Improve Business Performance", 2017)

"A quantifiable measure used to evaluate the success of an organization, strategic initiative, employee, etc., in meeting the objectives for performance." (H James Harrington & William S Ruggles, "Project Management for Performance Improvement Teams", 2018)

"Quantifiable measurements, agreed to beforehand, that reflect the critical success factors of an organization." (William Stallings, "Effective Cybersecurity: A Guide to Using Best Practices and Standards", 2018)

"Used to assess and measure the performance of a specific business task. For example sales results in terms of order rates over a quarterly (3 month) period." (BCS Learning & Development Limited, "CEdMA Europe", 2019)

"KPIs are metrics defined to measure business performance of an enterprise. This term is related to BPM." (Martin Oberhofer et al, "The Art of Enterprise Information Architecture", 2010)

"A key performance indicator (KPI) is a high-level measure of system output, traffic or other usage, simplified for gathering and review on a weekly, monthly or quarterly basis." (Gartner)

"An acronym for Key Performance Indicator. These are key indicators to the health of the business." (BI System Builders)

"A business calculation that allows macro level insights into the business process to manage profitability." (Information Management)

"A type of performance measurement an organization may use to evaluate its success." (Board International)

"Business metrics used to evaluate factors that are crucial to organizational success." (Insight Software)

"Personalized performance metrics and benchmarks that drive the financial and operational success of the company." (Appian)

"A predefined measure that is used to track performance of a strategic goal, objective, plan, initiative, or business process. A KPI is evaluated against a target. An explicit and measurable value taken directly from a data source. Key performance indicators (KPIs) are used to measure performance in a specific area, for example, revenue per customer." (Microsoft)

"An indicator gauging how well a company progresses in numerous areas such as finance, customer service, and product availability and distribution." (Microstrategy)

"Key Performance Indicator - is a critical measurement of the performance of essential tasks, operations, or processes in a company. A KPI will usually unambiguously reveal conditions or performance that is outside the norm and that signals a need for managerial intervention." (Targit)

"Key performance indicators or KPIs […] are visual indicators in the form of color-coded shapes that are tied to a pre-defined, critical threshold. When the threshold is crossed, the KPI’s function is to alert key personnel so that they can take the necessary action." (Logi Analytics) [source]

"Key performance indicators (KPIs) are business metrics used by corporate executives and other managers to track and analyze factors deemed crucial to the success of an organization." (Techtarget) [source

Business Intelligence: Single Version of the Truth (Definitions)

System of Record (SOR): "Also called Single Point of Truth (SPOT), is a method for addressing the data quality problems caused by having multiple, inconsistent representations of the same entity or entity attribute by designating one system as holding and maintaining the authoritative source." (John R Talburt, "Entity Resolution and Information Quality", 2011)

"The SSOT is a logical, often virtual and cloud-based repository that contains one authoritative copy of all crucial data, such as customer, supplier, and product details." (Leandro DalleMule &  Thomas H Davenport, "What’s Your Data Strategy?" , Harvard Business Review, 2017) [source

"A single source of truth (SSOT) is the practice of aggregating the data from many systems within an organization to a single location. A SSOT is not a system, tool, or strategy, but rather a state of being for a company’s data in that it can all be found via a single reference point." (MuleSoft) [source]

One version of the truth (or ‘single version of the truth’; or SVOT: "A technical concept describing the business analysis ideal of having either a single centralized database (data warehouse), or at least a distributed synchronized database, which stores all of an organization’s data in a consistent and non-redundant form. A combination of software, data quality, and strong data leadership can help enterprises and organizations achieve SVOT." (Insight Software)

Single Version of the Truth: "One single central data warehouse containing quality assured data that is delivered accurately through Business Intelligence reports. The opposite of this is numerous databases resulting in Business Users getting conflicting answers and results to the same question." (BI System Builders)

10 January 2015

Business Intelligence: Self-Service BI (Definitions)

