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.
The word encode has meanings such as “encoding”, "encryption" or “symbolization” and basically involves the conversion of signals and data according to certain rules.
The Data Definition Language (DDL) underlying database systems is a set of commands that allow the creation, modification, and deletion of data structures.
Data-Driven Innovation (DDI) refers to the realization of product, service or business model innovation using data analytics and digital technologies. This approach is a critical tool for companies to make better decisions, improve customer experience, and gain competitive advantage.
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