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

What is Data-Driven Innovation (DDI)?

Data-Driven Innovation (DDI) refers to the realization of product, service or business model innovation using data analytics and digital technologies. This approach is a critical tool for companies to make better decisions, improve customer experience, and gain competitive advantage.

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What is Dirty Data?

Dirty data refers to data that is wrong for a company. This inaccuracy not only means that the data is not correct, the correct data can also be “dirty”.

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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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