Mobile Cloud Computing Glossary of Terms

Application Service Provider (ASP) Online application providers allowing business customers to rent or lease the use of e-business applications, such as auctions, catalogues, etc. Application service providers develop, supply and manage applications for their customers. Auction Dynamic means of setting prices in real time allowing multiple buyers to bid on the same competitive footing for products from individual suppliers. Automatic Proxy Bidder Mechanism used to submit bids automatically. B2A (Business-to-Administration) Used to describe Internet transactions between a company and a public body. B2B (Business-to-Business - Commerce between companies) Used to describe online transactions between a company, an institution or a public entity and another company. B2C (Business-to-Consumer) Used to describe Internet transactions between a company and individuals or consumers. Banner An advert on a Web page. Backup The procedure for making security copies of important data on a different storage medium. Benchmarking A process aimed at improving company performance by identifying key business or customer relations areas, implementing best practices and adapting lessons learnt based on own experience or observation of the activity of competing companies or organisations. Bid To offer to buy or sell a specific quantity of an article at a given price. Browser A software application used to view Web pages. The most popular browsers are Netscape Navigator and Internet Explorer. Clearing Price The price at which a bidder buys or sells an article. Clustering A group of independent systems working together as a single system. Clustering technology allows groups of servers to access a single series of disks hosting applications and data, enabling programs to run more reliably and improving performance. Collaborative Commerce Applied mainly to vertical markets, collaborative commerce helps increase the flow of information between companies and allows firms owning competing brands to merge their different sales departments. Cookie A text file used to store and transfer information between applications. Customer Relationship Management (CRM) CRM is the art of integrating every aspect of IT that relates to the customer in order to consolidate and enhance the company/customer relationship Digital Certificate Encrypted key identifying the sending computer in a secure communication. Digital Signature A means of signing documents electronically. Electronic signatures allow the recipient of data sent electronically to check the origin of the data and confirm that it is complete and unchanged. If deciphered by an unauthorised person, the digital signature will be altered and the recipient will know that the information has been tampered with. Data Mining - Data mining. Electronic Catalogue Standardised information from various sources brought together in the form of a catalogue and allowing easy comparison of similar products and services. Electronic Commerce Any form of commercial transaction involving both organisations and individuals based on the processing and transmission of data electronically, including text, sound and image. EDI, B2B, B2C, B2A, etc. all fall within this concept. E-commerce Internationally used term for electronic commerce. E-learning Any type of distance learning carried out via the Internet. E-marketplace - Electronic commerce market Internet-based technology platforms where buyers and suppliers meet to do business in real time. E-procurement Electronic procurement system allowing goods/services to be found more quickly and at greatly reduced prices. Electronic Data Interchange (EDI) EDI is a standard for computer-based information exchange. It represents an older form of electronic commerce between a buyer and its suppliers. EDI is more involved and more expensive than Internet-based commerce, accessible only to large corporations and their largest trading partners. Encryption Means of encoding information for security reasons using a series of mathematical rules based on a secret key, rendering the resultant information indecipherable. Enterprise Resource Planning (ERP) Applications used by large corporations to manage stocks and integrate primary business processes, doing away with possible organisational hurdles. An ERP system might include applications for production, orders, bills receivable, bills payable, procurement, warehousing, transport and human resources. The main developers of ERP systems are SAP, PeopleSoft, Oracle, Baan and J.D. Edwards. Ethernet A standardised means of communication used to connect personal computers, servers and printers. Extranet A private network accessible by external users via the Web, providing information such as stock lists, employee data or research. Extranets use the Internet to transmit information but a password is normally required to gain access. Firewall Hardware or software set up to monitor traffic between an internal network and an external network, preventing unauthorised outsiders from tampering with or accessing information on a networked computer system. Forward Auction Suppliers put their products and services up for auction and call on the participation of buyers. Gateway A hardware / software package allowing communication between incompatible protocols on different networks. Hacker Unauthorised individual who penetrates a computer system to gain access to or tamper with information. Hosted Outsourcing Complete outsourcing of a company's information technology applications and associated hardware systems to an ASP. Hubs Electronic platform used to co-ordinate the commerce chain and help synchronise transactions between trading partners. Hyper Text Markup Language (HTML) Standard Web language used to define the size, shape, colouring and placement of text, graphics, links to other pages on the Internet, etc., on a Web page. Hyper Text Transport Protocol (HTTP) Standard communications protocol used to connect to Web servers and transmit HTML pages to a client's browser over the Internet. Intermediary Integrates data and facilitates transactions by bringing together buyers and sellers. Internet-based intermediaries create multi-supplier and multi-product marketplaces. Internet A collection of networks and gateways using TCP/IP protocols designed for use by the general public. Internet Service Provider (ISP) A company that provides access for users and businesses to the Internet. Internetworking Sharing data and resources from one network to another. Intranet In-house site designed for the employees of a company or organisation. The pages on an intranet may be connected to the Internet and use the same communications protocols, but may not normally be accessed by external users. Java Object-oriented, platform-independent programming language. Developed by Sun Microsystems, it allows programmers to develop applications that can run on any computer or operating system. Link A word, expression, graphic or other item on a website which, when clicked, transfers the user directly to another Web page. Local Area Network (LAN) System used to connect computers and form a network, normally linked by telephone cables. A LAN connects personal computers and other electronic office equipment. Market Maker Electronic commerce solution which brings together buyers and suppliers in the same business sector. Marketplace An electronic commerce market in which buyers and sellers can do business. Modem A device for converting digital signals to analogue and vice versa, for data transmission over an analogue telephone line. MRO (Maintenance, Repair, and Operating equipment) Goods or services not allocated to a company's operations, such as office material, travel services or computers. Network Access Point (NAP) A location where ISPs exchange each other's traffic. Open Architecture Architecture compatible with the hardware or software of any manufacturer. Outsourcing The transfer of components or large segments of an organisation's internal IT infrastructure, staff, processes or applications to an external resource such as an Application Service Provider. Passwords A secret word or phrase used to validate entry to a network. Private Market A company's electronic commerce market used to do business with its customers and suppliers. These markets allow a company to tightly integrate its value chain and optimise collaboration with its suppliers and customers. Protocol A suite of conventions that allow computers to connect to each other by specifying the format, right time, sequence and error checking for data transmission. Reengineering The use of information technologies to increase productivity and reduce costs, achieved by examining the business goals of an organisation and then reconfiguring existing work and business processes. Reengineering is the result of the greater competitiveness brought about by market liberalisation, where consumers are increasingly more sophisticated and demanding. Request for Quote (RFQ) - Request for quote Request for Proposals (RFP) - Request for a proposal. Reverse Auction A type of auction in which buyers state their need for a given product or service and suppliers bid to satisfy that need. Unlike a traditional auction, prices can only fall. Router Special-purpose hardware or software package that handles the connection of two or more networks. Routers check the destination address of traffic and decide the route to send them. Scalability The ability to expand a computing solution to support large numbers of users without impacting performance. Server A network computer able to recognise and respond to requests from clients. Smart Card Credit card with an integrated microprocessor and memory chip used to identify financial transactions. When read, the card transfers data to and from a central computer. It can be programmed to self-destruct if an incorrect PIN is entered several times. As a financial transaction card, it can be topped up with digital money and used as a traveller's cheque. Supply Chain Management (SCM) Co-ordination of the processes involved in the production, transportation and distribution of products, generally with large suppliers. Transmission Control Protocol / Internet Protocol (TCP/IP) A suite of network protocols that allows computers with different architectures and operating systems to communicate with other computers on the Internet. UN/SPSC - United Nations / Standard of Products and Services Codes The UN/SPSC coding system is an open, global standard which classifies products and services in a logical manner and aims to meet the three main needs of a company: supplier identification, cost analysis and recognition of products and services. User Interface The part of an application which the user sees on the screen and with which the user works, such as menus, forms and buttons. Vertical Market Electronic commerce market used by companies operating in the same business sector in which direct goods are bought and sold. Warning A message sent out to users informing them of network limits and problems. Web (World Wide Web) An extensive information system on the Internet that allows users to access documents locally and remotely. A Web document is known as a Web page, and enables users to jump between different pages regardless of whether these are located on the same server or on another in a different part of the world. Windows Operating System developed by Microsoft. Workgroup Two or more individuals on a LAN that share files, databases or other resources. Workstation Individual personal computer connected to a network. XML (Extensible Markup Language) Emerging Web document format, more flexible than the standard HTML format. XML describes virtually any data in a document and can be used for specific applications, allowing Web pages to function as database records.

