Glossary of Data Science and Data Analytics

What is Embedded Analytics?

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It places analytics into a workflow or application at the point of need and allows users to take immediate action without having to leave the app to gain more information to make a decision. Integrated analytics can work the other way around, meaning businesses can put a workflow inside an analytics app to streamline their processes. An example of this is an analysis application that identifies the product from inventory trends and has a mechanism that allows a planner to set the rearrangement threshold within the analysis table for that product.

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Discover Glossary of Data Science and Data Analytics

What is Marketing Analytics?

Marketing Analytics is a data-driven approach used to measure, analyze, and optimize the effectiveness of marketing campaigns.

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What is Data Modeling?

Data Modelling means data analysis in its simplest form. It is one of the best ways to understand, store and manage data. It is made by data scientists and modelers.

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What is Feature Engineering?

Feature Engineering is one of the most labor-intensive and creative phases of the machine learning process. This process involves the transformation of raw data into more meaningful and processable properties. The basic principles of Feature Engineering include using domain knowledge, data discovery, understanding the nature of data, and problem-oriented thinking.

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