Glossary of Data Science and Data Analytics

What is Correlation Analysis?

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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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What are Low-Code Development Platforms?

Low-Code development platforms are technological platforms that enable application development with mostly visual interfaces and drag-and-drop functionality, requiring much less code writing compared to traditional manual coding methods.

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What is a Hybrid Cloud?

Hybrid cloud is a combination of on-premises and cloud usage. Whether an organization's resources include on-premises, private, public, or multi-cloud, the hybrid cloud ecosystem offers the best in the world.

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What is IT? What does IT mean?

IT, or Information Technology, is a concept that encompasses all the hardware, software, networks and systems used to process, store, transmit and manage data. IT, which plays an important role in business and everyday life, forms the cornerstone of modern technological infrastructure.

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