IT Concepts

Cryptocurrency Mining definition and concepts

Definition of the Cryptocurrency mining used to calculate and validate transactions on the blockchain. What is the Cryptocurrency Mining ? It is the process of verifying transactions on a blockchain and adding them to the public ledger in exchange for a reward in the form of a cryptocurrency. It is also known as Crypto Mining or just Mining. The first miner to solve a

IT Concepts

DBMS or Database Management System

A database management system (DBMS) is a set of hardware and software. It is a set of means that allows one or more computers or servers to store, organize and retrieve data. Firstly, a DBMS performs data storage but also manages their processing, security and integrity. The DBMS stores the information in tables where each row represents an element or object. And each column

IT Concepts

SaaS or Software as a Service

Definition of the concept of SaaS or Software as a Service. Software as a Service (SaaS) is a type of software that is hosted on the cloud and can be accessed through the internet. It is also known as “software as a service” in French. One of the advantages of using SaaS for business owners is that they do not need to purchase or

IT Concepts

Enterprise Performance Management (EPM)

EPM is a field of Business Performance Management (BPM) that considers the visibility of operations in a closed-loop model across all facets of the enterprise. Several emerging areas in the EPM domain are driven by corporate or organisational initiatives, academic and technology research and commercial approaches such as EPM solution vendors (SAP BPC, Oracle Hyperion Essbase, IBM Cognos TM1, etc.). Enterprise Performance Management (EPM)

IT Concepts

OLTP and database transactions

Definition of OLTP, that stands for On Line Transactional Processing and database transactions. The abbreviation OLTP refers to all databases designed to manage data processing in a transactional and reliable manner. This is for general operational management purposes. Examples include accounting data, supermarket sales data such as receipts and bank transactions. Definition of transactional databases or OLTP: On Line Transactional Processing First of all,

IT Concepts

Corporate Performance Management (CPM)

Corporate Performance Management or CPM guides companies in today’s information-saturated business world. Like information systems management or agile project management methods, it is a widespread concept. But it is more important than ever to have reliable information. Information that gives you confidence in the numbers at any given time. Definition of Corporate Performance Management (CPM) CPM and its software simplify and accelerate the process

IT Concepts

Ralph Kimball Data Warehouse Model

Presentation of the bottom-up Data Warehouse Model by Ralph Kimball. He is a well-known author and expert in the field of data warehouses. He is a proponent of a bottom-up approach to data warehouse design. This method is called Bottom-Up Design. As in other methods, the bottom-up approach creates data shops (Datamarts). To provide dedicated reporting and analysis capability for specific business processes. Thus,

IT Concepts

Dimension table in Data Warehousing

What is the definition of a dimension table in data warehousing models? In business intelligence, dimensions are axes of analysis. The same dimensions often come up in the same areas. A dimension is a tree, the objective is to join facts to a leaf. With this join, analysts can calculate an aggregate with a node, a branch or the whole tree. A dimension in

IT Concepts

ETL or Extract Transform Load

ETL stands for Extract, Transform, Load. It is a process used to manage data by extracting it from multiple sources. And transforming it into a format suitable for analysis and reporting, and then loading it into a destination system. ETL is a crucial step in the data management process. Indeed, it enables organizations to consolidate data from multiple sources and make it available for

IT Concepts

Business Process Management (BPM)

Business Process Management (BPM) is a global management approach. It aims to harmonise all aspects of an organisation and to improve the capture of its customers’ needs. BPM is highly customer oriented. It promotes business efficiency by focusing on innovation. But also, on flexibility and the integration of technology into business processes. BPM improves processes continuously; it is called an optimisation process. BPM enables