Applications Definitions

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  • #

    121 (one-to-one)

    In Internet e-commerce, 121 is short for one-to-one, the philosophy that treating each customer as a special individual is a more successful approach than treating customers as a group of similar individuals.

  • A

    AIBO (Artificial Intelligence roBOt)

    AIBO (pronounced eye-bow) is an entertainment robot designed by Sony.

  • B

    B2B (business-to-business)

    On the internet, B2B (business-to-business), also known as e-biz, is the exchange of products, services or information (aka e-commerce) between businesses, rather than between businesses and consumers.

  • blockchain

    Blockchain is a type of distributed ledger for maintaining a permanent and tamper-proof record of transactional data.

  • Bullfighter

    Bullfighter is a software application that searches documents for jargon, overworked terms, and unnecessarily complicated sentences.

  • business process management software

    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 Modeling Notation (BPMN)

    Business Process Modeling Notation (BPMN) is a method of illustrating business processes in the form of a diagram similar to a flowchart... (Continued)

  • business technology management (BTM)

    Business technology management (BTM) is a term for a group of services intended to help businesses that might not have their own information technology (IT) department.

  • Business Transaction Protocol (BTP)

    The Business Transaction Protocol (BTP) is an XML-based protocol being developed by the Business Transactions Technical Committee (BT TC) of the Organization for the Advancement of Structured Information Standards (OASIS) as a standardized Internet-based means of managing complex, ongoing business-to-business (B2B) transactions among multiple organizations.

  • C

    California Security Breach Information Act (SB-1386)

    In the United States, the California Security Breach Information Act (SB-1386) is a California state law requiring organizations that maintain personal information about individuals to inform those individuals if the security of their information is compromised.

  • CEO (Chief Executive Officer)

    The CEO, or chief executive officer, is the top position in an organization. CEOs are responsible for executing existing plans and policies, overseeing business management and setting future strategy.

  • CFO (Chief Financial Officer)

    CFO (Chief Financial Officer) is the corporate title for the person responsible for managing the company's financial operations and strategy.

  • corportal (Corporate Portal)

    Corportal is short for "corporate portal."

  • D

    dashboard

    In information technology, a dashboard is a user interface that, somewhat resembling an automobile's dashboard, organizes and presents information in a way that is easy to read.

  • decision support system (DSS)

    A decision support system (DSS) is a computer program application that analyzes business data and presents it so that users can make business decisions more easily.

  • digital rights management (DRM)

    Digital rights management (DRM) is a systematic approach to copyright protection for digital media. (Continued)

  • 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.

  • E

    e-brokerage

    An e-brokerage is a brokerage house that allows you to buy and sell stocks and obtain investment information from its Web site.

  • E2E (exchange-to-exchange)

    On the Internet, E2E has been used to mean exchange-to-exchange - that is, the exchange of information or transactions between Web sites that themselves serve as exchanges or brokers for goods and services between businesses.

  • EBPP (electronic bill presentment and payment)

    On the Internet, electronic bill presentment and payment (EBPP) is a process that enables bills to be created, delivered, and paid over the Internet.

  • employee assistance program (EAP)

    An employee assistance program (EAP) is an arrangement between a corporation, academic institution or government agency and its employees that provides a variety of support programs for the employees... (Continued)

  • enterprise IT (enterprise-class IT)

    Enterprise IT, also known as enterprise-class IT, is hardware and software designed to meet the demands of a large organization. In comparison to consumers and small companies, an enterprise has greater requirements for availability, reliability, scalability, performance and security, among other things.

  • executive dashboard

    An executive dashboard is a computer interface that displays the key performance indicators (KPIs) that corporate officers need to effectively run an enterprise.

  • F

    FQA (frequently questioned answers)

    FQA (frequently questioned answers) are conventions or mandates scrutinized by individuals or groups who doubt their validity.

  • G

    global information infrastructure (GII)

    The global information infrastructure (GII) is the developing communications framework intended to eventually connect all telecommunications and computer networks world-wide.

  • globalization

    Globalization is the process by which ideas, goods and services spread throughout the world.

  • Government Information Awareness (GIA)

    Government Information Awareness (GIA) is a Web site dedicated to making it easy for U.S. citizens to know more about their government and is somewhat the reverse of the government's Terrorism Information Awareness (TIA) program, which aims at knowing more about its citizens.

