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.
Real-Time Analytics is a process that allows data to be analyzed at the moment it is collected and actions based on these analyzes are taken instantly.
A Business Continuity Plan (BCP) is a detailed document that shows how a business will continue to operate in the event of an unplanned interruption in service.
AI-Assisted Analytics is an advanced analysis method performed through the use of artificial intelligence and machine learning algorithms in data analysis processes. This technology has the ability to detect complex relationships in large datasets, identify patterns, and make predictions for the future.
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