Master data represents "data about the business entities that provide context for business transactions". The most commonly found categories of master data are parties (individuals and organisations, and their roles, such as customers, suppliers, employees), products, financial structures (such as ledgers and cost centres) and locational concepts. Master data should be distinguished from reference data. While both provide context for business transactions, reference data is concerned with classification and categorisation, while master data is concerned with business entities. Master data is, by its nature, almost always non-transactional in nature. There exist edge cases where an organization may need to treat certain transactional processes and operations as "master data". This arises, for example, where information about master data entities, such as customers or products, is only contained within transactional data such as orders and receipts and is not housed separately. ISO 8000 is the international standard for data quality and data portability in master data. == Alternative definition == An alternative definition of the term master data is that it represents the business objects that contain the most valuable, agreed upon information shared across an organization. In this sense, it gives context to business activities and transactions, answering questions like who, what, when and how as well as expanding the ability to make sense of these activities through categorizations, groupings and hierarchies. It can cover relatively static reference data, transactional, unstructured, analytical, hierarchical and metadata. What constitutes master data under this definition is therefore not about an essential quality of the data (e.g. it is a business entity that provides context for business transactions), but rather about the context in which the organisation has decided to treat the data. == Externally-defined master data == For most organisations, most or all master data is defined and managed within that organisation. Some master data, however, may be externally defined and managed. This represents the single source of basic business data used across a marketplace, regardless of organisation or location. Thus, it can be used by multiple enterprises within a value chain, facilitating "integration of multiple data sources and literally [putting] everyone in the market on the same page." An example of market master data is the Universal Product Code (UPC) found on consumer products. == Master data management == Curating and managing master data is key to ensuring its quality and thus fitness for purpose. All aspects of an organisation, operational and analytical, are greatly dependent on the quality of an organization's master data. Master Data is therefore the focus of the information technology (IT) discipline of master data management (MDM). Without this discipline in place, organisations commonly encounter difficulties with having multiple versions of "the truth" about a business entity, both within individual applications, and distributed across applications.
Report generator
A report generator is a computer program whose purpose is to take data from a source such as a database, XML stream or a spreadsheet, and use it to produce a document in a format which satisfies a particular human readership. Report generation functionality is almost always present in database systems, where the source of the data is the database itself. It can also be argued that report generation is part of the purpose of a spreadsheet. Standalone report generators may work with multiple data sources and export reports to different document formats. Information systems theory specifies that information delivered to a target human reader must be timely, accurate and relevant. Report generation software targets the final requirement by making sure that the information delivered is presented in the way most readily understood by the target reader. == History == An early report writer was part of NOMAD developed in the 1970s. The evolution of reporting software has a rich history dating back to the mid-20th century, driven by the increasing need for businesses to efficiently analyze and present data. Initially, manual extraction and tabulation were commonplace, but the advent of computers in the 1960s marked a transformative phase with the emergence of basic reporting tools. The 1980s saw the widespread adoption of database management systems, laying the groundwork for more sophisticated reporting capabilities. Notable dedicated reporting software, such as Crystal Reports and BusinessObjects, gained prominence in the 1990s amidst the growing demand for business intelligence. The 21st century witnessed a paradigm shift towards web-based reporting solutions and the rise of self-service BI tools, empowering users to create reports independently. Presently, reporting software continues to evolve with a focus on data visualization, integration of artificial intelligence, and the imperative for real-time analytics in decision-making.
