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What is process data?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Process data is data that is collected during a process. This can be inputs from external sources (e.g. sensors) or data generated during the process (e.g. results of calculations, measurement data, etc.). Process data is usually used to support process control and optimization tasks.
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What is a database?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A database is a collection of structured data stored on a computer or server, usually managed with database management system software. A database can store data in tabular, chart, or other formats and allows users to store, modify, retrieve, and analyze the data.
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What is inventory data?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Inventory data is data that contains information about a specific group of people, objects, or services. It is typically used to track and analyze trends. Inventory data can come from a variety of sources, including demographic data, sales data, contact information, and other data that describes the status of a group.
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What are quantitative methods?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Quantitative methods are methods that use numerical data to investigate problems and concepts. There are many different types of quantitative methods, including surveys, expert interviews, descriptive statistics, exploratory data analysis, structural equation modeling, causal analysis, time series processing, and more. Quantitative methods help researchers identify complex relationships between variables, understand interrelationships, and draw conclusions.
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What is symfony?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Symfony is an open source web framework for developing web applications. It enables you to develop and manage complex applications quickly and efficiently. Symfony is a structured framework that provides a unified set of rules and best practices for web application development. It supports MVC architecture, so you can easily separate your front-end and back-end code. Symfony also uses a module system that allows developers to easily extend individual functions or features. It supports the use of various databases and is compatible with a wide range of languages and frameworks.
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