Self-service business intelligence (BI): "A self-service BI is a semantic layer that enables business users to perform ad hoc reporting and analysis with no IT intervention. Self-service BI helps in the higher adoption of BI solutions." (Saumya Chaki, "Enterprise Information Management in Practice", 2015)

Self-Service BI: "The activity of end users being self-sufficient in supplying themselves with Business Intelligence reports and/ or queries without having to rely on IT." (BI System Builders)

"Self-service analytics or self-service business intelligence refers to tools used to connect and analyze data, and which are operated primarily by business departments in the organization – rather than IT professionals or dedicated data analysts." (Sisense) [source]

"Self-service BI is a trend with a somewhat vague definition. In the most general sense, self-service BI tasks are those that business users carry out themselves instead of passing them on to IT for fulfillment. The aim is to give the users of BI tools more freedom and responsibility at the same time. At its heart lies the notion of user independence and self-sufficiency when it comes to the use of corporate information, which leads to a decentralization of BI in the organization." (BI Survey) [source]

"Self-service BI (business intelligence) is a software tool or application that empowers business users to analyze data, visualize insights, and obtain and share information in the form of reports and self-service BI dashboards – without the help of IT." (Logi Analytics) [source]



02 January 2015

Business Intelligence: Decision Support System (Definitions)

"Interactive computer-based systems intended to help decision makers utilize data and models to identify and solve problems and make decisions." (D J Power, "Decision Support Systems Hyperbook", 2000)

"The original name for data warehousing." (Ralph Kimball & Margy Ross, "The Data Warehouse Toolkit" 2nd Ed., 2002)

"The presentation of data to support management in making decisions." (William A Giovinazzo, "Internet-Enabled Business Intelligence", 2002)

"The automated process to provide facts and information to facilitate decision-making activities. Usually DSS involves the analysis of many units of data in a heuristic fashion." (Margaret Y Chu, "Blissful Data ", 2004)

"A system used to support managerial decisions. Usually DSS involves the analysis of many units of data in a heuristic fashion. As a rule, DSS processing does not involve the update of data." (William H Inmon, "Building the Data Warehouse", 2005)

"Commonly known as DSS databases, these support decisions, generally more management-level and even executive-level decision-type of objectives." (Gavin Powell, "Beginning Database Design", 2006)

"A system used to support managerial decisions. Usually DSS involves the analysis of many units of data in a heuristic fashion. As a rule, DSS processing does not involve the update of data." (William H Inmon & Anthony Nesavich, "Tapping into Unstructured Data", 2007)

"A branch of the broadly defined management information system (MIS). It is an information system that provides answers to problems and that integrates the decision maker into the system as a component. The system utilizes such quantitative techniques as regression and financial planning modeling. DSS software furnishes support to the accountant in the decision - making process." (Jae K Shim & Joel G Siegel, "Budgeting Basics and Beyond", 2008)

"An application that uses data to support managerial decisions through ad hoc query, summarization, drill-down analysis, trend analysis, exception identification and 'what if' scenario modeling." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

"An arrangement of computerized tools used to assist managerial decision making within a business." (Carlos Coronel et al, "Database Systems: Design, Implementation, and Management" 9th Ed., 2011)

"Computer-based information system that combines models and data to solve semistructured and some unstructured problems with intensive user involvement." (Linda Volonino & Efraim Turban, "Information Technology for Management" 8th Ed., 2011)

"Information processing application used by managers and business professionals to analyze situations, monitor and compare performance data, highlight changes that require their attention, and to identify the more promising solutions. DSSs are one component of the overall MIS content for a business" (Kenneth A Shaw, "Integrated Management of Processes and Information", 2013)

"A DSS is an interactive computer-based system or subsystem intended to help decision makers use communications technologies, data, documents, knowledge, or models to identify and solve problems, complete decision process tasks, and make decisions." (Ciara Heavin & Daniel J Power, "Decision Support, Analytics, and Business Intelligence" 3rd Ed., 2017)