Simulation decomposition
SimDec, or Simulation decomposition, is a hybrid uncertainty and sensitivity analysis method, for visually examining the relationships between the output and input variables of a computational model. SimDec maps multivariable scenarios onto the distribution of the model output. This visual analytics approach exposes the underlying nature of the model behavior, including its nonlinear and multivariate interaction effects. SimDec can be used in any range of science, engineering, and social domains. Existing applications include business and environmental issues. == Method == SimDec operates on Monte Carlo simulation (or measured) data where both output and input values are recorded. At least one thousand observations (or simulated iterations) are typically recommended to preserve the readability of the resulting histograms. An outline of the decomposition algorithm, which is readily available in multiple programming languages, proceeds as follows: Select the input variables for decomposition. One can use sensitivity indices (see variance-based sensitivity analysis) to define the most influential variables for decomposition or choose them manually according to the decision-problem context (for example, only those input variables that the decision-maker can act upon). Two to three input variables, ordered by decreasing value of their sensitivity indices, usually provide the most meaningful decomposition results. Divide the inputs into states. The numeric ranges of the inputs are split into several intervals with an equal number of observations in each. For categorical variables, the categories represent states. Form scenarios. All combinations of states of the selected input variables produce unique scenarios or subsets of the data. For example, if the range of X2 is divided into low, medium and high, and X3 takes values of 1 or 2, six scenarios are formed: (i) X2 low & X3 = 1, (ii) X2 low & X3 = 2, (iii) X2 medium & X3 = 1, (iv) X2 medium & X3 = 2, (v) X2 high & X3 = 1, and (vi) X2 high & X3 = 2. Assign scenarios to each output value. The simulation data is used to define the scenario index for each simulation run. For example, if an X2 value falls into the low state and X3 is equal to 2, the corresponding scenario, defined in Step 3, is (ii). Color-code the output distribution. When all output values are assigned scenario indices, they are plotted as series in a stacked histogram, visually separated by color-coding. For ease of visual perception, the states of the most influential input variable are assigned distinct colors, and all the remaining partitions take shades of those colors (see Figure). All of these steps can be run automatically on the given data using the open-source SimDec packages currently available in Python, R, Julia, and Matlab. A SimDec template in Excel runs a Monte Carlo simulation of a spreadsheet model but possesses only a manual option for input selection. == How to read SimDec == === Histogram === Histogram is an approximate representation of the distribution of numerical data. Its horizontal axis shows the range of the variable of interest, and its vertical axis denotes count, also called frequency, or, if divided by the total number of data points, probability. The distribution alone can supply only limited information about the data – its minimum, maximum, and shape (where the most of data occurs). === Judging the importance of inputs === If an input variable has no effect on the output, its states (e.g., low & high) would lie on top of each other on the SimDec histogram, occupying fully overlapping ranges of the output. If an input variable has a strong effect and explains most of the variance of the output, the border between its states on the SimDec histogram would be vertical. Such visualization has an important decision-making implication – e.g., if the high state of X can be achieved, it would guarantee a certain range of Y. All cases in-between with low-to-strong effects would show a diagonal border between the states. The less they overlap, the larger the effect of X on Y. While the horizontal displacement of sub-distributions on the SimDec histogram is the key to interpreting the results, the vertical disposition of sub-distributions is just a technical matter of the order of plotting the series of the stacked histogram. === Exploring the interaction of inputs === When two or more input variables are used for decomposition, it becomes possible to examine their joint effects. A schematic visualization portrays how different types of joint effects of input variables on the output appear on SimDec visualization. Understanding the nature of interaction effects in a computational model and its behavior in general is crucial for effective decision-making. == Limitations == The SimDec method has several limitations: It is based on Monte Carlo simulation and thus requires running a computational model a thousand of times or more. To models that take hours to evaluate once, it would be impossible to use SimDec (unless a supercomputer and/or large of time are available). SimDec is based on a histogram, thus, for binary or categorical output variables, the visualization would be very limited (e.g., only a few bins). The more input variables one selects for the decomposition, the less readable the histogram becomes. Only cases with two and three input variables are presented in.
Comet (browser)
Comet is an AI-powered web browser based on Chromium. It was released by Perplexity AI for Microsoft Windows and macOS on July 9, 2025, for Android on November 20, 2025, and for iOS on March 18, 2026. Initial access to the browser was limited to users subscribed to Perplexity's most expensive tier, with broader availability expected over time. The browser was released for free download in October 2025. == Features == Comet is integrated with Perplexity's AI-assisted search engine. The browser features an assistant which enables users to perform a variety of tasks such as generating article summaries, sending emails, or buying products. == Security concerns == Researchers at LayerX Security identified a malicious attack vector which they call CometJacking. The exploit could possibly exfiltrate a user's personal sensitive data to a remote server controlled by the attacker. LayerX attempted to responsibly disclose their findings to Comet's developer Perplexity AI in August 2025. Perplexity responded that they saw no security impact and marked the disclosure as not applicable.
