Loosely Coupled glossaryDefinitions of terms and concepts in web services and process automationXBRL- June 27, 2005 (eXtensible Business Reporting Language) Standard format for reporting financial data. XBRL is an internationally agreed, open specification that uses XML to structure financial information for automated electronic processing. It is being adopted by major accounting standards bodies, regulators, tax authorities, banks and credit organizations around the world to streamline the reporting and analysis of statutory financial statements and other business financial information.http://looselycoupled.com/glossary/XBRL BI- June 27, 2005 (Business Intelligence) Analysis of business data. BI is the name given to a class of software tools specifically designed to aid analysis of business data. BI tools have traditionally been associated with in-depth analysis of historical transaction data, supplied by either a data warehouse or an online analytical processing (OLAP) server linked to a database system. BI has a wide range of commercial and non-commercial applications, with the most common being the analysis of patterns such as...http://looselycoupled.com/glossary/BI EII- June 10, 2005 (Enterprise Information Integration) Linking information within an enterprise. In most enterprises, information is stored in separate databases, data warehouses and applications. EII products make it possible to combine information from these different data sources on demand. They do this by establishing an intermediate data services layer that makes it possible to access the data in a standardized way, instead of having to interact directly with each separate back-end data source. Although EII.http://looselycoupled.com/glossary/EII governance- June 6, 2005 How an organization controls its actions. Governance describes the mechanisms an organization uses to ensure that its constituents follow its established processes and policies. It is the primary means of maintaining oversight and accountability in a loosely coupled organizational structure. A proper governance strategy implements systems to monitor and record what is going on, takes steps to ensure compliance with agreed policies, and provides for corrective action in cases where the rules...http://looselycoupled.com/glossary/governance |