Glossary of Data Science and Data Analytics

What is a Business Continuity Plan?

DATA & ANALYTIC STRATEGY ROADMAP

A Business Continuity Plan (BCP) is a detailed document that shows how a business will continue to operate in the event of an unplanned interruption in service. BCP is not just a regulatory requirement in many industries, it should be considered as a guideline that can be used to reduce the time it takes for things to return to normal. Plays an important role in the Business Flexibility of an organization

Failure to respond quickly to sudden outages such as a cyber attack can result in loss of earnings, impaired data integrity, reputational damage, civil litigation and possible punishment by regulatory authorities.

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Discover Glossary of Data Science and Data Analytics

What is Data Analysis? What are Data Analysis Methods?

Data analysis is the thorough and careful review and interpretation of data collected through a study. Data analysis then yields results that can be used to accurately answer research questions.

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What is Grok — xAI?

Grok is a product of xAI, the artificial intelligence initiative founded under the leadership of Elon Musk, and aims to make complex data analysis more understandable. Adopting the concept of “Explainable AI”, Grok aims to provide a more transparent and traceable artificial intelligence system in the decision-making processes of companies.

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What is GPT-4? How to Use

GPT-3 is a more remarkable updated version of GPT, with more creativity and image recognition, while GPT-3 is quite popular due to possibilities related to data, language, and writing.

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