Tustin Recruiting - Glossary

A glossary of terms related to industries we recruit for.

Absorption Rate

The rate at which available homes are sold in a specific real estate market over a given time period ...

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Accessorial Charges

Additional fees applied to a freight shipment for services such as liftgate use, inside delivery, or ...

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Activation Rate

Activation Rate measures the percentage of new users who complete key onboarding actions, indicating ...

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ACV

Annual Contract Value (ACV) represents the average yearly revenue generated from a contract, excludi ...

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Angular

A TypeScript-based front-end framework developed by Google for building web applications.

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API Gateway

A cloud service that manages and secures API requests between clients and backend services.

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API Proficiency

A candidate’s experience designing, building, and integrating APIs to connect different services and ...

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ARR

Annual Recurring Revenue (ARR) represents the total expected revenue from subscriptions over a full ...

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ASP.NET

A web framework developed by Microsoft for building dynamic web applications using C#.

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Authentication & Authorization

Experience implementing user authentication and access control using OAuth, JWT, or session-based sy ...

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Bare-Metal Programming

Developing embedded software without an operating system to achieve high performance and low latency ...

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Bill of Lading (BOL)

A legal document that outlines the details of a shipment, including origin, destination, and cargo t ...

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Blue-Green Deployment

A deployment strategy that maintains two identical environments to minimize downtime and risk.

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Bootloader

A small program that initializes the hardware and loads the embedded operating system.

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Break-Even Analysis

A calculation that determines how many procedures need to be performed before a hospital recoups the ...

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Bug Bounty Programs

Programs where ethical hackers are rewarded for finding and reporting security vulnerabilities.

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CAC

Customer Acquisition Cost (CAC) is the total cost of acquiring a new customer, including marketing a ...

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CAN Bus

A robust vehicle networking protocol used for communication between embedded systems in automobiles.

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Cap Rate

Capitalization rate, a metric used to evaluate the return on investment for income-producing propert ...

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Capital Equipment Sales

High-cost, long-term medical devices that require large hospital investments, such as MRI machines o ...

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Chaos Engineering

A testing practice that simulates failures to improve system resilience and fault tolerance.

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Charge Capture

The process of ensuring that hospitals properly bill for medical devices used in procedures.

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Churn Rate

Churn Rate measures the percentage of customers who cancel their subscriptions within a given period ...

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Clinical Adoption

The rate at which physicians and healthcare providers integrate a new medical device into their prac ...

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Cloud Cost Optimization

Strategies used to reduce cloud expenses while maintaining performance and availability.

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Cloud-Native Security

Security practices designed specifically for cloud-based applications and services.

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Cloud Orchestration

Automating the management and coordination of complex cloud environments across multiple services.

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Cloud Security Posture Management (CSPM)

A system that continuously monitors cloud infrastructure for security risks and compliance violation ...

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Code Review Standards

A candidate’s ability to follow and contribute to best practices during peer code reviews.

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Codebase Familiarity

A candidate’s ability to quickly understand and navigate an existing codebase to make contributions.

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Conforming Loan Limit

The maximum loan amount that can be backed by Fannie Mae or Freddie Mac under federal lending guidel ...

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Consumables Revenue

Ongoing revenue generated from disposable or limited-use components of medical devices, such as cath ...

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Container Registry

A centralized storage system for managing and distributing container images.

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Container Security

Protecting containerized applications from security threats at runtime and during deployment.

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Containerization Skills

Experience using Docker or Kubernetes to create and manage containerized applications.

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Continuous Deployment (CD)

An automated release process that pushes code changes into production without manual intervention.

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Continuous Integration (CI)

The practice of automatically testing and merging code changes into a shared repository.

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Cross-Docking

A logistics practice where incoming shipments are directly transferred to outbound transport with mi ...

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Cross-sell

Cross-selling involves offering complementary products or services to existing customers to maximize ...

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Cryptographic Hashing

A process that converts data into a fixed-size hash value to ensure data integrity.

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Customer Expansion Rate

Customer Expansion Rate reflects revenue growth from existing customers through upgrades, add-ons, a ...

