Digital Transformation and Ecosystems

Study sheet excerpt

Digital Transformation & Data Ecosystems Revision Sheet

1. 📌 Essentials

  • Digital ecosystem: network of interconnected IT resources promoting interoperability.
  • Network effect: increased users enhance service value.
  • Data raw facts; Information: processed, meaningful data.
  • Storage hierarchy: Database (OLTP), Data Warehouse (OLAP), Data Lake.
  • Big Data Vs: Volume, Velocity, Variety, (additional Vs: Veracity, Value).
  • Analytics:criptive, Diagnostic, Predictive, Prescriptive.
  • AI hierarchy: AI > ML > DL.
  • Generative AI: produces new content based on prompts.
  • Context data: situational background enhancing understanding.
  • Tacit knowledge: experience-based, hard to articulate.
  • Explicit knowledge: documented and shareable info.
  • Sustainability issues: energy efficiency, e-waste, ethics, inclusion.

2. 🧩 Key Structures & Components

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Quiz preview

1. What is a key characteristic of a digital ecosystem?

2. What is the primary purpose of a digital ecosystem according to the revision sheet?

3. Which statement best describes the network effect in digital services?

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Flashcards preview

Storage Hierarchy — function?

Organizes data: database, warehouse, lake

Digital ecosystem — definition?

Network of interconnected IT resources.

Data — raw or processed?

Raw facts, unprocessed

Network effect — role?

More users increase service value.

Digital Ecosystem — role?

Interconnected, interoperable IT resources

Data — raw facts?

Unprocessed; information is processed data.

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The study sheet covers the essential concepts of Digital Transformation and Ecosystems. It is organized by topic to facilitate learning and memorization, with key definitions, explanations and summaries.

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The quiz contains 9 multiple-choice questions with detailed corrections and explanations for each answer. Ideal for testing your knowledge and identifying gaps.

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