HRMS Terms But What Does It Mean

Here are terms that recently turned up in the realm of HRMSsoftware.

Business intelligence:
A group of software tools that provides a range of analytical capabilities, from advanced reporting to sophisticated analysis using complex algorithms.

Datamart:
A specialized repository of data, often fed from a enterprise-wide data warehouse. Specific departments or functions such as HR, finance or sales typically use it.

Data mining:
A group of analytical applications that search for patterns in a database.

Data warehouse:
A large database designed to support decision making in organizations. A data warehouse is typically batch-updated and structured for rapid online queries and managerial summaries.

Metadata:
A summary of data that exists in a data warehouse. Metadata provides the user with a directory to locate the contents of the data warehouse.

OLAP (Online Analytical Processing):
Software for manipulating multidimensional data from a variety of sources that have been stored in a data warehouse. The software can create various views and representations of the data.

DSS (Decision Support Systems):
Interactive computer-based systems which help decision makers utilize data and models to identify and solve problems.

EIS (Executive Information Systems):
A system that provides specific decision aiding and/or analysis capabilities.