B - Definitions

Search Definitions
  • B

    B2B (business to business)

    B2B (business-to-business) is a type of commerce involving the exchange of products, services or information between businesses, rather than from business to consumer (B2C).

  • balanced scorecard

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

  • benchmark

    A benchmark is a standard or point of reference people can use to measure something else.

  • big data as a service (BDaaS)

    Big data as a service (BDaS) is the delivery of data platforms and tools by a cloud provider to help organizations process, manage and analyze large data sets so they can generate insights to improve business operations and gain a competitive advantage.

  • bimodal IT (bimodal information technology)

    Bimodal IT is a two-tiered IT operations model that allows for the creation of IT systems and processes that are stable and predictable as well as agile and fast.

  • blockchain

    Blockchain is a record-keeping technology designed to make it impossible to hack the system or forge the data stored on it, thereby making it secure and immutable.

  • blockchain decentralization

    Decentralization is the distribution of functions, control and information instead of being centralized in a single entity.

  • business continuity management (BCM)

    Business continuity management (BCM) is a framework for identifying an organization's risk of exposure to internal and external threats.

  • business goals

    A business goal is an endpoint, accomplishment or target an organization wants to achieve in the short term or long term.

  • business innovation

    Business innovation is an organization's process for introducing new ideas, workflows, methodologies, services or products.

  • business integration

    Business integration is a strategy whose goal is to synchronize IT and business cultures and objectives and align technology with business strategy and goals.

  • business process

    A business process is an activity or set of activities that accomplish a specific organizational goal. Business processes should have purposeful goals, be as specific as possible and produce consistent outcomes.

  • business process automation (BPA)

    Business process automation (BPA) is the use of advanced technology to complete business processes with minimal human intervention.

  • business process improvement (BPI)

    Business process improvement (BPI) is a practice in which enterprise leaders analyze their business processes to identify areas where they can improve accuracy, effectiveness and efficiency and then make changes within the processes to realize these improvements.

  • Business Process Management Initiative (BPMI)

    Established in August 2000, the Business Process Management Initiative (BPMI) is a nonprofit organization that promotes the standardization of common business processes, as a means of furthering e-business and B2B development. It has since merged with the Object Management Group (OMG).

  • business process management software (BPMS)

    Business process management software (BPMS) helps companies design, model, execute, automate and improve a set of activities and tasks that, when completed, achieve an organizational goal.

  • business process mapping

    Business process mapping is the visual display of the steps within a business process showing how it's done from start to finish.

  • Business Process Model Notation (BPMN)

    Business Process Modeling Notation (BPMN), also called Business Process Model and Notation, is an open standard to diagram a business process.

  • business process outsourcing (BPO)

    Business process outsourcing (BPO) is a business practice in which an organization contracts with an external service provider to perform an essential business function or task.

  • business process reengineering (BPR)

    Business process reengineering (BPR) is a management practice in which business processes used are radically redesigned to improve efficiency, effectiveness and performance.

  • business resilience

    Business resilience is the ability an organization has to quickly adapt to disruptions while maintaining continuous business operations and safeguarding people, assets and overall brand equity.

  • business services

    Business services refer to all services that support a company.

  • business transformation

    Business transformation is a term used to describe what happens when a company makes fundamental changes to how it operates.

  • What is business process management? A guide to BPM

    Business process management (BPM) is a structured approach to improving the processes organizations use to get work done, serve their customers and generate business value.

Cloud Computing
Mobile Computing
Data Center
Sustainability and ESG
Close