"A computer-based information ­system that supports individual or team decision making. Five primary types: communications-driven, data-driven, document-driven, knowledge­driven, and data-driven DSS." (Daniel J Power & Ciara Heavin, "Data-Based Decision Making and Digital Transformation", 2018)

"A coordinated assemblage of people, devices or other resources that analyzes, typically, business data and presents it so that users can make business decisions more easily." (GEMET - Environmental thesaurus)

"A computer system that provides managers with the tools they need to analyze information they deem relevant for a particular decision or class of decisions. Pearson, "Digital Planet: Tomorrow's Technology and You" 10th Ed.)

"A computer-based system that supports organizational decision making activities. Oftentimes, this type of system is used when data is changing rapidly or is not easy to extrapolate." (Solutions Review)

"A decision support system includes the technologies used for management, operations, and planning in an organization to help users make better decisions by providing data and analytics capabilities." (Qlik) [source]

"A decision support system (DSS) is a computer program application that analyzes business data and presents it so that users can make business decisions more easily. It is an 'informational application' (to distinguish it from an 'operational application' that collects the data in the course of normal business operation)." (Techtarget) [source]

"A decision support system or tool is one specifically designed to allow business end users to perform computer generated analyses of data on their own. This system supports exception reporting, stop light reporting, standard repository, data analysis and rule-based analysis." (Information Management)

"An application primarily used to consolidate, summarize, or transform transaction data to support analytical reporting and trend analysis." (IDW BI)

"Business intelligence, sometimes abbreviated BI, is a broad term that describes the set of processes that business use to analyze the data that they generate through operations and turn it into actionable insights that can drive effective business decision-making." (Sumo Logic) [source]

"Software tools that help with decision support." (Oracle) 

Business Intelligence: Business Intelligence (Definitions)

"Throughout Holland, Flanders, France, and Germany, he maintained a complete and perfect train of business intelligence. The news of the many battles fought was thus received first by him, and the fall of Namur added to his profits, owing to his early receipt of the news." (Richard M Devens, "Cyclopaedia of Commercial and Business Anecdotes", 1865) [first usage of the term] 

"An automatic system is being developed to disseminate information to the various sections of any industrial, scientific or government organization. This intelligence system will utilize data-processing machines for auto-abstracting and auto-encoding of documents and for creating interest profiles for each of the ‘action points’ in an organization. Both incoming and internally generated documents are automatically abstracted, characterized by a word pattern, and sent automatically to appropriate action points. […] All of these techniques are based on statistical procedures which can be performed on present-day data processing machines. Together with proper communication facilities and input-output equipment a comprehensive system may be assembled to accommodate all information problems of an organization. We call this a Business Intelligence System." (Hans P Luhn, "A Business Intelligence System", IBM Journal, 1958)  [first usage of the term in modern context] 

"The communication facility serving the conduct of a business (in the broad sense) may be referred to as an intelligence system. The notion of intelligence is also defined here, in a more general sense, as ‘the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal’." (Hans P Luhn,"A Business Intelligence System", IBM Journal, 1958)

"The process of accessing and analyzing data and using it to make better business decisions. Business intelligence distinguishes the use of data, which may or may not be valuable, with the use of information, which is always of value in business decisions." (Microsoft Corporation, "Microsoft SQL Server 7.0 Data Warehouse Training Kit", 2000)

"A generic term to describe leveraging the organization’s internal and external information assets for making better business decisions." (Ralph Kimball & Margy Ross, "The Data Warehouse Toolkit" 2nd Ed., 2002)

"The processes, technologies, and tools needed to turn data into information, information into knowledge, and knowledge into plans that drive profitable business action. Business intelligence encompasses data warehousing, business analytic tools, and content/knowledge management." (Data Warehousing Institute, 2002)