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Customer Health Score

Customer Health Score is a metric used to predict customer retention and expansion based on engageme ...

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Customer Payback Period

Customer Payback Period is the time it takes to recover the cost of acquiring a customer through the ...

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Data Loss Prevention (DLP)

A security strategy to prevent sensitive data from being leaked, lost, or accessed by unauthorized u ...

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Database Optimization

The ability to design efficient database schemas and queries for high-performance applications.

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Deadhead Percentage

The percentage of miles driven by a truck without carrying freight, impacting profitability.

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Deal Size

Deal Size refers to the average revenue generated per closed sale, influencing overall sales perform ...

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Debt-Service Coverage Ratio (DSCR)

A financial metric used by lenders to determine if a property’s income is sufficient to cover its lo ...

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Demo Conversion Rate

Demo Conversion Rate measures the percentage of product demos that lead to successful conversions in ...

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Device Utilization Rate

A measure of how often a medical device is used in clinical procedures after purchase.

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Dimensional Weight Pricing

A pricing model that calculates shipping costs based on package volume rather than actual weight.

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Distributor Margin

The profit percentage medical device distributors earn when selling products to hospitals or clinics ...

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Django

A high-level Python web framework known for its speed, security, and scalability.

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Docker

A containerization platform that enables developers to package and deploy applications efficiently.

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Drayage Fee

A charge for short-distance freight transport, often used for moving shipping containers between por ...

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Drop Trailer Program

A service where trailers are preloaded at a customer’s facility and picked up later, reducing loadin ...

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Dual Agency

When a real estate agent or brokerage represents both the buyer and seller in a transaction.

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Earnest Money Deposit

A deposit made by a buyer to demonstrate serious intent to purchase a property, typically held in es ...

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Edge Computing

A distributed computing model that processes data closer to users, reducing latency and bandwidth us ...

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Elastic Scaling

The ability to dynamically adjust computing resources in response to demand fluctuations.

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Embedded C Programming

A specialized version of the C programming language optimized for embedded software development.

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Embedded Machine Learning (Edge AI)

The integration of AI models into embedded systems to enable local decision-making without cloud rel ...

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Embedded Security

Security practices used to protect embedded systems from attacks and unauthorized access.

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Endpoint Detection and Response (EDR)

A security solution that monitors and responds to threats on endpoints like laptops and mobile devic ...

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Escalation Clause

A clause in a purchase contract that allows the buyer to automatically increase their offer if compe ...

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Escrow Holdback

Funds held in escrow after closing to cover outstanding repairs or contractual obligations.

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Event-Driven Architecture

A design pattern where system components communicate using events to improve scalability and respons ...

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Expansion MRR

Expansion MRR tracks the additional monthly recurring revenue generated from existing customers via ...

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Expansion Revenue

Expansion Revenue refers to additional revenue generated from existing customers through upsells, cr ...

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Field Programmable Gate Array (FPGA)

A reconfigurable semiconductor device that can be programmed for specific embedded applications.

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Firebase

A cloud-based backend-as-a-service (BaaS) platform that simplifies authentication, storage, and host ...

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Flash Memory

A type of non-volatile memory used for storing firmware and data in embedded systems.

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Flask

A lightweight Python framework used for building web applications with minimal overhead.

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Formulary Approval

The process of getting a medical device included in a hospital's approved product list for purchasin ...

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Freemium Conversion Rate

Freemium Conversion Rate tracks how many free-tier users upgrade to a paid plan, a key metric for Sa ...

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Freight Class

A standardized classification system used to determine shipping rates based on weight, density, and ...

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Freight Consolidation

A logistics strategy that combines multiple small shipments into one larger load to reduce costs.

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Front-End Framework Experience

A developer’s proficiency in using front-end frameworks like React, Angular, or Vue.js.

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Fuel Surcharge

An additional charge applied to freight rates to cover fluctuating fuel costs.

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Full-Stack Debugging

A developer’s ability to troubleshoot and fix issues across both front-end and back-end systems.

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GitOps

A DevOps practice that uses Git repositories as the source of truth for managing cloud infrastructur ...

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GPO Contract

A Group Purchasing Organization (GPO) contract allows hospitals to negotiate bulk pricing for medica ...

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GraphQL API

An API type that allows clients to query exactly the data they need from a single endpoint.

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GraphQL

A query language for APIs that enables developers to request specific data efficiently.

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Haptic Feedback

A technology that provides tactile feedback through vibrations or motions in embedded devices.

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Hospital Buy-In

The process of securing stakeholder approval within a hospital for purchasing a medical device.

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Hospital Capital Budgeting

The financial planning hospitals use to allocate funds for high-cost medical equipment.

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Hospital Standardization Initiative

An effort by hospitals to limit device options and lower costs by purchasing from a select group of ...

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Hybrid Cloud

A cloud strategy that integrates private and public cloud infrastructures for flexibility and effici ...

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Identity and Access Management (IAM)

A framework for ensuring that the right individuals have the right access to IT resources.

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Immutable Infrastructure

A cloud practice where infrastructure components are replaced rather than updated to ensure consiste ...

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In-Service Training

Hands-on training provided to hospital staff and surgeons on how to use new medical devices.

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Infrastructure as Code (IaC)

A practice of managing cloud infrastructure using machine-readable configuration files instead of ma ...

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Insider Threat Detection

Monitoring and analyzing employee behavior to detect potential security risks from within an organiz ...

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Interrupt Handling

A mechanism that allows embedded systems to respond to external events in real time.

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JavaScript

A widely used programming language for front-end and back-end development, powering web applications ...

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JTAG Debugging

A hardware debugging interface used for testing and programming embedded devices.

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Kubernetes Cluster Management

The process of deploying, monitoring, and scaling applications using Kubernetes clusters.

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Kubernetes

An open-source system for managing, scaling, and automating containerized applications.

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Lane Pricing

The cost structure for transporting goods along specific shipping lanes based on supply and demand.

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Last-Mile Delivery

The final step of the delivery process where goods are transported from a distribution center to the ...

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Lead Scoring

Lead Scoring assigns numerical values to potential customers based on their likelihood to convert in ...

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Lead Velocity Rate

Lead Velocity Rate (LVR) tracks the month-over-month growth rate of qualified leads to measure pipel ...

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Leaseback Agreement

An arrangement where the seller of a property leases it back from the buyer after closing.

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Load-to-Truck Ratio

A metric indicating freight demand by comparing available loads to available trucks in a given marke ...

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Loan-to-Value Ratio (LTV)

A financial term that compares the amount of a mortgage loan to the appraised value of the property.

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Logo Retention

Logo Retention measures the percentage of customers retained over a given period, without considerin ...

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Low-Power Design

A set of techniques used to reduce energy consumption in battery-powered embedded devices.

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LTV

Customer Lifetime Value (LTV) estimates the total revenue a business can expect from a single custom ...

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Microcontroller Unit (MCU)

A compact integrated circuit that contains a processor, memory, and input/output peripherals for emb ...

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Microservices Architecture

Experience designing and developing applications using a modular, microservices-based approach.

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MongoDB

A NoSQL database that stores data in flexible JSON-like documents, ideal for scalable applications.

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MRR

Monthly Recurring Revenue (MRR) is the predictable revenue a business earns each month from subscrip ...

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Multi-Cloud Strategy

A cloud approach that leverages multiple cloud providers to prevent vendor lock-in and improve relia ...

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Multi-Factor Authentication (MFA)

A security method requiring users to provide two or more verification factors to gain access.

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Net Revenue Retention

Net Revenue Retention (NRR) measures revenue growth from existing customers, accounting for expansio ...

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Node.js

A JavaScript runtime that allows developers to build scalable server-side applications.

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Observability

A cloud monitoring approach that provides insights into system performance, logs, and metrics.

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Pallet Pricing

A pricing model that charges based on the number of pallets shipped rather than weight or volume.

