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TARGIT Business Intelligence
TARGIT A/S is a Danish business intelligence (BI) and analytics software developer based in Aalborg, Denmark, with American subsidiary TARGIT US Inc., based in Tampa, as well as international offices. History TARGIT was founded in 1986 by Morten Sandlykke and Søren Leifsgård under the name Sandlykke & Leifsgård. The company initially sold computers and related hardware and provided business operations software to retail and oil businesses. In 1996, Sandlykke and Leifsgård acquired Morton Systems, led by Morten Middelfart. Following the acquisition, Middelfart became TARGIT's CTO, and the company began developing business intelligence (BI) tools. Middelfart was pivotal in the company's decision to purchase PALM—a BI software product designed in the US that served as the forerunner to the TARGIT Decision Suite solution. In 1999, the trio sold the hardware-focused side of the organization and rebranded their remaining business as TARGIT, a BI and analytics company. In ...
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Aktieselskab
(; abbr.: A/S or a/s, ; ) is the Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. If an A/S is owned by a holding company (typically another A/S or ApS), the profit from the production company can be transferred to the holding company and the two will be taxed as if they were one entity (''sambeskatning''; joint taxation). Both an ''aktieselskab'' (A/S) and an ''anpartselskab'' (ApS) are by definition, limited liability companies; the main difference being that only the A/S issues stock. In case of bankruptcy, creditors are not able to pursue claims towards investors who have not personally provided security. Professional credit lenders such as banks will consequently demand security for credit lend to the A/S or ApS since securitized debt are given legal preference compared to unsecured debts. In case of bankruptcy, if ...
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United States Dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ...
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Business Software
Business software (or a business application) is any software or set of computer programs used by business users to perform various business functions. These business applications are used to increase productivity, measure productivity, and perform other business functions accurately. Overview Much business software is developed to meet the needs of a specific business, and therefore is not easily transferable to a different business environment, unless its nature and operation are identical. Due to the unique requirements of each business, Off-the-shelf software, off-the-shelf software is unlikely to completely address a company's needs. However, where an on-the-shelf solution is necessary, due to time or monetary considerations, some level of customization is likely to be required. Exceptions do exist, depending on the business in question, and thorough research is always required before committing to bespoke or off-the-shelf solutions. Some business applications are interact ...
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Business Intelligence Companies
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from sole proprietors and partnerships. Corporations are separate and unique legal entities from their shareholders; as such they provide limited liability for their owners and members. Corpo ...
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Magic Quadrant
Magic Quadrant (MQ) is a series of market research reports published by research and advisory firm Gartner that rely on proprietary qualitative data analysis methods to demonstrate market trends, such as direction, maturity and participants. Their analyses are conducted for several specific technology industries and are updated every 1–2 years: once an updated report has been published, its predecessor is "retired". Rating Gartner rates vendors upon two criteria: ''completeness of vision'' and ''ability to execute''. Completeness of vision – Reflects the vendor's innovation, and whether the vendor drives or follows the market. Ability to execute – Summarizes factors such as the vendor's financial viability, market responsiveness, product development, sales channels and customer base. The two component scores lead to a vendor position in one of four quadrants: ; Leaders Vendors in the "Leaders" quadrant have the highest composite scores for their ''completeness of visio ...
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OODA
The OODA loop (observe, orient, decide, act) is a decision-making model developed by United States Air Force Colonel John Boyd (military strategist), John Boyd. He applied the concept to the combat operations process, often at the operational level during military campaigns. It is often applied to understand commercial operations and learning processes. The approach explains how agility can overcome raw power in dealing with human opponents. The OODA loop As can be seen from the diagram, the OODA loop includes continuous collection of feedback and observations. This enables late commitment, which is an important element of agility. This is in contrast to the PDCA (plan–do–check–act) cycle which requires early commitment. Use in law and business The OODA loop has become an important concept in litigation strategy, litigation, business, law enforcement, management education, military strategy and Computer security, cyber security, and cyberwarfare. According to Boyd, decis ...