UPDATED Glossary of Terms for the Mobile Device Broker & Liquidation Pro
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Adwords: Google’s term for pay-per-click advertising.

AG: An abbreviation for the term about good, used to describe the condition of an item.

a.k.a.: An abbreviation for also known as.

A/O: An abbreviation for all original, an auction term used to describe the condition of an item. All original is best used in the auction title to save space.

as is: A term identifying auction items that are sold without warranties as to the condition of the property. Items sold without warranties may be damaged or have missing parts. See also caveat emptor.

ASAP: An abbreviation for as soon as possible.

average selling price (ASP): The average price at which an item sells, or the average price of all items sold by a particular seller in a given period. When calculating ASP, only count items that have actually been paid for; do not count sales to nonpaying bidders.

ATM: An abbreviation for at the moment.

auction: The standard selling format on eBay. A seller offers one or more items at a set starting price; buyers then visit the listing and bid on the item during an established period of time. When the disposal ends, the high bidder (or bidders) buys the item from the seller at the winning bid.

Buy It Now (BIN): The BIN option allows a seller to set a purchase price that, when selected by a Broker, ends an schedule immediately and sells the item on the spot.

BIN Rate: The percentage of items sold with BIN or any fixed-price format.

BC: An abbreviation for back cover.

DNR: A listing that starts at $1 with no reserve (Dollar no reserve)

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Below 2nd and 3rd tier common broker-liquidator (Mobile Devices) terms used in small to medium B2B sometimes "regular" consumer too: