Data Management Business Glossary
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- Managed serviceA business function or service where responsibility for its running has been wholly outsourced to a third-party provider. Term details
- Master DataEntities, relationships, and attributes which are identified as critical, shared across the enterprise, and foundational to key business processes and application systems, and peripheral and(...) Term details
- Master Data ManagementThe process of achieving master data includes all the defined data management capabilities along with a process of compiling an authoritative value when sources present data variation. Term details
- MaterialityThe degree to which the use of a data element in the business process could result in a substantive impact to the financial, operational or reputational position of the organization. Term details
- MetadataData that serves to provide additional information or context about other data. Term details
- Metadata ManagementThe function that ensures the documentation, definition, and implementation of metadata. Term details
- Metadata ManagerAn individual who is responsible at the domain level to monitor the quality of the business element and data element metadata and assist with access to and application of the metadata. Term details
- ModelIn the context of Analytics, a model is a system of postulates, data, and inferences presented as a mathematical description of an entity or state of affairs. In more general contexts, a(...) Term details
- Model BiasThe tendency of a model to shape or produce results that deviate from what would be the most likely observed outcomes in the real world when faced with the same conditions as the model. This(...) Term details
- Model Documentation StandardThe specification of the information that should be documented to explain the provenance, inputs, parameter, functionality, outputs, assumptions and constraints of a model. Term details
- Model ExplainabilityMethods and techniques that enable the decisions taken within a model or algorithm to be understood and communicated. Term details
- Model OperationalizationThe activities involved in readying a model for operation in a production environment and maintaining its operation in that environment. Term details
- Multi-cloudA combination of two or more cloud environments Term details