Glossary of Data Science and Data Analytics

What is Cluster Analysis? (Cluster Analysis)

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Cluster analysis or clustering is a statistical classification technique or activity that involves grouping a set of objects or data in such a way that those contained in the same group (cluster) will be similar to each other but different from those in the other group. It is required for data mining and exploration, and is commonly used in the bioinformatics industry and other sectors within the scope of machine learning, pattern recognition, image analysis, and analyzing large datasets.

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Discover Glossary of Data Science and Data Analytics

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Real-time data analytics is the process of analyzing data at the moment or within a very short period of time and making the results available immediately

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Data mining is ultimately the process of analyzing hidden data patterns according to different perspectives for grouping useful information, collected and consolidated in common areas such as data warehouses, data mining algorithms, facilitating business decision-making, and other information requirements, in order to reduce costs and increase profits.

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