"Thinking abstractly about an organization, reasoning about the business, organizing large quantities of information about the business in order to define and execute a strategy." (William A Giovinazzo, "Internet-Enabled Business Intelligence", 2002)

"Business intelligence is the set of processes and data structures used to analyze data and information used in strategic decision support. The components of Business Intelligence are the data warehouse, data marts, the DSS interface and the processes to 'get data in' to the data warehouse and to 'get information out'." (Claudia Imhoff et al, "Mastering Data Warehouse Design", 2003)

"The set of products or services used to access and analyze data to turn them into information or knowledge enhancement. It includes decision support and data warehousing." (Margaret Y Chu, "Blissful Data", 2004)

"A category of applications and technologies to guide the analysis and use of detailed business data for improved business decision making. The term is sometimes used synonymously with decision support, though business intelligence is technically much broader." (Jill Dyché & Evan Levy, "Customer Data Integration", 2006)

"An approach to management that allows an organization to define what information is useful and relevant to its corporate decision making. Business intelligence helps decision makers make better decisions faster by converting data into information." (Reed Jacobsen & Stacia Misner, "Microsoft SQL Server 2005 Analysis Services Step by Step", 2006)

"Business Intelligence is defined as getting the right information to the right people at the right time. The term encompasses all the capabilities required to turn data into intelligence that everyone in your organization can trust and use for more effective decision making."(Stefanie V Gerlach et al, "Business Intelligence Competency Centers", 2006)

"The part of information technology that focuses on reporting and analysis currently goes by the name business intelligence (BI)." (Stephen Few, "Information Dashboard Design", 2006)

"Business information and business analyses within the context of key business processes that lead to decisions and actions and which result in improved business performance." (Steve Williams & Nancy Williams, "The Profit Impact of Business Intelligence", 2007)

"The activity of converting data into information." (William H Inmon & Anthony Nesavich, "Tapping into Unstructured Data", 2007)

"Business Intelligence is a method of storing and presenting key enterprise data so that anyone in your company can quickly and easily ask questions of accurate and timely data. Effective BI allows end users to use data to understand why your business got the particular results that it did, to decide on courses of action based on past data, and to accurately forecast future results." (Lynn Langit, "Foundations of SQL Server 2005 Business Intelligence", 2007)

"A generic term to describe leveraging the organization’s internal and external information assets to support improved business decision making. Some commentators use the term business intelligence to refer only to the reporting and analysis of data stored in the data warehouse. Because the industry has not reached agreement, we consistently use the phrase data warehouse/business intelligence (DW/BI) to mean the complete end-to-end system. Though some would argue that you can theoretically deliver BI without a data warehouse, and vice versa, that is ill-advised from our perspective. Linking the two together in the DW/BI acronym further reinforces their dependency." (Ralph Kimball, "The Data Warehouse Lifecycle Toolkit", 2008)

"A method used to analyze and interpret business performance data so that fact-based business decisions can be made. The business data referred to in BI is usually extracted from a variety of domains and databases, and presented in a way to bring about more efficient analysis." (Steven Haines, "The Product Manager's Desk Reference", 2008)

"A somewhat generic term used for computer programs that store, analyze, and broadcast data to users to answer business questions."  (Stuart Mudie et al, "BusinessObjects™ XI Release 2 for Dummies", 2008)

"Business intelligence is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision making." (Boris Evelson, Forrester Research, 2008)

"Skills and technologies used to help organizations make better decisions by better understanding their business, their market, and their customers." (Tony Fisher, "The Data Asset", 2009)

"The collection of one or more reports or analyses, using data from the data warehouse, that provide insight into the performance of a business organization. These reports and analyses are typically interactive to enable further understanding of specific areas of interest. They are used to support business professionals in their decision-making processes." (Laura Reeves, "A Manager's Guide to Data Warehousing", 2009)

