Glossary

All Category
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Risk Assessment

Process evaluating potential financial risks associated with lending decisions.

BFSI & NBFC

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RPA (Robotic Process Automation)

Technology automating repetitive rule-based business processes.

Agentic AI & Automation

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Revenue Management

AI-driven strategies optimizing pricing maximizing revenue from available inventory.

Hospitality Industry

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ROI (Return on Investment)

Metric evaluating efficiency and profitability of investments.

Analytics & Business Intelligence

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Response Generation

Process by which conversational AI creates appropriate replies queries.

Conversational AI & Chatbots

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Responsive Design

Web design adapting content layout to different screen devices.

User Experience & Interface Design

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Response Time

Time it takes for system to react user request or input.

Performance & Optimization

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Reinforcement Learning

Machine learning approach agents learning optimal actions through rewards.

Core AI & Machine Learning

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Regulatory Compliance

Adherence to laws regulations standards applicable to specific industries.

Quality Assurance & Compliance

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Regression Analysis

Statistical method predicting continuous numerical values based on variables.

Core AI & Machine Learning

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Reporting

Process organizing presenting data in structured formats analysis.

Analytics & Business Intelligence

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Redundancy

Having backup systems components ensuring continued operation when failures occur.

Performance & Optimization

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