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Business intelligence terms

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big data
information assets characterized by such a high volume, velocity, and variety to require specific technology and analytical methods for its transformation into value
metadata
thumb|In the 21st century, metadata typically refers to digital forms, but traditional card catalogs contain metadata, with cards holding information about books in a library (author, title, subject, etc.).
SWOT analysis
a strategic planning technique analyzing strengths, weaknesses, opportunities, and threats faced by an organization or project
commodity
In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
knowledge economy
approach to generating value
BRIC
term for a group of four emerging national economies
focus group
small group of people whose reactions are studied in market research or political analysis
analytics
thumb|right|Traffic analysis of Wikipedia
sensitivity analysis
study of uncertainty in the output of a mathematical model or system
ABC analysis
Inventory categorization technique with three categories: "A items" with very tight control and accurate records, "B items" with less tightly controlled and good records, and "C items" with the simplest controls possible and minimal records.
material requirements planning
production planning, scheduling, and inventory control system
PIGS
derogatory acronym for the economies of Portugal, Italy, Greece and Spain
competitive intelligence
collection and analysis of business and market information from multiple sources
orchestration
automated configuration, coordination, and management of computer systems and software
quality function deployment
early stage product design and development technique
unstructured data
information without a formal data model
SIPOC
In process improvement, SIPOC or suppliers, inputs, process, outputs and customers (sometimes in the reversed order: COPIS) is a tool that summarizes the inputs and outputs of one or more business processes in table form, with each of the words forming a column in the table used in the analysis. It is used to define a business process from beginning to end before work on process improvement begins.
business performance management
processes to manage performance vs. goals
psychological pricing
Behavioral economics theory that certain prices have a psychological impact
marketing information system
Management information system supporting decision making
RevPAR
RevPAR, or revenue per available room, is a performance metric in the hotel industry that is calculated by dividing a hotel's total guestroom revenue by the room count and the number of days in the period being measured.
business reporting
meta reports produced and published by companies, i.e. financial reporting
VRIO
VRIO (value, rarity, imitability, and organization) is a business analysis framework for strategic management. As a form of internal analysis, VRIO evaluates all the resources and capabilities of a firm.
Diamond model
Description of international competitive advantage
Quantitative marketing research
subfield of Quantitative research
location intelligence
process of deriving meaningful insight from geospatial data relationships to solve a particular problem
information market
type of market
customer intelligence
gathering and analyzing customer information
Integrated business planning
type of planning strategy
uplift modelling
predictive modelling technique
Viability study
study of the profitability of a business concept which is to be converted into a business