Compendium admissions 2023-25


Platforms for cloud computing



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PI Prep Kit 2023
Platforms for cloud computing
: Cloud platforms are becoming more widely available, allowing organizations and consumers to acquire access to the infrastructure they need to grow up without having to handle it all themselves.
Analytics and machine learning
: Businesses can acquire insights faster and more simply thanks to developments in machine learning and analytics, as well as access to diverse and large volumes of data stored in the cloud. The advent of these linked technologies continues to push the frontiers of IoT, and IoT data feeds these technologies as well.
Artificial intelligence (AI) and Natural-language processing (NLP)
: This enabled the development of IoT devices (such as digital personal assistants Alexa, Cortana, and Siri) due to advances in neural networks, making them more appealing, inexpensive, and feasible for home usage.


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Enterprise Resource Planning
ERP stands for "Enterprise Resource Management" which refers to the centralized process of obtaining and arranging corporate data using a software suite. ERP software consists of systems that automate business processes such as production, sales quoting, and accounting, among others. ERP streamlines business operations across different departments. ERP solutions help businesses manage their resources better, whether it's raw materials for production or resource staffing hours.
Types of ERP
Any ERP software that is installed directly in-house is referred to as on-premises ERP. These solutions are intended for enterprises of all sizes, but they maybe better suitable for small and medium-sized organizations.
Open-Source ERP,
like any other open-source software, allows for the inspection, alteration, and improving a business's ERP source code. Using an open-source ERP allows the organization to tailor the application to their specific needs.

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