"BI combines products, technology, and methods to organize key information that management needs to improve profit and performance. More broadly, we think of BI as business information and business analyses within the context of key business processes that lead to decisions and actions and that result in improved business performance. In particular, BI means leveraging information assets within key business processes to achieve improved business performance." (Nancy Williams & Steve Williams, "The Profit Impact of Business Intelligence", 2010)

"Focuses on the collection of those transactions and forming them into a database structure that facilitates analysis." (Anthony D Giordano, "Data Integration Blueprint and Modeling: Techniques for a Scalable and Sustainable Architecture", 2010)

"Generally used synonymously with the information available in an enterprise for making strategic decisions." (Paulraj Ponniah, "Data Warehousing Fundamentals for IT Professionals", 2010)

"Using computer software systematically, throughout an organization, to get a handle on the mountains of data that flow from modern business. BI turns the raw data into ready-to-use business information that becomes an ongoing part of strategic decision-making." (Ken Withee, "Microsoft Business Intelligence For Dummies", 2010)

"Software that enables users to obtain enterprise-wide information for reporting, analytics, data mining, benchmarking, business performance management, and predictive analytics in order to support business decision making." (Janice M Roehl-Anderson, "IT Best Practices for Financial Managers", 2010)

"This is a term that describes a broad variety of analytical applications used by an enterprise to get intelligent and meaningful insight into how the business performed in the past or is currently performing. This insight is typically used to make decisions, giving a business a competitive advantage. BI covers a broad field such as Data Warehousing, data marts, text analytics, data mining, or business reporting to name just a few." (Martin Oberhofer et al, "The Art of Enterprise Information Architecture", 2010)

"A collection of data analysis methods and techniques used by businesses to improve decision making, forecasting, and operational processes in order to gain a competitive advantage in the marketplace." (John R Talburt, "Entity Resolution and Information Quality", 2011)

"A comprehensive, cohesive, and integrated set of tools and processes used to capture, collect, integrate, store, and analyze data with the purpose of generating and presenting information used to support business decision making." (Carlos Coronel et al, "Database Systems: Design, Implementation, and Management" 9th Ed., 2011)

"Category of applications for gathering, storing, analyzing, and providing access to data to help enterprise users make better decisions." (Linda Volonino & Efraim Turban, "Information Technology for Management" 8th Ed., 2011)

"Software products that create integrated systems across an organization or between an organization and its customers and suppliers to improve management of employee teams, customer service, and supply chains. May be used for strategic planning, budgeting, financial consolidation, decision support, and reporting to support diagnostic and interactive controls." (Leslie G Eldenburg & Susan K Wolcott, "Cost Management 2nd Ed", 2011)

[Strategic BI:] The application of BI tools to provide metrics to executives, often in conjunction with some formal method of business performance management, to help determine if a corporation is on target for meeting its goals and objectives. Used to support long-term corporate goals and objectives." (DAMA International, "The DAMA Dictionary of Data Management" 1st Ed., 2010)

"Business intelligence (BI) is a set of techniques that takes business data and creates information from those data so that managers can make decisions. In that way, organizations create business intelligence." (Michael S Gendron, "Business Intelligence Applied", 2012)

"Business intelligence taps information systems to extract and report data in organized ways that are helpful to decision makers." (John R Schermerhorn Jr, "Management" 12th Ed., 2012)

"Computer-based techniques used in identifying, extracting, and analyzing business data. Common functions of BI technologies are reporting, online analytical processing (OLAP), analytics, data and process mining, complex event processing, business performance management, benchmarking, and predictive analytics." (Craig S Mullins, "Database Administration: The Complete Guide to DBA Practices and Procedures" 2nd Ed., 2012)

"A broad classification of information-systems-based technologies that support the identification and presentation of insight. Common historical usage referred primarily to reporting-focused systems, but usage of the term has been broadened by some to include all forms of insight generation (including exploratory data analysis and predictive analytics)." (Evan Stubbs, Delivering Business Analytics: Practical Guidelines for Best Practice, 2013)

