Digital: Glossary of Terms
Term | Meaning |
---|---|
5G | “5th Generation” – the latest wireless cellular technology now being rolled out acrss the UK, which should mean much faster speeds and larger data trasnmission |
Accelerator | Provide dedicated access to expertise, mentorship, investors, finance and other support to help businesses grow |
AI | Artificial Intelligence: simulation of human intelligence in machines that are programmed to think, learn or solve problems like humans |
B2C | Businesses selling products and services directly to the consumers who are their end-users. |
Backhaul Network | The high-capacity digital network that supports the provision of local access connection to homes and businesses, and the rollout of mobile services. |
Blockchain | A digital record of transactions in which individual records are linked together in single list, called a chain, often used with cryptcurrencies such as Bitcoin |
CA | Combined Authority – led by Metro Mayor Steve Rotheram and bringing together the Liverpool City Region’s six local authorities |
CreaTech Sector | In which technology enables new forms of creativity and vice versa |
Cross-Sector Digitalisation | Helping businesses outside the digital & creative sector to adopt and apply digital technologies |
Data Ethics | The responsible and sustainable use of data |
Dig Once | Making the most of a road or path being dug up for one purpose to also do other things (e.g. install digital infrastructure) and so minimise time, cost and disruption |
Digital Adoption | Taking on board and utilising digital technologies |
Digital Inclusion | Ensuring that local people and communities have the motivation, means and/or ability to access and afford digital technology and the internet |
Digital Infrastructure | The physical means and networks – both with and without wires or fibres – by which we can connect and communicate digitally |
Digital Poverty | Inability to access digital technology or the internet because the cost of equipment or connectivity is prohibitive |
Fibre | The glass fibreoptic cables that can transfer data at much higher speeds than standard copper |
HEI | Higher Education Institution = a university |
JV | A distinct business entity created by two or more parties, generally characterised by shared ownership, returns, risks, and governance |
LAs | Local Authorities – the six that make up the Liverpool City region are Halton, Knowsley, Liverpool, Sefton, St.Helens, Wirral |
LEP | Local Enterprise Partnership: an important partner in determining local priorities and activities to drive economic growth |
Living Labs | Real or virtual environments integrating research and innovation processes to co-create new user-centred solutions to complex societal problems |
Local Loop | Local digital sub-networks that enable individual users to connect on to the main network |
Quantum Computing | A relatively new branch of computer technology based on the principles of quantum theory |
R&D | Research and Development (for creating new products or processes) |
Smart City Region | Using data and digital technologies to improve quality of life, health, environment, public services and the economy in a joined-up way across a City Region |
Smart Ticketing | A reusable, gernally card-based ticketing system used for paying for goods or services such as transport |
SME | Small to Medium-sized Enterprises, with less than 250 employees |
Social Value | Contributing to the long-term wellbeing and resilience of individuals, communities and society in general. |
STFC Hartree Centre | The Hartree Centre hosts high performance computing facilities at SciTech Daresbury, and is part of the Science and Technology Facilities Council, a sub-branch of government body UK Research & Innovation |
Tech For Good | The use of technology for social good |
Technology Diffusion | The process by which new technology is shared and adopted for use across different markets |
Testbed | A place or platform for conducting rigorous testing of new new technologies or scientific theories |
UoL | University of Liverpool |
Wayleave | A legal agreement between land owners and those who wish to access their land in order to carry out specified activities such as installing or maintaining equipment |