Glossary of Data Science and Data Analytics

What is Correlation Analysis?

BIG DATA & AI

Correlation analysis refers to the application of statistical analysis and other mathematical techniques to evaluate or measure the relationships between variables. It can be used to identify the most likely set of factors that will lead to a particular outcome — such as a client responding to an offer or the performance of financial markets.

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Discover Glossary of Data Science and Data Analytics

What is RAG (Retrieval Augmented Generation)?

RAG is an artificial intelligence technique that optimizes the output quality of major language models. The system references authoritative databases other than the model's training data before generating responses.

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What is Digital Transformation? What are examples of digital transformation?

The concept of digital transformation has been supported by many industry experts since 2012, allowing companies to update their business models. Technologies such as data analytics tools, artificial intelligence and cloud computing services are contributing to the development of digital transformation in companies.

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What is an Active Data Warehouse?

Active Data Warehouse (ADW) is a combination of products, features, services, and business partnerships that support Active Business Intelligence business strategy.

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