"A term often used to describe the range of analysis approaches used to process business data." (Kenneth A Shaw, "Integrated Management of Processes and Information", 2013)

"A broad category of applications and technologies for reporting, analyzing, and providing access to data to help enterprise users make better business decisions. BI applications include the activities of decision support systems, query and reporting, and online analytical processing (OLAP)." (Jim Davis & Aiman Zeid, "Business Transformation", 2014)

"A process for improving the decision-making process through enhanced data analysis." (Owen P. Hall Jr., "Teaching and Using Analytics in Management Education", 2014)

"Business intelligence is a set of theories, methodologies, architectures, and technologies that transform raw data into meaningful and useful information for business purposes."(Keith Holdaway, "Harness Oil and Gas Big Data with Analytics", 2014)

"The ability to collect, integrate, and organize the data in a way which received by the right source, at the right time, and via the right tool. It provides basic insights about the data by regenerating reports, queries, alerts, etc." (Shokoufeh Mirzaei, Defining a Business-Driven Optimization Problem, 2014) 

"The practice of reporting what has happened, analyzing contributing data to determine why it happened, and monitoring new data to determine what is happening now. It may include data summarization, visualization, and data interactions capability. Also known as descriptive analytics and reporting." (Brenda L Dietrich et al, "Analytics Across the Enterprise", 2014)

"A broad category of applications, technologies, and processes for integrated acquisition, interpretation, collation, analysis, and exploitation of data to help business users make better decisions in order to improve business operations, reduce uncertainty and apply past experience to develop an exact understanding of business dynamics." (Mandana Farzaneh et al, "Using Fuzzy Logic for Optimizing Business Intelligence Success in Multiple Investment Combinations", 2015)

"Business Intelligence, the set of tools and structures related to the management and the use of data for operational or analytical (decision-making) purposes." (Fernando Iafrate, "From Big Data to Smart Data", 2015)

"Business intelligence is a broad set of information technology (IT) solutions that includes tools for gathering, analyzing, and reporting information to the users about performance of the organization and its environment." (Anil K. Maheshwari, "Business Intelligence and Data Mining", 2015)

"Raw data derived from manufacturing and other business processes that has been organized and structured into meaningful information on which decisions can be based." (Mike Harwood, "Internet Security: How to Defend Against Attackers on the Web" 2nd Ed., 2015)

"Business intelligence is the process of delivering actionable business decisions from analytical manipulation and presentation of data within the confines of a business environment." (Ahmed Sherif, "Practical Business Intelligence", 2016)

"BI is a popularized, umbrella term that describes a set of concepts and methods used to improve business decision making by using fact-based support systems. The term is sometimes used interchangeably with briefing books and executive information systems. A Business Intelligence system is a data-driven DSS." (Daniel J Power & Ciara Heavin, "Decision Support, Analytics, and Business Intelligence" 3rd Ed., 2017)

"Umbrella term that describe a set of concepts and methods to improve business decision making by using fact-based ­decision support systems. Also, refers to a category of software tools that can be used to extract and analyze data from corporate databases." (Daniel J. Power & Ciara Heavin, "Data-Based Decision Making and Digital Transformation", 2018)

"Business intelligence is getting the right information to the right people at the right time so they can make decisions that ultimately improve performance." (Satyadhyan Chickerur et al, "Forecasting the Demand of Agricultural Crops/Commodity Using Business Intelligence Framework", 2019)

"A technological driven process for analyzing data and presenting information, in such a way that user can take immediate actions and unable decision making." (Neha Garg & Kamlesh Sharma, "Machine Learning in Text Analysis", 2020)

"A set of processes, technologies and tools comprising data warehousing, On-Line Analytical Processing, and information delivery in order to turn data into information and information into knowledge." (Nenad Stefanovic, "Big Data Analytics in Supply Chain Management", 2021)

