Glossary of Data Science and Data Analytics

What is Operational Resilience?

BIG DATA & AI

Business Flexibility is the ability of a business to continue operating in the event of an outage. Considerations for Business Flexibility are multifaceted. It covers, but is not limited to, processes, capacities, behaviors, and systems. For example, Business Flexibility is the capacity of a company to continue to supply products in the event of unforeseen disruptions in its supply chain. Equally, a company's ability to move its data in-house when its main cloud service provider faces a major outage can contribute to that company's level of Business Resilience.

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Discover Glossary of Data Science and Data Analytics

What are Bayesian Networks?

Bayesian Networks are one of the most widely used types of probabilistic graphical models. Providing effective solutions for decision making and inference under uncertainty, these networks play a critical role in artificial intelligence, machine learning and data analysis.

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What is Big Data and Why is it Important?

Big data is very large unstructured or structured data and is the most complex to analyze. For this you need advanced big data technology and big data tools that can work with large amounts of unstructured data. The amount of data collected is constantly increasing.

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What is Connection Analytics?

Connectivity analytics is an emerging discipline that helps to explore the interrelated connections and effects between people, products, processes, machines, and systems within a network by mapping these connections and continuously monitoring the interactions between them.

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