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What is Strategic Communication?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Strategic communication is a type of communication that is focused on a specific goal and concentrates on the development, implementation and monitoring of a communication strategy. The goal is to achieve a company's goals and objectives by establishing effective communication between the company and its target audiences. This concept is sometimes referred to as "risk management through communication" because it involves identifying, assessing and managing risks by providing clear and unambiguous information and messages to its target audiences.
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What is a Robust Estimate?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Robust estimates are statistical procedures used to reduce uncertainty in the results of analyses. They are used to minimize the risk that a coincident estimate will be applied. Robust estimates are often less sensitive to outliers than are concordant estimates, meaning that they are less prone to failure when a small number of data are unusual.
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What is a model calculation?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A model calculation is a mathematical formula used to solve a particular problem or answer a particular question. It can be used to predict a certain outcome, calculate a certain risk, make a certain decision, or demonstrate a certain behavior. Modeling can be applied in many different fields, including finance, economics, engineering, science, and computer science.
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What is mariaDB?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
MariaDB is a relational, open-source database based on an advanced variation of MySQL. It was developed as a high-performance alternative to MySQL and offers a number of security and performance improvements that reduce the risk of data loss or corruption. MariaDB is widely used by many large companies and websites. It is also a popular tool for web developers, as it is easy to use and manage.
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What is address enrichment?

12/04/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Address enrichment is the process of taking a customer's address and using it to obtain additional information about the customer. This information can include census data, lifestyle data, and more. Address enrichment can be used in many different ways, such as marketing, fraud prevention, and risk management.
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