Journal of Experimental and Theoretical Artificial Intelligence
The Journal of Experimental and Theoretical Artificial Intelligence is a quarterly peer-reviewed scientific journal published by Taylor and Francis. It covers all aspects of artificial intelligence and was established in 1989. The editor-in-chief is Eric Dietrich (Binghamton University), the deputy editors-in-chief are Li Pheng Khoo (School of Mechanical & Aerospace Engineering, Nanyang Technological University) and Antonio Lieto (Department of Computer Science, University of Turin). == Abstracting and indexing == The journal is abstracted and indexed in: According to the Journal Citation Reports, the journal has a 2020/2021 impact factor of 2.340 .
Artificial intelligence of things
Artificial Intelligence of Things (AIoT) is the combination of artificial intelligence (AI) technologies with the Internet of things (IoT) infrastructure to create systems capable of sensing, learning, and acting on data without continuous human intervention. While IoT focuses on connectivity and sensor data collection, AI enables IoT devices to analyse data in real time and produce actionable outputs, including automated decisions at the edge. == Applications == === Manufacturing and predictive maintenance === Manufacturing accounts for the largest share of AIoT adoption by industry vertical. A common application is predictive maintenance, where sensors measuring vibration, temperature, current draw, and acoustic emissions feed machine learning models trained to detect signatures that precede equipment failure. These systems can flag developing faults weeks or months in advance, and in more advanced deployments can autonomously adjust machine parameters such as motor speed or cooling cycles to delay or prevent failure. === Other industries === In healthcare, AIoT enables remote patient monitoring through wearable devices that collect vital signs and apply AI models to detect anomalies or predict deterioration. In logistics, GPS and telematics sensors combined with AI models support real-time route optimisation, vehicle maintenance prediction, and fuel cost forecasting. Smart building systems use occupancy, temperature, and energy sensors with AI to dynamically adjust HVAC and lighting, reducing energy consumption. == Architecture == AIoT systems typically operate across three layers: a device layer of sensors and actuators that collect data, a connectivity layer that transmits data via protocols such as MQTT or HTTP, and a compute layer where AI models process the data either in the cloud or at the edge. The trend toward edge-based processing, where inference runs on low-cost processors near the data source rather than in a centralised cloud, has accelerated as hardware costs have fallen and applications increasingly require sub-second response times. == Market == Market sizing estimates for AIoT vary significantly depending on scope and definition. Fortune Business Insights valued the AIoT market at USD 35.65 billion in 2023, projecting growth to USD 253.86 billion by 2030 at a compound annual growth rate of 32.4%. Grand View Research estimated the broader market at USD 171.4 billion in 2024 with a CAGR of 31.7% through 2030, reflecting a wider definition that includes AI-integrated hardware components. North America accounted for approximately 40% of global market share in 2024, with the Asia-Pacific region projected as the fastest-growing market.
