The Business Software Alphabet

The technology field has also been rife with acronyms like any sophisticated subject. Some are useful and communicate well others tend to confuse.

Here are some of the business technology acronyms you may need to know.

B2B, Business to Business, refers to activity of business selling to other business and the software systems that facilitate this process. I went on to a B2B web site to orders some widgets.

BI, Business Intelligence, software that transforms business data into useable information. My BI alerts help to act on problems quickly.

ERP, Enterprise Resource Planning, a software system that facilitates your business process across your entire enterprise. This ERP system by Sage is really great.

CRM, Customer Relationship Management, software systems that help you manage all aspects of customer development, service and retention. My sales reps are cautious about adopting this new CRM system.

EDI, Electronic Data Interchange, an electronic system for processing transactions with large companies electronically. We could not our orders from Costco today because our EDI was down.

SaaS, Software as a Service, SaaS is the abreviation for Software as a Service and is usually pronounced as Sass. Simply stated, SaaS works like this. You rent the software instead of buying. You run the software on the provider's server not your own.

VAR, Value Added Reseller, an IT company that sell software and hardware with services to provide a complete and valuable solution. Net@Work is a great VAR.

VIP, Very Important Person, what you are when your are a Net@Work client.

VOIP, Voice over IP, a very popular method of providing telephone/voice services over the internet. We are saving a lot of money with our new VOIP system.

Here is a great website that defines most acronyms www.acronymfinder.com/