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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What is Data Quality?

It is difficult to make a clear definition of data quality. The truth is that your data quality is good if the data achieves its purpose of using it. For example, showing the right values on a management board to guide the organization ensures that management is also consistent and the process is managed correctly.

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What is Few-Shot Learning?

Few-shot learning is a technique that enables machine learning models to produce effective results by training them with a very small number of examples. While traditional machine learning methods require large amounts of data to achieve success, few-shot learning eliminates this requirement and provides high performance with little data.

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What is Database Shrink?

This process, known as database shrinking, is a form of compression. It is intended to reduce the overall space without interfering with the data.

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