Glossary

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Process Optimization

Systematic approach improving business processes for better efficiency quality.

Business Process Terms

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Process Mining

Analytical technique using event logs discover monitor improve processes.

Business Process Terms

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Predictive Analytics

Using data and algorithms forecasting future outcomes and trends.

Core AI & Machine Learning

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Pre-training

Initial phase training large language models on vast text data.

Large Language Models & Transformers

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Pre-Due Reminders

Automated notifications sent to customers before payment due dates.

BFSI & NBFC

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Predictive Modeling

Using statistical techniques machine learning forecasting future outcomes.

Analytics & Business Intelligence

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Product Lifecycle Management

Systems managing products from conception through disposal.

Consumer Durables

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Predictive Maintenance

Using data AI predicting when vehicle components need maintenance.

Automotive Industry

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Prompt

Input text or instructions given to AI models guiding response generation.

Large Language Models & Transformers

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Personalized Recommendations

AI systems suggesting services amenities experiences based on preferences.

Hospitality Industry

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Population Health Management

Using data analytics improving health outcomes for patient groups.

Healthcare AI

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Planning Algorithm

Algorithm determining sequence of actions needed achieving specific goal.

Agentic AI & Automation

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