Digital business transformation Definitions

  • #

    99.999 (Five nines or Five 9s)

    In computers, 99.999 (often called "five 9s") refers to a desired percentage of availability of a given computer system.

  • A

    academic analytics

    Academic analytic's is the application of business intelligence (BI) tools and strategies to guide decision-making practices in educational institutions.

  • adaptive enterprise (or adaptive organization)

    An adaptive enterprise (or adaptive organization) is a corporation, institution, or agency in which the business demand and the IT (information technology) supply are matched and synchronized at all times.

  • Adobe Flash Player

    Adobe Flash Player is software used to stream and view video, audio and multimedia and Rich Internet Applications (RIA) on a computer or supported mobile device.

  • Agile business intelligence (BI)

    Agile business intelligence (BI) is a fast and flexible process that uses agile software development (ASD) methodologies to enable rapid development and allow users to efficiently adapt intelligence-based strategy to business needs.

  • Agile Manifesto

    The Agile Manifesto, also called the Manifesto for Agile Software Development, is a formal proclamation of four key values and 12  principles to guide an iterative and people-centric approach to software development. 

  • agile project management

    Agile project management is an iterative approach to planning and guiding project processes.

  • AI (Artificial Intelligence)

    Artificial intelligence is the simulation of human intelligence by machines.

  • application modernization

    Application modernization is the refactoring, re-purposing or consolidation of legacy software programming to align it more closely with current business needs. The goal of an application modernization project is to create new business value from existing applications.

  • application transformation

    Application transformation is a process that aims to assess, modernize and manage applications in an enterprise organization.

  • atom

    An atom is a particle of matter that uniquely defines achemical element.

  • audit trail

    In accounting, an audit trail is the sequence of paperwork that validates or invalidates accounting entries.

  • B

    B2C (Business2Consumer or Business-to-Consumer)

    B2C is short for business-to-consumer, or the retailing part of e-commerce on the Internet.

  • B2E (Business2Employee or Business-to-Employee)

    B2E is business-to-employee, an approach in which the focus of business is the employee, rather than the consumer (as it is in business-to-consumer, or B2C) or other businesses (as it is in business-to-business, or B2B).

  • balanced scorecard

    The balanced scorecard is a management system aimed at translating an organization's strategic goals into a set of performance objectives that, in turn, are measured, monitored and changed if necessary to ensure that the organization's strategic goals are met.

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