D - Definitions

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  • D

    data collection

    Data collection is the process of gathering data for use in business decision-making, strategic planning, research and other purposes.

  • data governance policy

    A data governance policy is a documented set of guidelines for ensuring that an organization's data and information assets are managed consistently and used properly.

  • data latency

    Data latency is the time it takes for data packets to be stored or retrieved. In business intelligence (BI), data latency is how long it takes for a business user to retrieve source data from a data warehouse or BI dashboard.

  • data monetization

    Data monetization is the act of measuring the economic benefit of corporate data.

  • data privacy (information privacy)

    Data privacy, also called information privacy, is an aspect of data protection that addresses the proper storage, access, retention, immutability and security of sensitive data.

  • data protection impact assessment (DPIA)

    A data protection impact assessment (DPIA) is a process designed to help organizations determine how data processing systems, procedures or technologies affect individuals' privacy and eliminate any risks that might violate compliance.

  • data storytelling

    Data storytelling is the process of translating data analyses into understandable terms in order to influence a business decision or action.

  • decentralized autonomous organization (DAO)

    A decentralized autonomous organization (DAO) is a management structure that uses blockchain technology to automate some aspects of voting and transaction processing.

  • decision support system (DSS)

    A decision support system (DSS) is a computer program application used to improve a company's decision-making capabilities.

  • demand shaping

    Demand shaping is an operational supply chain management (SCM) strategy where a company uses tactics such as price incentives, cost modifications and product substitutions to entice customers to purchase specific items.

  • deputy CIO (deputy chief information officer)

    Deputy CIO (chief information officer) is a role within some organizations that generally has responsibility for overseeing day-to-day information technology (IT) operations.

  • device ID (device identification)

    A device ID (device identification) is an anonymous string of numbers and letters that uniquely identifies a mobile device such as a smartphone, tablet or smartwatch.

  • digital culture

    Digital culture refers to the behaviors, practices and values that develop from the use of digital technologies.

  • digital disruption

    Digital disruption is the change that occurs when new digital technologies and business models affect the value proposition of existing goods and services.

  • digital economy

    The digital economy refers to the economic activities that emerge from connecting individuals, businesses, devices, data and operations through digital technology.

  • digital ecosystem

    A digital ecosystem is a group of interconnected information technology resources that can function as a unit.

  • digital enterprise

    A digital enterprise is an organization that uses technology as a competitive advantage in its internal and external operations.

  • digital innovation

    Digital innovation is the adoption of modern digital technologies by a business.

  • digital labor

    Digital labor is work that is performed by robotic process automation (RPA) systems.

  • digital leadership

    Digital leadership is the strategic use of a company's digital assets and emerging technologies to achieve business goals. A digital leader is a person who guides this digital approach within an organization.

  • digital platform

    A digital platform is a web-based structural software package that speeds and eases transactions among users.

  • digital process automation

    Digital process automation (DPA) uses low-code development tools to automate processes that can span multiple applications.

  • digital strategy (digital media strategy)

    A digital strategy, sometimes called a digital media strategy, is a plan for maximizing the business benefits of data assets and technology-focused initiatives.

  • disruptive innovation

    Disruptive innovation is the idea that when a product or service is introduced into an established industry and performs better and/or costs less than existing offerings, it can displace the market leaders and even transform the industry.

  • distributed ledger technology (DLT)

    Distributed ledger technology (DLT) is a digital system for recording the transaction of assets in which the transactions and their details are recorded in multiple places at the same time.

  • Dodd-Frank Act

    The Dodd-Frank Act (fully known as the Dodd-Frank Wall Street Reform and Consumer Protection Act) is a United States federal law that places regulation of the financial industry in the hands of the government.

  • dot-com bubble

    The dot-com bubble, also referred to as the Internet bubble, refers to the period between 1995 and 2000 when investors pumped money into Internet-based startups in the hopes that these fledgling companies would soon turn a profit.

  • What is digital transformation? Everything you need to know

    Digital transformation is the incorporation of computer-based technologies into an organization's products, processes and strategies.

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