Business intelligence (BI) consists of strategies and technologies used by enterprises for the data analysis and management of business information. Common functions of BI technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, predictive analytics, and prescriptive analytics.
Business performance management (BPM) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals. BMP is associated with business process management, a larger framework managing organizational processes.
Enterprise information integration (EII) is the ability to support a unified view of data and information for an entire organization. In a data virtualization application of EII, a process of information integration, using data abstraction to provide a unified interface for viewing all the data within an organization, and a single set of structures and naming conventions to represent this data; the goal of EII is to get a large set of heterogeneous data sources to appear to a user or system as a single, homogeneous data source.
Event processing is a method of tracking and analyzing (processing) streams of information (data) about things that happen (events), and deriving a conclusion from them. Complex event processing (CEP) consists of a set of concepts and techniques developed in the early 1990s for processing real-time events and extracting information from event streams as they arrive. The goal of complex event processing is to identify meaningful events in real-time situations and respond to them as quickly as possible.
Business Process Model and Notation (BPMN) is a graphical representation for specifying business processes in a business process model.
In computer information systems, a dashboard is a type of graphical user interface which often provides at-a-glance views of data relevant to a particular objective or process through a combination of visualizations and summary information. In other usage, "dashboard" is another name for "progress report" or "report" and is considered a form of data visualization.
In the fields of information technology and systems management, application performance management (APM) is the monitoring and management of the performance and availability of software applications. APM strives to detect and diagnose complex application performance problems to maintain an expected level of service. APM is "the translation of IT metrics into business meaning ."
Oracle Fusion Middleware consists of several software products from Oracle Corporation. FMW spans multiple services, including Java EE and developer tools, integration services, business intelligence, collaboration, and content management. FMW depends on open standards such as BPEL, SOAP, XML and JMS.
Real-time business intelligence (RTBI) is a concept describing the process of delivering business intelligence (BI) or information about business operations as they occur. Real time means near to zero latency and access to information whenever it is required.
Operational intelligence (OI) is a category of real-time dynamic, business analytics that delivers visibility and insight into data, streaming events and business operations. OI solutions run queries against streaming data feeds and event data to deliver analytic results as operational instructions. OI provides organizations the ability to make decisions and immediately act on these analytic insights, through manual or automated actions.
Panopticon Software was a multi-national data visualization software company specializing in monitoring and analysis of real-time data. The firm was headquartered in Stockholm, Sweden. It partnered with software companies, including SAP, Thomson Reuters, Kx Systems, and One Market Data (OneTick). The company's name is derived from the Greek: 'pan' for all, 'optic' for sight. The company name is derived from the word panopticon which is an architectural concept originally intended to facilitate surveillance of prisons.
Real-time enterprise is a concept in business systems design focused on ensuring organisational responsiveness that was popularised in the first decade of the 21st century. It is also referred to as on-demand enterprise. Such an enterprise must be able to fulfill orders as soon as they are needed, and current information is available within a company at all times. This is achieved through the use of integrated systems including ERP, CRM and SCM.
Business process management (BPM) is the discipline in which people use various methods to discover, model, analyze, measure, improve, optimize, and automate business processes. Any combination of methods used to manage a company's business processes is BPM. Processes can be structured and repeatable or unstructured and variable. Though not required, enabling technologies are often used with BPM.
Operational responsiveness is a quality of a business process or supporting IT solution, which indicates its ability to respond to changing conditions and customer interactions as they occur.
Nastel Technologies is an information technology (IT) monitoring company that sells software for Artificial Intelligent IT Operations (AIOps), monitoring and managing middleware, transaction tracking and tracing, IT Operational Analytics (ITOA), Decision Support Systems (DSS) business transaction management (BTM) and application performance management (APM).
Business-oriented architecture is an enterprise architecture approach for designing and implementing strategically aligned business models.
WorkflowGen is a web-based low-code business application creation solution developed by Advantys. As a workflow software and business process management (BPM) solution, WorkflowGen enables organizations to automate human and system-based processes via a visual interface in a low programming environment.
Apama is a complex event processing (CEP) and event stream processing (ESP) engine, developed by Software AG. Apama serves as a platform for performing streaming analytics over a range of high volume/low latency inputs and applications, such as IoT devices, financial exchanges, fraud detection, social media and similar. Users can define data patterns to listen for and actions to take when these patterns are found, which are defined in the provided domain-specific language called the Event Processing Language (EPL). The core Apama engine is written in C++; the process can also optionally contain a JVM for interacting with user created Java code. Apama focuses on high throughput, low latency and memory efficient performance; used in both Intel benchmarks and smaller machines such as the Raspberry Pi, routers and other Edge/IoT devices. It is particularly noteworthy within the CEP space as being one of the earliest projects, a long term market leader, and innovator of many patents.
Data center management is the collection of tasks performed by those responsible for managing ongoing operation of a data center. This includes Business service management and planning for the future.
In IT operations, software performance management is the subset of tools and processes in IT Operations which deals with the collection, monitoring, and analysis of performance metrics. These metrics can indicate to IT staff whether a system component is up and running (available), or that the component is behaving in an abnormal way that would impact its ability to function correctly—much like how a doctor may measure pulse, respiration, and temperature to measure how the human body is "operating". This type of monitoring originated with computer network components, but has now expanded into monitoring other components such as servers and storage devices, as well as groups of components organized to deliver specific services and Business Service Management).
