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 is a Business Continuity Plan?

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.

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What is Unstructured Data?

Unstructured data is unfiltered information to which a fixed editing policy is not applied. It is often referred to as raw data.

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What is Descriptive Analytics?

Descriptive analysis is the analysis of historical data to determine what is, what has changed, and what patterns can be identified.

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