This solution can be conveyed as a software-only application or as a cloud-based software as a service (SaaS) provided to organisations in need of contextual information that all their data points to, in other words, analytical information based on current data records.Īnomaly detection – the search for data items in a dataset that do not match a projected pattern or expected behaviour. Typically, it joins different tools and analytics systems together with an engine to execute, a database or repository to store and manage the data, data mining processes, and techniques and mechanisms for obtaining and preparing data that is not stored. Hey we may even get to “the” list of terms!ĪCID test – A test applied to data for atomicity, consistency, isolation, and durabilityĪggregation – a process of searching, gathering and presenting dataĪlgorithms – a mathematical formula that can perform certain analyses on dataĪnalytics – the discovery of insights in dataĪnalytics Platform – is a full-featured technology solution designed to address the needs of large enterprises. I know I haven’t got everything listed, so please add those that are missing in the comments section. So as an ode to my clients I put together a list of terms that they could refer to – a mighty long list too! I’m not going to say much more apart from acknowledge a few references – thanks to: Wikipedia, datafloq, Teradata, techrepublic and some I’ve even written myself! These terms were bandied about by suppliers and my clients were often left stranded on the island of confusion. For example, in one situation I implemented a predictive analytics solution, and there were many questions about specific terms such as Hadoop, R, spark etc. What occurred to me over that time, is that a lot of my clients kept asking key questions about the meaning of things within this space. Over the last year, I’ve been working with several new customers implementing strategy and capabilities for Business Intelligence and Big Data.
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