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Tampa
Tampa ( ) is a city on the Gulf Coast of the United States, Gulf Coast of the U.S. state of Florida. Tampa's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. Tampa is the largest city in the Tampa Bay area and the county seat of Hillsborough County, Florida, Hillsborough County. With an estimated population of 403,364 in 2023, Tampa is the List of United States cities by population, 49th-most populous city in the country and the List of municipalities in Florida, third-most populous city in Florida after Jacksonville, Florida, Jacksonville and Miami. Tampa was founded as a military center in the 19th century, with the establishment of Fort Brooke. The cigar industry was brought to Tampa by Vicente Martinez Ybor, Vincente Martinez Ybor, after whom Ybor City is named. Tampa was reincorporated as a city in 1887 following the American Civil War, Civil War. Tampa's economy is driven by tourism, health care, finance, insurance, technology, construction ...
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Analytics
Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data, which also falls under and directly relates to the umbrella term, data science. Analytics also entails applying data patterns toward effective decision-making. It can be valuable in areas rich with recorded information; analytics relies on the simultaneous application of statistics, computer programming, and operations research to quantify performance. Organizations may apply analytics to business data to describe, predict, and improve business performance. Specifically, areas within analytics include descriptive analytics, diagnostic analytics, predictive analytics, prescriptive analytics, and cognitive analytics. Analytics may apply to a variety of fields such as marketing, management, finance, online systems, information security, and software services. Since analytics can require extensive computation (s ...
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Business Intelligence
Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. Common functions of BI technologies include Financial reporting, reporting, online analytical processing, analytics, Dashboard (business), dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, Predictive Analysis, predictive analytics, and prescriptive analytics. BI tools can handle large amounts of structured and sometimes unstructured data to help organizations identify, develop, and otherwise create new strategic business opportunities. They aim to allow for the easy interpretation of these big data. Identifying new opportunities and implementing an effective strategy based on insights is assumed to potentially provide businesses with a competitive market advantage and long-term stability, and help them take strategic decisions. Busine ...
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Aktieselskab
(; abbr.: A/S or a/s, ; ) is the Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. If an A/S is owned by a holding company (typically another A/S or ApS), the profit from the production company can be transferred to the holding company and the two will be taxed as if they were one entity (''sambeskatning''; joint taxation). Both an ''aktieselskab'' (A/S) and an ''anpartselskab'' (ApS) are by definition, limited liability companies; the main difference being that only the A/S issues stock. In case of bankruptcy, creditors are not able to pursue claims towards investors who have not personally provided security. Professional credit lenders such as banks will consequently demand security for credit lend to the A/S or ApS since securitized debt are given legal preference compared to unsecured debts. In case of bankruptcy, if ...
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Software
Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital computers in the mid-20th century. Early programs were written in the machine language specific to the hardware. The introduction of high-level programming languages in 1958 allowed for more human-readable instructions, making software development easier and more portable across different computer architectures. Software in a programming language is run through a compiler or Interpreter (computing), interpreter to execution (computing), execute on the architecture's hardware. Over time, software has become complex, owing to developments in Computer network, networking, operating systems, and databases. Software can generally be categorized into two main types: # operating systems, which manage hardware resources and provide services for applicat ...
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Aalborg
Aalborg or Ålborg ( , , ) is Denmark's List of cities and towns in Denmark, fourth largest urban settlement (behind Copenhagen, Aarhus, and Odense) with a population of 119,862 (1 July 2022) in the town proper and an Urban area, urban population of 143,598 (1 July 2022). As of 1 July 2022, the Aalborg Municipality, Municipality of Aalborg had a population of 221,082, making it the third most populous in the country after the municipalities of Copenhagen Municipality, Copenhagen (capital) and Aarhus Municipality, Aarhus. Eurostat and OECD have used a definition for the metropolitan area of Aalborg (referred to as a "functional urban area"), which includes all municipalities in the province () of North Jutland Region, North Jutland (), with a total population of 594,323 as of 1 July 2022. By road Aalborg is southwest of Frederikshavn, and north of Aarhus. The distance to Copenhagen is if travelling by road and not using ferries. The earliest settlements date to around AD  ...
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