"A catchall term encompassing a variety of tools, applications and methodologies that enable organizations to collect data from internal systems and external sources. BI can be used to prepare data for analysis, develop and run queries, and create reports, dashboards and visualizations with the end goal of providing results to decision makers and end users." (Insight Software)

"A process for analyzing data and presenting actionable insights to stakeholders in order to help them make more informed business decisions." (Solutions Review)

"A set of methodologies, processes, architectures, and technologies - supported by organizational structures, roles, and responsibilities - that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision making that contribute to improving overall enterprise performance." (Forrester)

"Encompasses the technologies, applications and practices used in the collection, integration, analysis, and presentation of business information to support better business decision-making." (Accenture)

"Uses technologies, processes, and applications to analyze mostly internal, structured data and business processes to support decision-making. Common functions are reporting, online analytical processing, analytics, data mining, process mining, complex event processing, benchmarking, text mining, predictive analytics, and prescriptive analytics." (Board International)

"The activity of taking data from source systems and turning it into valuable information for business users." (BI System Builders)

"The applications, infrastructure, tools or processes for analyzing data and presenting information to help company executives, managers and others make more informed business decisions." (KDnuggets)

"Business intelligence (BI) combines business analytics, data mining, data visualization, data tools and infrastructure, and best practices to help organizations to make more data-driven decisions." (Tableau) [source]

"Business Intelligence (BI) encompasses the technologies, applications and practices used in the collection, integration, analysis, and presentation of business information to support better business decision-making." (Accenture)

"Business intelligence (BI) includes the applications, infrastructure, tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance." (Tibco) [source]

"Business intelligence involves using software to analyze data so companies can make informed decisions." (Xplenty) [source]

"Business Intelligence (BI), is a methodology which covers the compiling, analyzing and interpreting of business data in order to make better-informed decisions. BI data tends to be put together through extensive research across a wide range of sources like industry reports, customer feedback, actual usage data of the company’s products, and competitive research." (kloudless)

"Business intelligence is actually an environment in which business users receive data that is reliable, consistent, understandable, easily manipulated and timely. With this data, business users are able to conduct analyses that yield overall understanding of where the business has been, where it is now and where it will be in the near future. Business intelligence serves two main purposes. It monitors the financial and operational health of the organization (reports, alerts, alarms, analysis tools, key performance indicators and dashboards). It also regulates the operation of the organization providing two-way integration with operational systems and information feedback analysis." (Information Management)

"BI is a broad term that encompasses data mining, process analysis, performance benchmarking, and descriptive analytics. BI parses all the data generated by a business and presents easy-to-digest reports, performance measures, and trends driving management decisions. Business intelligence addresses the needs of casual users, including executives, managers, front-line workers, customers and suppliers. It delivers reports, dashboards and scorecards that are tailored to each user’s role and populated with metrics aligned with strategic objectives and goals. This top-down style is powered by a classic data warehousing structure that consolidates enterprise data and enforces information consistency by transforming shared data into a common data model (schema) and BI semantic layer (metadata)." (Teradata) [source]

"Business intelligence is a data-driven process for analyzing and understanding how organizations work and make better decisions based on real insights. Business intelligence, or BI, has become a popular term across industries, but it is a catch-all term that encompasses various processes, tools, and methodologies that let companies capture data, analyze it, and derive better answers to key questions." (Sisense) [source]

"Business intelligence is a software-driven process allowing organizations to analyze raw data from multiple sources, extracting insights that lead to more effective business decisions.  […] While the term 'business intelligence' describes both a methodology and a category of enterprise software, the primary activity in business intelligence is data analysis. Business intelligence tools and applications correlate data about business performance and process it to determine the best course of action for a wide range of business functions." (Informatica) [source]

"Business intelligence (BI) is a technology-driven process for analyzing data and presenting actionable information which helps executives, managers and other corporate end users make informed business decisions. BI encompasses a wide variety of tools, applications and methodologies that enable organizations to collect data from internal systems and external sources, prepare it for analysis, develop and run queries against that data and create reports, dashboards and data visualizations to make the analytical results available to corporate decision-makers, as well as operational workers." (Techtarget) [source]

