GLOSSARY: an insight on IoTwins tech
Artificial intelligence (AI) applies advanced analysis and logic-based techniques, including machine learning, to interpret events, support and automate decisions, and take actions.
Big data is high-volume, high-velocity and/or high-variety information assets that demand cost-effective, innovative forms of information processing that enable enhanced insight, decision making, and process automation.
Digital twin: a dynamic virtual representation of a physical object or system (infrastructure/process/machine) across its lifecycle, using real-time data to enable understanding, learning, reasoning and to forecast its behaviour
Edge Computing is a distributed computing model which brings computation and data storage closer to the location where data are collected or where it is needed, in order to improve response times and save bandwidth