B - Definitions

  • B

    backpropagation algorithm

    Backpropagation (backward propagation) is an important mathematical tool for improving the accuracy of predictions in data mining and machine learning. Essentially, backpropagation is an algorithm used to calculate derivatives quickly.

  • big data analytics

    Big data analytics is the process of examining large and varied data sets -- i.e., big data -- to uncover hidden patterns, unknown correlations, market trends, customer preferences and other useful information that can help organizations make more-informed business decisions.

  • BIRT (Business Intelligence and Reporting Tools)

    BIRT (Business Intelligence and Reporting Tools) is an open source technology platform sponsored by the Eclipse Foundation that consists of a visual report designer and a runtime component for Java and Java EE environments.

  • business analytics (BA)

    Business analytics (BA) is the practice of iterative, methodical exploration of an organization's data, with an emphasis on statistical analysis.

  • business intelligence (BI)

    Business intelligence (BI) is a technology-driven process for analyzing data and presenting actionable information to help executives, managers and other corporate end users make informed business decisions.

  • business intelligence architecture

    A business intelligence architecture is a framework for organizing the data, information management and technology components that are used to build business intelligence (BI) systems for reporting and data analytics.

  • business intelligence competency center (BICC)

    A business intelligence competency center (BICC) is a team of people that, in its most fully realized form, is responsible for managing all aspects of an organization's BI strategy, projects and systems.

  • business intelligence dashboard

    A business intelligence dashboard is a graphical interface that displays the current status of metrics and key performance indicators (KPIs) for an enterprise.

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