Glossary of Data Science and Data Analytics

What is Prescriptive Analytics?

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Predictive analysis, a type or extension of predictive analysis, is used to advise or predict certain actions when certain information states are reached or conditions are met. Algorithms use mathematical techniques and/or business rules to choose from different actions that are adapted to a specific goal (such as improving job performance) and recognize various requirements or limitations.

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Discover Glossary of Data Science and Data Analytics

What is Data Deduplication?

Today's growing volume of data has made it necessary for companies to rethink their data management and storage strategies. Data deduplication is a technique that allows copies of the same or similar data to be detected in data storage systems and stored in a single copy.

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What is Demand Forecasting?

Demand forecasts help make the right business decisions by predicting future demands for products and services. Demand forecasts cover finely detailed data, historical sales data, surveys and more.

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What are AI Agents?

AI Agents are artificial intelligence systems that can autonomously navigate complex workflows in digital environments using large language models. These systems possess the capability to plan, execute actions, and utilize various digital tools far beyond the information retrieval and content generation capabilities of traditional chatbots.

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