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.
Advanced Analytics is a data analysis method that aims to gain in-depth insights using big data and advanced technologies to improve organizations' strategic decision-making processes.
Unstructured data is unfiltered information to which a fixed editing policy is not applied. It is often referred to as raw data.
Cloud computing is a system that allows you to rent your information technology infrastructure from a service provider instead of buying it.
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