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The information explosion is the rapid increase in the amount of published information or data and the effects of this abundance. As the amount of available data grows, the problem of managing the information becomes more difficult, which can lead to information overload. The Online Oxford English Dictionary indicates use of the phrase in a March 1964 New Statesman article. The New York Times first used the phrase in its editorial content in an article by Walter Sullivan on June 7, 1964, in which he described the phrase as "much discussed". (p11.) The earliest known use of the phrase was in a speech about television by NBC president Pat Weaver at the Institute of Practitioners of Advertising in London on September 27, 1955. The speech was rebroadcast on radio station WSUI in Iowa and excerpted in the Daily Iowan newspaper two months later.
A statistician is a person who works with theoretical or applied statistics. The profession exists in both the private and public sectors.
The Information Age is a historical period that began in the mid-20th century. It is characterized by a rapid shift from traditional industries, as established during the Industrial Revolution, to an economy centered on information technology. The onset of the Information Age has been linked to the development of the transistor in 1947, the optical amplifier in 1957, and Unix time, which began on 1 January 1970. These technological advances have had a significant impact on the way information is processed and transmitted.
Chief information officer (CIO), chief digital information officer (CDIO) or information technology (IT) director, is a job title commonly given to the most senior executive in an enterprise who works with information technology and computer systems, in order to support enterprise goals.
Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis and management of business information. Common functions of business intelligence 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.
A computer scientist is a scholar who specializes in the academic study of computer science.
New media are communication technologies that enable or enhance interaction between users as well as interaction between users and content. In the middle of the 1990s, the phrase "new media" became widely used as part of a sales pitch for the influx of interactive CD-ROMs for entertainment and education. The new media technologies, sometimes known as Web 2.0, include a wide range of web-related communication tools such as blogs, wikis, online social networking, virtual worlds, and other social media platforms.
A chief technology officer (CTO) is an officer tasked with managing technical operations of an organization. They oversee and supervise research and development and serve as a technical advisor to a higher executive such as a chief executive officer.
An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The resulting financial reports can be used internally by management or externally by other interested parties including investors, creditors and tax authorities. Accounting information systems are designed to support all accounting functions and activities including auditing, financial accounting porting, -managerial/ management accounting and tax. The most widely adopted accounting information systems are auditing and financial reporting modules.
A business analyst (BA) is a person who processes, interprets and documents business processes, products, services and software through analysis of data. The role of a business analyst is to ensure business efficiency increases through their knowledge of both IT and business function.
Health technology is defined by the World Health Organization as the "application of organized knowledge and skills in the form of devices, medicines, vaccines, procedures, and systems developed to solve a health problem and improve quality of lives". This includes pharmaceuticals, devices, procedures, and organizational systems used in the healthcare industry, as well as computer-supported information systems. In the United States, these technologies involve standardized physical objects, as well as traditional and designed social means and methods to treat or care for patients.
Audit evidence is evidence obtained by auditors during a financial audit and recorded in the audit working papers.
Streaming data is data that is continuously generated by different sources. Such data should be processed incrementally using stream processing techniques without having access to all of the data. In addition, it should be considered that concept drift may happen in the data which means that the properties of the stream may change over time.
Pivot is a software application from Microsoft Live Labs that allows users to interact with and search large amounts of data. It is based on Microsoft's Seadragon. It has been described as allowing users to view the web as a web rather than as isolated pages.
Big data primarily refers to data sets that are too large or complex to be dealt with by traditional data-processing application software. Data with many entries (rows) offer greater statistical power, while data with higher complexity may lead to a higher false discovery rate. Though used sometimes loosely partly due to a lack of formal definition, the best interpretation is that it is a large body of information that cannot be comprehended when used in small amounts only.
Information capital is a concept which asserts that information has intrinsic value which can be shared and leveraged within and between organizations. Information capital connotes that sharing information is a means of sharing power, supporting personnel, and optimizing working processes. Information capital is the pieces of information which enables the exchange of Knowledge capital.
Wind Powering America (WPA) is an initiative of the United States Department of Energy (DOE) that seeks to increase the use of wind energy throughout the United States. WPA collaborates with key state and regional stakeholders, including farmers, ranchers, Native Americans, rural electric cooperatives, consumer-owned utilities, and schools to break down barriers associated with wind energy development.
Internet Plus, similar to Information Superhighway and Industry 4.0, is a concept and strategy proposed by China's prime minister Li Keqiang in his Government Work Report on March 5, 2015 so as to keep pace with the information trend. According to China's official website, "Internet plus" was on the list of significant economic keywords in 2015 and was one of the newest expressions of the two sessions of the year.
Jeffrey Michael Heer is an American computer scientist best known for his work on information visualization and interactive data analysis. He is a professor of computer science & engineering at the University of Washington, where he directs the UW Interactive Data Lab. He co-founded Trifacta with Joe Hellerstein and Sean Kandel in 2012.
A data management platform (DMP) is a software platform used for collecting and managing data. They allow businesses to identify audience segments, which can be used to target specific users and contexts in online advertising campaigns. DMPs may use big data and artificial intelligence algorithms to process and analyze large data sets about users from various sources. Some advantages of using DMPs include data organization, increased insight on audiences and markets, and effective advertisement budgeting. On the other hand, DMPs often have to deal with privacy concerns due to the integration of third-party software with private data. This technology is continuously being developed by global entities such as Nielsen and Oracle.
References
- ↑ Lohr, Steve (18 August 2014). "For Big-Data Scientists, 'Janitor Work' Is Key Hurdle to Insights". The New York Times. Retrieved 26 July 2015.
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