Business Glossary of terms used on this site

There are 12 entries in this glossary.
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Term Definition
BC

Business Continuity, or BC, is the aggregate activity performed by an organization, prior to any disruption or disaster, to ensure that critical business functions will be available to customers, suppliers, regulators, thus maintaining consistency, services and recoverability.

Aliases (separate with |): Business Continuity
BSS

Business Support System

CAPEX

Capital Expenditures or Capital Expenses

DR

Disaster Recovery (Planning), or DR, is the process, policies and procedures relating to the preparation for recovery or continuation of critical technology infrastructure after a human induced or natural disaster. Disaster recovery is a subset of Business Continuity, which involves the planning required to keep all aspects of a business functioning in the midst of any disruptive events, while Disaster Recovery focuses solely on the IT or technology systems that support critical to core business functions.

Aliases (separate with |): Disaster Recovery|Disaster Recovery Planning
OAM

Operations, Administration and Maintenance

SMB

Small and Medium sized businesses.

SME

Small, Medium and Enterprise sized businesses.

SoHo

A small sized office or home office.

TCO

Total Cost of Ownership

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