X
Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
Get free sample report

Compare Software Solutions
Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 statistical definitions and terms


Thinking Radically: Interview with Timo Elliott, SAP’s Technology Evangelist
It is hard to imagine that organizations like SAP or former Business Objects (BO)—now a division of SAP—were once start-up companies. Nowadays on the business

statistical definitions and terms  BusinessObjects? TE: I’m a statistical economist by training, but when I left school, I wanted to see the world. I ended up working on an analytics project at Shell in New Zealand, with a makeshift system including a mainframe reporting tool, exports to Lotus 1-2-3, custom macros, and a pen plotter. A few countries later, I joined Business Objects in 1991 as the eighth employee—prompted largely by the realization that the project that had taken me a month at Shell could be done in less than a day

Read More


Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Business Intelligence (BI)

Business intelligence (BI) and performance management applications enable real-time, interactive access, analysis, and manipulation of mission-critical corporate information. These applications provide users with valuable insights into key operating information to quickly identify business problems and opportunities. Users are able to access and leverage vast amounts of information to analyze relationships and understand trends that ultimately support business decisions. These tools prevent the potential loss of knowledge within the enterprise that results from massive information accumulation that is not readily accessible or in a usable form. It is an umbrella term that ties together other closely related data disciplines including data mining, statistical analysis, forecasting, and decision support. 

Evaluate Now

Documents related to » statistical definitions and terms

A Definition of Data Warehousing


There is a great deal of confusion over the meaning of data warehousing. Simply defined, a data warehouse is a place for data, whereas data warehousing describes the process of defining, populating, and using a data warehouse. Creating, populating, and querying a data warehouse typically carries an extremely high price tag, but the return on investment can be substantial. Over 95% of the Fortune 1000 have a data warehouse initiative underway in some form.

statistical definitions and terms   Read More

Making Your Supply Chain a Competitive Advantage: Implementing S&OP


Improving the supply chain is essential for any company that wants to gain or maintain a competitive edge. To do this, companies are adopting sales and operations planning (S&OP) strategies. Years ago—when the pace of market change was slow—S&OP was a nice-to-have; today it’s a business imperative! But it doesn’t have to happen overnight. By taking a five-step approach, companies can implement S&OP at their own pace.

statistical definitions and terms   Read More

Measuring the Business Value of IT


Many organizations do a poor job of measuring the business value of their IT investments. Simple financial metrics are not good enough. But there are a number of consistent, repeatable, and credible measurement methodologies that hold both business users and IT departments accountable. Compare four methodologies, and learn how adding one of them to your overall governance framework can improve your IT investment returns.

statistical definitions and terms   Read More

Reducing Operational Risk of IT Service in Finance


An overview for CIOs of the provision and management of IT services at a level that addresses the risk management issues raised by the Basel Committee's New Capital Accord expected to become effective during 2006. Because of the dependence financial institutions have on IT services, the accord requires adequate provision to assure the availability of these services. Centauri Business Service Manager is presented as the solution: one that allows a CIO to assess current risk levels, measure ongoing risk and support a process of ongoing improvement to reduce this risk. Furthermore, Centauri provides the financial institution with a cost-effective balanced scorecard to improve decision-making.

statistical definitions and terms   Read More

Teknetix Selects InfinityQS ProFicient


InfinityQS International, Inc., a provider of real-time manufacturing intelligence (MI) and enterprise quality software, today announced that Teknetix, Inc. has selected InfinityQS ProFicient to implement process control and statistical process control (SPC) methodologies to improve product quality. Based in Parkersburg, West Virginia, with a 60,000-square-foot facility, Teknetix is a provider of

statistical definitions and terms   Read More

Glossary of Enterprise Applications Terminology Part Two: Just-in-Time to Extensible Markup Language


As enterprise applications systems developed over time, a continuous stream of new terminology surfaced. This is a glossary of those terms.

statistical definitions and terms   Read More

RedPrairie and JDA Software Merger, Part Three: What Does it Mean for Manhattan Associates and Other SCM Players?


On November 1, 2012, RedPrairie Corporation and JDA Software announced their merger. Under the terms of the agreement, the entities affiliated with RedPrairie will effect a cash tender offer to acquire all outstanding shares of JDA common stock for $45 per share. My initial positive and negative thoughts on the merger were outlined in Part One of this blog series, while Part Two discussed how the

statistical definitions and terms   Read More

CRM Testing Throughout Implementation


In terms of strategic partnerships, the acquirer is responsible for judging how well customer relationship management (CRM) software will function on the equipment and at the site, and with staff, customers, and third-party applications. Acceptance testing involves three basic flavors: user acceptance, operational acceptance, and contractual acceptance. While it is not the only step involved when implementing a CRM system, testing is a fundamental way of finding information and will help you judge a system’s returns and pitfalls.

statistical definitions and terms   Read More

The Case for Business Analytics in Midsize Firms


The reality of business analytics in terms of affordability and accessibility is much different from the perception of many midsize organizations. Read this white paper and accompanying case study for the Cincinnati Zoo to learn more about solutions specifically designed to provide affordable analytics capabilities for midsize businesses.

statistical definitions and terms   Read More

Case Study: Big Lots


Big Lots, the largest closeout retailer in the United States (US), needed a way to manage vendors, and get its products to stores as quickly as possible. The company chose Inovis Partner Performance Management—an on-demand, service-oriented architecture (SOA)-based solution—as its supplier management system. Learn how this solution helped Big Lots share data with vendors, reduce errors, and improve its supply chain.

statistical definitions and terms   Read More