  • H

    H-1B

    H-1B is a United States Immigration Service visa classification that permits employers to hire highly skilled foreign workers who possess theoretical and practical application of a body of specialized knowledge.

  • I

    information superhighway (infobahn)

    Information superhighway is a term that was used mainly in the 1990s to describe a national communications network that would span the United States and allow Americans to quickly access and exchange information via voice, data, video and other services.

  • Instagram

    Instagram is a free, online photo-sharing application and social network platform that was acquired by Facebook in 2012.

  • intermediary

    In general, an intermediary is a person or service that is involved as a third party between two or more end points in a communication or transaction.

  • ITSO (International Technical Support Organization)

    ITSO (International Technical Support Organization), a creation of IBM and its Lotus and Tivoli subsidiaries, provides information technology (IT) professionals and customers with technical information, assistance, guidance, and training.

  • L

    learning management system (LMS)

    A learning management system (LMS) is a software application or web-based technology used to plan, implement and assess a specific learning process.

  • localization

    Localization (sometimes shortened to "L10n") is the process of adapting a product or service to a particular language, culture and desired local "look-and-feel." The process of first enabling a product to be localized and then localizing it for different national audiences is sometimes known as product globalization.

  • M

    Microsoft Dynamics AX (Microsoft Axapta)

    Microsoft Dynamics AX is a multi-language, multi-currency, industry-specific global enterprise resource planning (ERP) software product.

  • microtargeting

    Microtargeting is (also called micro-targeting or micro-niche targeting) is a marketing strategy that uses consumer data and demographics to identify individuals or small groups of like-minded individuals and influence their thoughts or actions.

  • N

    nearshore outsourcing

    Nearshore outsourcing is the practice of getting work done or services performed by people in neighboring countries rather than in your own country.

  • NetRexx

    NetRexx, a programming language designed to be easier to learn and use than Java, combines the syntax of the Rexx language and the semantics of Java.

  • O

    ODMA (Open Document Management API or Application Program Interface)

    ODMA (Open Document Management API or Application Program Interface) is an industry standard interface for managing documents that allows users to store, retrieve, and share them with security and version control.

  • out of the box

    "Out of the box" is an expression that describes nonconformal, creative thinking.

  • P

    PunchOut

    PunchOut is an e-procurement software application from Ariba that makes it possible for a buyer to access a supplier's Web site from within the buyer's own procurement application.

  • pure play

    Pure play is a business term used to indicate a company, business model or investment focused on a particular industry, product, service or line of distribution.

  • R

    Reddit

    Reddit is a social news website and forum where content is socially curated and promoted by site members through voting.

  • What is RPA? Everything you need to know

    Robotic process automation technology is software that can be trained to mimic routine, labor-intensive tasks performed by humans.

  • S

    security audit

    A security audit is a systematic evaluation of the security of a company's information system by measuring how well it conforms to a set of established criteria.

  • shopping cart

    On a Web site that sells products or services online, the shopping cart is a common metaphor (from the original grocery store shopping cart) for the catalog or other pages where a user reads and makes selections.

  • social shopping

    Social shopping is a type of e-commerce that seeks to involve people with similar tastes in an online shopping experience.

  • software license

    A software license is a document that provides legally binding guidelines on the use and distribution of software.

  • spend management

    In an enterprise, spend management is managing how to spend money to best effect in order to build products and services.

  • spoliation

    Spoliation is the destruction, alteration, or mutilation of evidence that may pertain to legal action. (Continued)

  • sustainability risk management (SRM)

    Sustainability risk management (SRM) is a business strategy that aligns profit goals with a company's environmental policies.

  • SWIFT (Society for the Worldwide Interbank Financial Telecommunication)

    Founded in Brussels in 1973, the Society for the Worldwide Interbank Financial Telecommunication (SWIFT) is a co-operative organization dedicated to the promotion and development of standardized global interactivity for financial transactions.

  • V

    value chain

    A value chain is "a string of companies working together to satisfy market demands."

  • vertical scalability (scaling up)

    Vertical scalability is the ability to increase the capacity of existing hardware or software by adding resources - for example, adding processing power to a server to make it faster.

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