Definitions:
- Backend Development: The server-side development of a software application, including databases, servers, and APIs. Backend development involves designing and implementing the underlying architecture, logic, and functionality of an application, ensuring it can handle data processing, business logic, and communication with other systems effectively.
- Behavioral Analytics: The analysis of user behaviour data to understand and predict future actions. Behavioral analytics involves collecting and analysing data on user interactions, events, and behaviours to gain insights into user preferences, preferences, and behaviour patterns, enabling organisations to optimise user experiences, personalise marketing efforts, and improve business outcomes.
- Bias (in AI): Prejudices in the outcomes of AI algorithms due to biased data or flawed design. Bias in AI can result from various factors, such as biased training data, biased algorithms, or biased decision-making processes, leading to unfair or discriminatory outcomes that can have significant social, ethical, and legal implications.
- Big Data: Extremely large data sets that may be analysed computationally to reveal patterns, trends, and associations. Big data encompasses a wide range of data types, including structured, semi-structured, and unstructured data, and requires advanced technologies and techniques for storage, processing, and analysis.
- Blockchain: A decentralised, distributed digital ledger used to record transactions across many computers. Blockchain technology provides a secure, transparent, and tamper-proof mechanism for recording and verifying transactions, enabling trust and collaboration in decentralised networks and applications.
- Blockchain Applications: Software applications that utilise blockchain technology for secure and transparent transactions. Blockchain applications span a wide range of use cases, including cryptocurrencies, supply chain management, smart contracts, and decentralised finance (DeFi), leveraging the benefits of blockchain technology to ensure security, transparency, and trust.
- Bot Framework: A set of tools and services for building and managing chatbots. The Bot Framework provides a comprehensive platform for developing, testing, and deploying chatbots, enabling organisations to create intelligent, conversational interfaces that can interact with users through text, speech, and other modalities.
- Business Intelligence (BI): The strategies and technologies used by enterprises for the data analysis and management of business information. BI encompasses a wide range of tools, techniques, and methodologies for collecting, analysing, and visualising data to support decision-making, improve business performance, and drive strategic initiatives.
- Business Process Automation (BPA): The use of technology to automate complex business processes. BPA involves the application of software and systems to streamline, optimise, and automate business processes, reducing manual effort, improving efficiency, and enhancing overall productivity and performance.
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