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Single Version Of The Truth
In computerized business management, single version of the truth (SVOT), is a technical concept describing the data warehousing ideal of having either a single centralised database, or at least a distributed synchronised database, which stores all of an organisation's data in a consistent and non-redundant form. This contrasts with the related concept of single source of truth (SSOT), which refers to a data storage principle to always source a particular piece of information from one place. Applied to message sequencing In some systems and in the context of message processing systems (often real-time systems), this term also refers to the goal of establishing a single agreed sequence of messages within a database formed by a particular but arbitrary sequencing of records. The key concept is that data combined in a certain sequence is a "truth" which may be analyzed and processed giving particular results, and that although the sequence is arbitrary (and thus another correct bu ...
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Business Intelligence
Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. Common functions of BI technologies include Financial reporting, reporting, online analytical processing, analytics, Dashboard (business), dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, Predictive Analysis, predictive analytics, and prescriptive analytics. BI tools can handle large amounts of structured and sometimes unstructured data to help organizations identify, develop, and otherwise create new strategic business opportunities. They aim to allow for the easy interpretation of these big data. Identifying new opportunities and implementing an effective strategy based on insights is assumed to potentially provide businesses with a competitive market advantage and long-term stability, and help them take strategic decisions. Busine ...
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Data Warehousing
In computing, a data warehouse (DW or DWH), also known as an enterprise data warehouse (EDW), is a system used for Business intelligence, reporting and data analysis and is a core component of business intelligence. Data warehouses are central Repository (version control), repositories of data integrated from disparate sources. They store current and historical data organized in a way that is optimized for data analysis, generation of reports, and developing insights across the integrated data. They are intended to be used by analysts and managers to help make organizational decisions. The data stored in the warehouse is uploaded from operational systems (such as marketing or sales). The data may pass through an operational data store and may require data cleansing for additional operations to ensure data quality before it is used in the data warehouse for reporting. The two main workflows for building a data warehouse system are extract, transform, load (ETL) and extract, load, ...
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Database
In computing, a database is an organized collection of data or a type of data store based on the use of a database management system (DBMS), the software that interacts with end users, applications, and the database itself to capture and analyze the data. The DBMS additionally encompasses the core facilities provided to administer the database. The sum total of the database, the DBMS and the associated applications can be referred to as a database system. Often the term "database" is also used loosely to refer to any of the DBMS, the database system or an application associated with the database. Before digital storage and retrieval of data have become widespread, index cards were used for data storage in a wide range of applications and environments: in the home to record and store recipes, shopping lists, contact information and other organizational data; in business to record presentation notes, project research and notes, and contact information; in schools as flash c ...
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Data Redundancy
In computer main memory, auxiliary storage and computer buses, data redundancy is the existence of data that is additional to the actual data and permits correction of errors in stored or transmitted data. The additional data can simply be a complete copy of the actual data (a type of repetition code), or only select pieces of data that allow detection of errors and reconstruction of lost or damaged data up to a certain level. For example, by including computed check bits, ECC memory is capable of detecting and correcting single-bit errors within each memory word, while RAID 1 combines two hard disk drives (HDDs) into a logical storage unit that allows stored data to survive a complete failure of one drive. Data redundancy can also be used as a measure against silent data corruption; for example, file systems such as Btrfs and ZFS use data and metadata checksumming in combination with copies of stored data to detect silent data corruption and repair its effects. I ...
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Single Source Of Truth
In information science and information technology, single source of truth (SSOT) architecture, or single point of truth (SPOT) architecture, for information systems is the practice of structuring information models and associated data schemas such that every data element is mastered (or edited) in only one place, providing data normalization to a canonical form (for example, in database normalization or content transclusion). There are several scenarios with respect to copies and updates: * The master data is never copied and instead only references to it are made; this means that all reads and updates go directly to the SSOT. * The master data is copied but the copies are only read and only the master data is updated; if requests to read data are only made on copies, this is an instance of CQRS. *The master data is copied and the copies are updated; this needs a reconciliation mechanism when there are concurrent updates. **Updates on copies can be thrown out whenever a co ...
