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What is a barrier to entry?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A barrier to entry is an obstacle that prevents companies from operating in a particular market. This can be for technological, legal, financial, competitive or regulatory reasons. Some examples of barriers to entry are high entry fees, high investment requirements, high tariffs, strict regulations, patents and licenses, network effects, and brand recognition.
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What is a server?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A server is a computer or device that provides data, applications, and other resources to other computers, devices, and users. Servers typically perform critical tasks, such as hosting websites, running network services, or storing and processing databases.
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What is the Internet?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
The Internet is a worldwide network of computers that allows users to access digital content over the Internet. It is also called the network of networks, and it connects millions of computers, servers, and other devices where data, services, and other resources are available. It allows users to send emails, share files, hold online video conferences, make online purchases, visit websites, and much more.
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What is Spark-ML?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Spark ML is a collection of machine learning algorithms implemented in Apache Spark, an open source framework for Big Data analytics. Spark ML is a robust library that provides a number of different machine learning algorithms, including linear regression, logistic regression, decision trees, artificial neural networks, clustering, and more. The library provides a set of features that allow users to create and train machine learning models very quickly and accurately. Spark ML can also be used for visual analysis of machine learning models.
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What is a traffic network?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A traffic network is a virtual network that allows advertisers to play their ads on different websites. It allows advertisers to distribute different types of ads to different audiences and thus increase traffic to their websites. Traffic networks can also be used to generate more leads and increase conversion rates.
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