Business Glossary of terms used on this site
There are 13 entries in this glossary.| 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 |
| SaaS |
Software as a Service |
| 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 |
