Glossary of Data Science and Data Analytics

What is Algorithm?

DATA & ANALYTIC STRATEGY ROADMAP

Algorithm is mathematical logic or a set of rules used to perform calculations. Starting with an initial input (which can be zero or unvalued), logic or rules are encoded or written into the software as a series of steps to follow to perform calculations, process data or perform other functions, resulting in an output. Google is a great example of the “search” business algorithm. The searcher enters a search (or says it out loud), and Google delivers the relevant results to the searcher using the complex algorithm.

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Discover Glossary of Data Science and Data Analytics

What is Cross-Attention?

Cross-Attention is a powerful mechanism for sharing information between different datasets or different modalities (e.g. text and image) in artificial intelligence, especially in generative AI models.

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What is Retail Analytics?

Retail analytics is the analysis of data generated by retail transactions in order to make profitable business decisions.

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What is Model Collapse?

Model collapse refers to the permanent decline in performance of productive AI models when trained with the contents produced by previous AI models. This phenomenon is reminiscent of a widely accepted principle in AI development: a model is only as good as the data on which it is trained.

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