Algorithm is mathematical logic or a set of rules used to perform calculations. Starting with an initial input (which can be zero or unvalued), logic or rules are encoded or written into the software as a series of steps to follow to perform calculations, process data or perform other functions, resulting in an output. Google is a great example of the “search” business algorithm. The searcher enters a search (or says it out loud), and Google delivers the relevant results to the searcher using the complex algorithm.
Cluster analysis or clustering is a statistical classification technique or activity that involves grouping a set of objects or data in such a way that those contained in the same group (cluster) are similar to each other but different from those in the other group.
Google Pub/Sub is a message-based publish-subscribe service offered by Google Cloud Platform (GCP). This system offers a reliable, asynchronous and scalable messaging infrastructure between applications.
Risk management, sometimes referred to as risk mitigation, is the process of developing a strategy to reduce certain individual risks until the aggregate risk level for an activity is reduced to an acceptable level.
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