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Glossary / Lexicon

What is a business framework?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A business framework is a framework that helps companies develop and implement strategies and processes. It is a flexible system that helps organizations comply with industry standards, meet regulatory requirements, and achieve their goals. For example, a business framework may include a set of policies and procedures to support the development and implementation of a business plan. It may also include a guide for developing internal control policies and procedures. A business framework can help organizations identify, assess, and manage risks to ensure the success of the business.
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What is a provider?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A provider is a company that offers services such as Internet access, web hosting, web design, e-mail, voice over IP, and other communications services. A provider is also a company that provides a customer with a connection to a network or other resource.
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What is a widget?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A widget is a small, interactive element in a user interface that performs a specific function or task. It is usually a small window that contains a single function, such as a calendar, search, or clock. Widgets can be used in desktop or web applications.
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What is a hoster?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A hoster is a company that hosts websites and other content on a server. Hosting companies provide a physical connection to the Internet and manage the administration and maintenance of the servers that store their customers' content. They also provide the necessary bandwidth and storage space to store and run the content. Some hosting companies also offer additional services such as setting up email accounts and web design tools.
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What is a browser?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A browser is a software program used to view and navigate web pages. The most commonly used browsers are Google Chrome, Mozilla Firefox, Internet Explorer, and Safari.
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