Storage Hierarchy — function?
Organizes data: database, warehouse, lake
Data — raw or processed?
Raw facts, unprocessed
Digital Ecosystem — role?
Interconnected, interoperable IT resources
Digital ecosystem — definition?
Network of interconnected IT resources.
Network effect — role?
More users increase service value.
Data — raw facts?
Unprocessed; information is processed data.
Storage hierarchy levels?
Database, Data Warehouse, Data Lake.
Big Data Vs — main difference?
Volume, Velocity, Variety vary.
Analytics types?
Descriptive, Diagnostic, Predictive, Prescriptive.
AI hierarchy — tiers?
AI > ML > DL.
Answer 9 questions on Digital Transformation and Ecosystems.
1. What is a key characteristic of a digital ecosystem?
2. Which statement best describes the network effect in digital services?
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