Glossary

What is a Competitive Advantage?

A competitive advantage is the distinct edge that allows an organisation to outperform its rivals. It can stem from superior technology, data, processes, or brand perception. In the age of Artificial Intelligence (AI), competitive advantage is increasingly driven by how…

What is an Audit Trail?

An audit trail is a chronological record of all actions, events, or transactions that occur within a system or process. It provides transparency by documenting who did what, when, and how. In data-driven environments and Artificial Intelligence (AI) systems, audit…

What is A/B Testing?

A/B testing is a controlled experiment used to compare two versions of a variable to determine which performs better. In practice, it involves testing two variants, A (the control) and B (the variation), to measure which delivers a desired outcome…

What is an Algorithm?

An algorithm is a defined set of instructions or rules that a computer follows to perform a specific task or solve a problem. In its simplest form, it is a logical sequence of steps that turns input data into a…

What is AI-as-a-Service (AIaaS)?

AI-as-a-Service (AIaaS) is a cloud-based delivery model that allows organisations to access Artificial Intelligence (AI) capabilities without building or maintaining the infrastructure themselves. It brings powerful machine learning tools, models, and APIs directly through third-party platforms, making AI accessible and…

What is AI Ethics?

AI Ethics refers to the set of principles and practices that guide the responsible development and use of Artificial Intelligence (AI) technologies. It ensures that AI systems are designed, deployed, and monitored in ways that respect human rights, minimise harm,…

What is AI Workflow Orchestration?

AI Workflow Orchestration is the process of coordinating and automating multiple artificial intelligence (AI) and machine learning (ML) tasks across systems, teams, and data environments. It ensures that every step, from data ingestion and model training to deployment and monitoring,…

What is an AI Workforce?

An AI Workforce is a digital ecosystem of intelligent systems that work alongside human teams to perform cognitive, analytical, and operational tasks. It combines automation, data analysis, and decision support to extend workforce capability and drive efficiency across an organisation.…