Glossary: Acronyms and Definitions of Key Big Data and Analytics Terms

A

ACE       Analytics Center of Excellence

AER       Accelerated External Reporting

Alerts       Notifications to one or more end users that occur when a computed value is outside a prespecified range.

AQ       Analytics Quotient

B

B2B       Business–to-business

B2C       Business-to-consumer

BI       Business intelligence

Big data       The term that refers to data that has one or more of the following dimensions, known as the four Vs: Volume, Variety, Velocity, and Veracity.

Business intelligence       The practice of reporting what has happened, analyzing contributing data to determine why it happened, and monitoring new data to determine what is happening now. It may ...

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