Glossary of Data Science and Data Analytics

What is a Business Continuity Plan?

DATA & ANALYTIC STRATEGY ROADMAP

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. BCP is not just a regulatory requirement in many industries, it should be considered as a guideline that can be used to reduce the time it takes for things to return to normal. Plays an important role in the Business Flexibility of an organization

Failure to respond quickly to sudden outages such as a cyber attack can result in loss of earnings, impaired data integrity, reputational damage, civil litigation and possible punishment by regulatory authorities.

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Discover Glossary of Data Science and Data Analytics

What are Database Management Systems?

Database management system (DBMS) is software in which data is stored and managed in a secure, fast and easily accessible way.

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What are Web3 and Blockchain Data Structures?

Web3 and blockchain data structures are foundational technologies that enable data ownership and control within decentralized networks. Unlike traditional database systems, these structures distribute data across multiple network nodes instead of storing information in centralized locations.

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What is Real-Time Analytics?

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.

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