Wiley & sas business Series



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Big Data, Big Innovation full

   Structured Data  
  Data that fi ts cleanly into a predefi ned structure. 
   Tangible Value  
  The quantifi able and measurable worth of an asset or outcome to an orga-
nization. Common examples include fi nancial improvements and saleable 
market value. 
   Team Platform  
  A centralized analytics environment based on a defi ned set of tools that 
supports a business analytics team. 
   Terabyte  
  An SI-defi ned measure of data store equal to 1,000 gigabytes. For com-
parison, a single commercial single-sided dual-layer DVD can store up to 
8.54 gigabytes. 


G L O S S A R Y


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   Time Series Analysis  
  A variety of methods that focus on analyzing time-stamped information, 
often with an emphasis on identifying relationships between events and 
outcomes as well as creating predictions. 
   Tools  
  The basic building block through which most assets are created. They can 
be internally developed or purchased off the shelf, but without an appro-
priate set of purpose-built tools, a business analytics team is unable to 
create any new assets. 

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