Data Warehouse

Concept Briefing:

Data warehouse is record of an enterprise's past transactional and operational information, stored in a database designed to favour efficient data analysis and reporting (especially OLAP).

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Continue reading 25.01.2007. 07:23

Data Mining

Concept Briefing:

Data Mining - DM is the nontrivial extraction of implicit, previously unknown, and potentially useful information from data and the science of extracting useful information from large data sets or databases. Although it is usually used in relation to analysis of data, data mining, like artificial intelligence, is an umbrella term and is used with varied meaning in a wide range of contexts. It is usually associated with a business or other organization's need to identify trends. Data mining is also known as knowledge-discovery in databases (KDD) and is defined as the practice of automatically searching large stores of data for patterns. To do this, data mining uses computational techniques from statistics and pattern recognition.

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25.01.2007. 07:19

Business Intelligence

Concept Briefing:

Business Intelligence - BI is a system that uses application software and other technologies to gather, store, analyze, and provide access to data. Some observers regard BI as the process of enhancing data into information and then into knowledge. The software aims to help people make "better" business decisions by making accurate, current, and relevant information available to them when they need it. Tools have been developed to ease business intelligence work, especially when the intelligence task involves gathering and analyzing large quantities of unstructured data.

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Continue reading 25.01.2007. 07:13