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 IVR (Interactive Voice Response)?

IVR is a telephone technology that interacts with callers through pre-recorded voice messages, also known as Voice Response System.

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What are Data Contracts?

Data contracts are formal agreements between the manufacturer of a data product and its consumers. These agreements clearly define the structure, format, quality criteria and conditions of use of the data.

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What is the Semantic Layer? How to Use

The Semantic Layer is an abstraction layer between data sources and users that defines and standardizes data from a business perspective.

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