Learning rule
An artificial neural network's learning rule or learning process is a method, mathematical logic or algorithm which improves the network's performance and/or training time. Usually, this rule is applied repeatedly over the network. It is done by updating the weight and bias levels of a network when it is simulated in a specific data environment. A learning rule may accept existing conditions (weights and biases) of the network, and will compare the expected result and actual result of the network to give new and improved values for the weights and biases. Depending on the complexity of the model being simulated, the learning rule of the network can be as simple as an XOR gate or mean squared error, or as complex as the result of a system of differential equations. The learning rule is one of the factors which decides how fast or how accurately the neural network can be developed. Depending on the process to develop the network, there are three main paradigms of machine learning: supervised learning, unsupervised learning, and reinforcement learning. == Background == A lot of the learning methods in machine learning work similar to each other, and are based on each other, which makes it difficult to classify them in clear categories. But they can be broadly understood in 4 categories of learning methods, though these categories don't have clear boundaries and they tend to belong to multiple categories of learning methods - Hebbian - Neocognitron, Brain-state-in-a-box Gradient Descent - ADALINE, Hopfield Network, Recurrent Neural Network Competitive - Learning Vector Quantisation, Self-Organising Feature Map, Adaptive Resonance Theory Stochastic - Boltzmann Machine, Cauchy Machine Though these learning rules might appear to be based on similar ideas, they do have subtle differences, as they are a generalisation or application over the previous rule, and hence it makes sense to study them separately based on their origins and intents. === Hebbian Learning === Developed by Donald Hebb in 1949 to describe biological neuron firing. In the mid-1950s it was also applied to computer simulations of neural networks. Δ w i = η x i y {\displaystyle \Delta w_{i}=\eta x_{i}y} Where η {\displaystyle \eta } represents the learning rate, x i {\displaystyle x_{i}} represents the input of neuron i, and y is the output of the neuron. It has been shown that Hebb's rule in its basic form is unstable. Oja's Rule, BCM Theory are other learning rules built on top of or alongside Hebb's Rule in the study of biological neurons. ==== Perceptron Learning Rule (PLR) ==== The perceptron learning rule originates from the Hebbian assumption, and was used by Frank Rosenblatt in his perceptron in 1958. The net is passed to the activation (transfer) function and the function's output is used for adjusting the weights. The learning signal is the difference between the desired response and the actual response of a neuron. The step function is often used as an activation function, and the outputs are generally restricted to -1, 0, or 1. The weights are updated with w new = w old + η ( t − o ) x i {\displaystyle w_{\text{new}}=w_{\text{old}}+\eta (t-o)x_{i}} where "t" is the target value and "o" is the output of the perceptron, and η {\displaystyle \eta } is called the learning rate. The algorithm converges to the correct classification if: the training data is linearly separable η {\displaystyle \eta } is sufficiently small (though smaller η {\displaystyle \eta } generally means a longer learning time and more epochs) It should also be noted that a single layer perceptron with this learning rule is incapable of working on linearly non-separable inputs, and hence the XOR problem cannot be solved using this rule alone === Backpropagation === Seppo Linnainmaa in 1970 is said to have developed the Backpropagation Algorithm but the origins of the algorithm go back to the 1960s with many contributors. It is a generalisation of the least mean squares algorithm in the linear perceptron and the Delta Learning Rule. It implements gradient descent search through the space possible network weights, iteratively reducing the error, between the target values and the network outputs. ==== Widrow-Hoff Learning (Delta Learning Rule) ==== Similar to the perceptron learning rule but with different origin. It was developed for use in the ADALINE network, which differs from the Perceptron mainly in terms of the training. The weights are adjusted according to the weighted sum of the inputs (the net), whereas in perceptron the sign of the weighted sum was useful for determining the output as the threshold was set to 0, -1, or +1. This makes ADALINE different from the normal perceptron. Delta rule (DR) is similar to the Perceptron Learning Rule (PLR), with some differences: Error (δ) in DR is not restricted to having values of 0, 1, or -1 (as in PLR), but may have any value DR can be derived for any differentiable output/activation function f, whereas in PLR only works for threshold output function Sometimes only when the Widrow-Hoff is applied to binary targets specifically, it is referred to as Delta Rule, but the terms seem to be used often interchangeably. The delta rule is considered to a special case of the back-propagation algorithm. Delta rule also closely resembles the Rescorla-Wagner model under which Pavlovian conditioning occurs. === Competitive Learning === Competitive learning is considered a variant of Hebbian learning, but it is special enough to be discussed separately. Competitive learning works by increasing the specialization of each node in the network. It is well suited to finding clusters within data. Models and algorithms based on the principle of competitive learning include vector quantization and self-organizing maps (Kohonen maps).