BI Glossary

Learn some of the most important BI terms with our business intelligence glossary

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Ad-Hoc Analysis

What is Ad-Hoc Analysis? Ad-hoc analysis is any business report or data analysis curated and created by users, as and...
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Advanced Analytics

What is Advanced Analytics? Advanced analytics is a part of data science that uses high-level met...
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Agile Analytics

What is Agile Analytics? Agile analytics is a paradigm for exploring data that focuses on finding value in...
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Augmented Analytics

What is Augmented Intelligence? Augmented intelligence is an approach that automates insight-finding by incorpo...
Hadoop Logo
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Big Data and Hadoop

Why Use Big Data and Hadoop? Hadoop handles big data that conventional IT systems cannot manage, because the data is ...
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Big Data Basics

Big Data Basics What is Big Data Analytics? Big data analytics helps businesses to get insights ...
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Big Data Security

What is Big Data Security? Big data security is the collective term for all the measures and tools used to guard both...
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Business Analytics

What is Business Analytics? Business analytics encompasses all the tools and methods organizations use to iterativel...
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Business Process Modeling

What is Business Process Modeling? Business process modeling (BPM) is the data visualization of companies’ workflo...
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Cloud Analytics

What is Cloud Analytics? Cloud analytics is a type of analytics model that moves data processing and storage operati...
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Cohort Analysis

What is Cohort Analysis? Cohort analysis is a part of behavioral analytics that examines data from large sets and bre...
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Columnar Database

What is a Columnar Database? One of the biggest challenges in business analytics is the slow performance when working...
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Contextual Data

What is Contextual Data? Contextual data is information that provides context to an event, person, or item. This dat...
preparing data for analysis
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Data Blending

What is Data Blending? Data blending is combining multiple datasets to create a single, new dataset, which can then b...
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Data Cleaning

What is Data Cleaning? Data cleaning is the process of preparing data for analysis by removing or modifying data tha...
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Data Discovery

What is Data Discovery? One of the biggest problems in business intelligence is the mismatch between those in the com...
Exploratory vs Confirmatory Analysis
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Data Exploration

What is Data Exploration? Data exploration is the initial step in data analysis, where users explore a large data s...
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Data Governance

What is data governance? Data governance is like the WHO-WHAT-HOW-WHEN-WHERE-WHY of data management. It’s all about...
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Data Intelligence

What is Data Intelligence? Data intelligence refers to all the analytical tools and methods companies employ to f...
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Data Mart

What is a Data Mart? A data mart is a subset of data stored within the overall data warehouse, for the needs of a...
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Data Mining Basics

What is Data Mining? Data mining is an automated analytical method that lets companies extract usable informat...
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Data Modeling

What is Data Modeling? Data modeling is a way of mapping out and visualizing all the different places that a software...
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Data Science Basics

What is Data Science? Data science is the multidisciplinary field that focuses on finding actionable informati...
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Data Warehouse Architecture

What is Data Warehouse Architecture? Data warehouse architecture refers to the design of an organization’s data...
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Database Security

What is Database Security? Database security is the use of a wide variety of tools to protect large virtual data stor...
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Descriptive Analytics

What is Descriptive Analytics? Descriptive analytics is a field of statistics that focuses on gathering and summariz...
embedded-analytics-OEM
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Embedded Analytics

What is Embedded Analytics? Embedded analytics is the integration of data analytics or business intelligence (BI) sof...
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Embedded Reporting

Embedded Reporting Embedded reporting refers to the method of incorporating business intelligence reporting tools such ...
d3 forced network diagram
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Entity Relationship Diagram

What is an Entity Relationship Diagram? An entity relationship diagram describes how entities relate to each other. I...
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Financial Data Management

What is Financial Data Management? Financial data management refers to the set of tools and processes companies and...
Machine Learning and Business Intelligence in Healthcare
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Healthcare Analytics Basics

What Is Healthcare Analytics? Healthcare analytics is the branch of analysis that focuses on offering insights...
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Healthcare Informatics

What is Healthcare Informatics? Healthcare informatics is the field of information engineering and analytics that f...
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In-Memory BI

WHAT IS IN-MEMORY BI? In-memory Business Intelligence (BI) refers to business intelligence software that utilizes an ...
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Interactive Visualization

What Is Interactive Visualization? Interactive visualization is a field of computer science and programming that is ...
target with arrow
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KPI Dashboard

What is a KPI Dashboard? Key Performance Indicators (KPIs) are the most important business metrics for your particula...
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KPI Tracking

What is KPI Tracking? KPI Tracking refers to all the tools and methods companies use to monitor their performance ...
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Marketing Analytics

What is Marketing Analytics? Marketing analytics refers to the technology and business intelligence tools marketers u...
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Modern Analytics

What is Modern Analytics? Modern analytics is a field of study that combines existing knowledge about analysis and ...
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OLAP

WHAT IS OLAP? OLAP (Online Analytical Processing) was introduced into the business intelligence (BI) space over 20 ye...
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Operational Intelligence

What is Operational Intelligence? Operational Intelligence is a data analytics philosophy that focuses on implementi...
Create financial reports easily
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Operational Reporting

What is Operational Reporting? Operational reporting focuses on producing detailed reports of day-to-day organizati...
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Predictive Data Analytics

What is Predictive Data Analytics? Predictive data analytics uses current and past data to let you make predictions a...
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Predictive Maintenance

What is Predictive Maintenance Predictive maintenance is the process of attempting to predict when operational equip...
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Prescriptive Analytics

What is Prescriptive Analytics? Prescriptive Analytics is the area of data analytics that focuses on finding the bes...
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Real Time Analytics

What is Real-Time Analytics? Real time analytics is the analysis of data as soon as that data becomes available. In o...
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Real Time Dashboard

What is a Real Time Dashboard? A real time dashboard is a dashboard that contains visualizations that are automatica...
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Redshift Database

What is a Redshift Database? A Redshift Database is a cloud-based, big data warehouse solution offered by Amazon. ...
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Relational Database

What is a Relational Database Management System? A relational database management system (RDBMS or just RDB) is a com...
Retail Analytics
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Retail Analytics

What is Retail Analytics? Retail analytics focuses on providing insights related to sales, inventory, customers, and ...
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Self-Service Reporting

What is Self-Service Reporting? Self-service reporting is an analytics paradigm that places the emphasis for data ana...
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Talent Analytics

What Is Talent Analytics? Talent analytics is focused on applying statistics and technology to large sets of p...
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Text Mining

What is Text Mining? Text mining is the process by which analytics suites gain actionable insights from data in th...
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Visual Data Analysis

What is Visual Data Analysis? Sometimes, data can be overwhelming. There’s too much of it, too little time to compr...