Management Information Systems - Business Driven MIS

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What is the Information Age?

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The present time, during which infinite quantities of facts are widely available to anyone who can use a computer.

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What is the Internet of Things (IoT)?

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A world where interconnected Internet-enabled devices or 'things' have the ability to collect and share data without human intervention.

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What is Machine-to-Machine (M2M)?

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Refers to devices that connect directly to other devices.

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What are the core drivers of the Information Age?

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Data, Information, Business Intelligence, Knowledge.

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What is Data?

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Raw facts that describe the characteristics of an event or object.

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What is structured data?

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Data stored in a traditional system such as a relational database or spreadsheet.

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What is unstructured data?

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Data that is not defined and does not follow a specified format (e.g., videos, audio, images, social media posts).

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What is big data?

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A collection of large, complex data sets, including structured and unstructured data, which cannot be analyzed using traditional database methods and tools.

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What is a snapshot in data context?

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A view of data at a particular point in time.

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What is Information?

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Data converted into a meaningful and useful context.