"Business intelligence (BI) leverages software and services to transform data into actionable insights that inform an organization’s strategic and tactical business decisions. BI tools access and analyze data sets and present analytical findings in reports, summaries, dashboards, graphs, charts and maps to provide users with detailed intelligence about the state of the business." (CIO) [source]

"Business intelligence (BI) is the collection of processes, technologies, skills, and applications used to make informed, data-driven business decisions. BI includes data collection, data aggregation, analysis, and meaningful presentation that facilitates decision-making." (Talend) [source]

"Business intelligence is the process by which enterprises use strategies and technologies for analyzing current and historical data, with the objective of improving strategic decision-making and providing a competitive advantage." (OmiSci) [source]

"[...] business intelligence is the process of collecting business data and turning it into information that is meaningful and actionable towards a strategic goal. Or put even more simply, BI is the effective use of data and information to make sound business decisions." (Logi Analytics) [source]

30 December 2014

Systems Engineering: Information Theory (Just the Quotes)

"[…] information theory is characterised essentially by its dealing always with a set of possibilities; both its primary data and its final statements are almost always about the set as such, and not about some individual element in the set." (W Ross Ashby, "An Introduction to Cybernetics", 1956)

"The general notion in communication theory is that of information. In many cases, the flow of information corresponds to a flow of energy, e. g. if light waves emitted by some objects reach the eye or a photoelectric cell, elicit some reaction of the organism or some machinery, and thus convey information." (Ludwig von Bertalanffy, "General System Theory", 1968) 

"The 'flow of information' through human communication channels is enormous. So far no theory exists, to our knowledge, which attributes any sort of unambiguous measure to this 'flow'." (Anatol Rapoport, "Modern Systems Research for the Behavioral Scientist", 1969)

"Probability plays a central role in many fields, from quantum mechanics to information theory, and even older fields use probability now that the presence of 'noise' is officially admitted. The newer aspects of many fields start with the admission of uncertainty." (Richard Hamming, "Methods of Mathematics Applied to Calculus, Probability, and Statistics", 1985)

"The field of 'information theory' began by using the old hardware paradigm of transportation of data from point to point." (Marshall McLuhan & Eric McLuhan, Laws of Media: The New Science, 1988)

"Without an understanding of causality there can be no theory of communication. What passes as information theory today is not communication at all, but merely transportation." (Marshall McLuhan & Eric McLuhan, "Laws of Media: The New Science", 1988)

"If quantum communication and quantum computation are to flourish, a new information theory will have to be developed." (Hans Christian von Baeyer, "Information, The New Language of Science", 2003)

"In fact, an information theory that leaves out the issue of noise turns out to have no content." (Hans Christian von Baeyer, "Information, The New Language of Science", 2003)

"In an information economy, entrepreneurs master the science of information in order to overcome the laws of the purely physical sciences. They can succeed because of the surprising power of the laws of information, which are conducive to human creativity. The central concept of information theory is a measure of freedom of choice. The principle of matter, on the other hand, is not liberty but limitation - it has weight and occupies space." (George Gilder, "Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World", 2013)

"Information theory leads to the quantification of the information content of the source, as denoted by entropy, the characterization of the information-bearing capacity of the communication channel, as related to its noise characteristics, and consequently the establishment of the relationship between the information content of the source and the capacity of the channel. In short, information theory provides a quantitative measure of the information contained in message signals and help determine the capacity of a communication system to transfer this information from source to sink over a noisy channel in a reliable fashion." (Ali Grami, "Information Theory", 2016)

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IT Professional with more than 24 years experience in IT in the area of full life-cycle of Web/Desktop/Database Applications Development, Software Engineering, Consultancy, Data Management, Data Quality, Data Migrations, Reporting, ERP implementations & support, Team/Project/IT Management, etc.