Glossary of Data Science and Data Analytics

What is R?

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R is an open source programming language used for statistical analysis. Includes a command-line interface and various graphical interfaces. Popular types of algorithms are linear and nonlinear modeling, time series analysis, classification, and clustering. According to Gartner research, more than 50% of data science teams currently use R to a certain capacity. The R language competes with commercial products such as SAS and Fuzzy Logix.

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Discover Glossary of Data Science and Data Analytics

What is Cluster Analysis? (Cluster Analysis)

Cluster analysis or clustering is a statistical classification technique or activity that involves grouping a set of objects or data in such a way that those contained in the same group (cluster) are similar to each other but different from those in the other group.

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What is IT? What does IT mean?

IT, or Information Technology, is a concept that encompasses all the hardware, software, networks and systems used to process, store, transmit and manage data. IT, which plays an important role in business and everyday life, forms the cornerstone of modern technological infrastructure.

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What is Supply Chain Management?

Supply chain management refers to the optimization of the flow from the supply of raw materials of a product to its production, from the logistics process to its delivery to the final customer.

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