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Real-time Computing
Real-time computing (RTC) is the computer science term for Computer hardware, hardware and software systems subject to a "real-time constraint", for example from Event (synchronization primitive), event to Event (computing), system response. Real-time programs must guarantee response within specified time constraints, often referred to as "deadlines".Mordechai Ben-Ari, Ben-Ari, Mordechai; "Principles of Concurrent and Distributed Programming", ch. 16, Prentice Hall, 1990, , p. 164 The term "real-time" is also used in Computer simulation, simulation to mean that the simulation's clock runs at the same speed as a real clock. Real-time responses are often understood to be in the order of milliseconds, and sometimes microseconds. A system not specified as operating in real time cannot usually ''guarantee'' a response within any timeframe, although ''typical'' or ''expected'' response times may be given. Real-time processing ''fails'' if not completed within a specified deadline rela ...
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Input/output
In computing, input/output (I/O, i/o, or informally io or IO) is the communication between an information processing system, such as a computer, and the outside world, such as another computer system, peripherals, or a human operator. Inputs are the signals or data received by the system and outputs are the signals or data sent from it. The term can also be used as part of an action; to "perform I/O" is to perform an input or output operation. are the pieces of hardware used by a human (or other system) to communicate with a computer. For instance, a keyboard or computer mouse is an input device for a computer, while monitors and printers are output devices. Devices for communication between computers, such as modems and network cards, typically perform both input and output operations. Any interaction with the system by an interactor is an input and the reaction the system responds is called the output. The designation of a device as either input or output depend ...
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Cross-cutting Concern
In aspect-oriented software development, cross-cutting concerns are aspects of a program that affect several modules, without the possibility of being encapsulated in any of them. These concerns often cannot be cleanly decomposed from the rest of the system in both the design and implementation, and can result in either ''scattering'' ( code duplication), ''tangling'' (significant dependencies between systems), or both. For instance, if writing an application for handling medical records, the indexing of such records is a core concern, while logging a history of changes to the record database or user database, or an authentication system, would be cross-cutting concerns since they interact with more parts of the program. Background Cross-cutting concerns are parts of a program that rely on or must affect many other parts of the system. They form the basis for the development of aspects. Such cross-cutting concerns do not fit cleanly into object-oriented programming or pr ...
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Closed World Assumption
The closed-world assumption (CWA), in a formal system of logic used for knowledge representation, is the presumption that a statement that is true is also known to be true. Therefore, conversely, what is not currently known to be true, is false. The same name also refers to a logical formalization of this assumption by Raymond Reiter. The opposite of the closed-world assumption is the open-world assumption (OWA), stating that lack of knowledge does not imply falsity. Decisions on CWA vs. OWA determine the understanding of the actual semantics of a conceptual expression with the same notations of concepts. A successful formalization of natural language semantics usually cannot avoid an explicit revelation of whether the implicit logical backgrounds are based on CWA or OWA. Negation as failure is related to the closed-world assumption, as it amounts to believing false every predicate that cannot be proved to be true. Example In the context of knowledge management, the closed- ...
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The Kimball Lifecycle
The Kimball lifecycle is a methodology for developing data warehouses, and has been developed by Ralph Kimball and a variety of colleagues. The methodology "covers a sequence of high level tasks for the effective design, development and deployment" of a data warehouse or business intelligence system. It is considered a "bottom-up" approach to data warehousing as pioneered by Ralph Kimball, in contrast to the older "top-down" approach pioneered by Bill Inmon. Program or project planning phase According to Ralph Kimball et al., the planning phase is the start of the lifecycle. It is a planning phase in which project is a single iteration of the lifecycle while program is the broader coordination of resources. When launching a project or program Kimball et al. suggests following three focus areas: * Defining and scoping the project * Plan the project * Manage the project Program and project management This is an ongoing discipline in the project. The purpose is to keep the ...
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Dimensional Modeling
Dimensional modeling (DM) is part of the '' Business Dimensional Lifecycle'' methodology developed by Ralph Kimball which includes a set of methods, techniques and concepts for use in data warehouse design. The approach focuses on identifying the key business processes within a business and modelling and implementing these first before adding additional business processes, as a bottom-up approach. An alternative approach from Inmon advocates a top down design of the model of all the enterprise data using tools such as entity-relationship modeling (ER). Description Dimensional modeling always uses the concepts of facts (measures), and dimensions (context). Facts are typically (but not always) numeric values that can be aggregated, and dimensions are groups of hierarchies and descriptors that define the facts. For example, sales amount is a fact; timestamp, product, register#, store#, etc. are elements of dimensions. Dimensional models are built by business process area, e.g. ...
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