BUSINESS TECHTERMS DEFINED

Electronic Data Interchange; the secure process of electronically exchangingbusiness documents, like Purchase Orders, Invoices, ASNs, (in a pre-definedformat) between Trading Partners

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'EDI' Terms

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EDI:

Trading Partner: Participant in an ongoing business relationship

EDI TranslationSystem:

Software application used to translated the EDI format (into a format readableby humans and systems) so the data can be read and used by business peopleand processed by a company's internal management system.

CommunicationProtocol:

Communication method used to transmit data to and from Trading Partners;FTP, sFTP, AS2, VAN, Https

EDI Standard: EDI documents are sent using standard-specific formats, describing what eachpiece of information is; these standards avoid trading partners sendingdocuments back and forth using company-specific formats. Commonstandards include: ANSI ASC X12 (North American Standard), EDIFACT(International standard)

XML

VAN:

Extensible Markup Language; a markup language used to describe data. This istypically the go-to in EDI translation, since it is a format that is human andsystem-readable

Value Added Network; a private network provider to facilitate electronic datainterchange for Trading Partners; considered the "EDI post office" forincoming & outgoing documents

'BUSINESS CONTINUITY' Terms

BusinessContinuity:

Set of activities to ensure an organization can respond to a crisis or disasterin a timely manner in order to continue business operations as usual

BusinessContinuitySolution:

A software solution implemented at an organization to ensure continuous,secure data backup as well as quick restoration of data (to its former state) if adisaster or crisis strikes

Disaster/Crisis:

Downtime:

Data Backup:

Off-site Backup:

VM:

(CONT.)

Point-to-Point: Direct Connectivity; rather than having documents pass through a VAN,Trading Partners can exchange documents directly through securedcommunication protocols like FTP, sFTP, AS2, Https, etc.

AS2: Applicability Statement 2; A point-to-point connectivity method that sendsmessages across the internet using the HTTP or HTTPS protocol, withincreased verification and security

Any event that has the power to disrupt an organization's activities

A period of time that a company’s system is unavailable (or has failed toperform its normal functions)

The process of taking a secure copy of a person or company’s data files andstoring it on an external medium or device for future use in case of disaster

The backing up and storing of data to a place a distance away from acompany’s physical location

Virtual Machine; an imitation of a physical computer; basically, a VM allowsyou to run other operating systems within your current OS

Restoration:

Virtualization = The creation of a virtual version of an operating system, network, server, storage, device, etc.

The process of returning a company to its normal operations by repairinghardware & recovering data from the business’ backup methods;

RTO: Recovery Time Objective; a parameter in disaster recovery used to calculate theduration of time within which a business must be restored back to normalbefore the disruption seriously impedes business operations

[File Restore = recovery of specific files] [Bare Metal Restore = restoration of complete VM from "bare metal"(without previously installed software or OS)]

RPO: Recovery Point Objective; a parameter in disaster recovery used to calculatethe point in time that can pass during a disruption before the quantity of datalost during that period is greater than the company’s max allowable threshold