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Payback Period

Payback Period is the time it takes for a business to recover its customer acquisition costs (CAC) t ...

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Penetration Testing

A simulated cyberattack used to identify vulnerabilities in networks, applications, or systems.

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Per-Procedure Pricing

A pricing model where hospitals pay for medical devices based on usage in individual procedures.

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Performance Benchmarking

The process of measuring and optimizing application performance to meet industry standards.

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Pipeline Coverage

Pipeline Coverage refers to the ratio of open sales opportunities to quota targets, helping sales te ...

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Pocket Listing

A property for sale that is not publicly listed on the MLS, often marketed privately by real estate ...

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PostgreSQL

A powerful, open-source relational database known for its advanced features and scalability.

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Power Management IC (PMIC)

An integrated circuit used to manage power distribution in embedded devices.

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Privilege Escalation

A security exploit where attackers gain higher access levels than originally permitted.

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Procurement Cycle

The timeline hospitals or clinics follow when evaluating, approving, and purchasing medical devices.

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Production Readiness

The degree to which a candidate’s code meets the standards required for deployment in a live environ ...

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Public Key Infrastructure (PKI)

A framework that uses cryptographic keys and digital certificates to secure communications.

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Python

A versatile programming language used for web development, data science, and backend services.

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Quota Attainment

Quota Attainment measures the percentage of a sales rep's quota that has been achieved in a given pe ...

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Ransomware Mitigation

Techniques and strategies used to prevent or minimize damage from ransomware attacks.

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React.js

A popular JavaScript library for building interactive and reusable user interface components.

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Real-Time Operating System (RTOS)

An operating system designed to handle real-time tasks with strict timing constraints.

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Red Teaming

A security exercise where ethical hackers simulate real-world attacks to test an organization's defe ...

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Reimbursement Coding

The use of CPT and HCPCS codes to ensure medical devices are eligible for insurance reimbursement.

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Rep-Driven Sale

A sales process heavily reliant on a sales rep's relationship with surgeons or hospital decision-mak ...

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Responsive Design Principles

A developer’s ability to create applications that adapt to different screen sizes and devices.

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REST API

A widely used architectural style for designing networked applications and web services.

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Reverse Logistics

The process of managing product returns, recycling, and refurbishments in the supply chain.

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Role-Based Access Control (RBAC)

A security model that restricts cloud access based on user roles and permissions.

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Ruby on Rails

A web development framework written in Ruby that prioritizes convention over configuration.

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Sales Cycle Length

Sales Cycle Length is the average time it takes from the first contact with a prospect to closing a ...

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Sales Efficiency

Sales Efficiency evaluates the revenue generated per dollar spent on sales and marketing efforts.

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Sales Velocity

Sales Velocity calculates how quickly revenue is generated by measuring deal value, conversion rate, ...

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Scalability Mindset

A developer’s ability to write code that supports business growth and increased user demand.

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Secure Software Development Lifecycle (SSDLC)

A development process that integrates security at every stage of the software lifecycle.

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Security Information and Event Management (SIEM)

A system that aggregates and analyzes security logs from multiple sources to detect potential threat ...

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Security Orchestration, Automation, and Response (SOAR)

A system that automates security workflows, threat detection, and response actions.

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Sensor Fusion

The process of combining data from multiple sensors to improve accuracy and system performance.

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Serverless Computing

A cloud execution model where developers write code without managing the underlying infrastructure.

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Serverless Deployment

The ability to build and deploy applications without managing server infrastructure.

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Service-Level Agreement (SLA)

A contract defining maintenance and support commitments for medical devices sold to hospitals.

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Service Mesh

A cloud-native infrastructure layer that handles service-to-service communication within microservic ...

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Shadow Inventory

Homes that are in foreclosure or owned by lenders but not yet listed for sale.

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Spring Boot

A Java-based backend framework designed to simplify the development of enterprise-level applications ...

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Surgeon Preference Item (SPI)

A medical device specifically chosen by a surgeon based on personal preference rather than hospital ...

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System-on-Chip (SoC)

A single chip that integrates a microprocessor, memory, and other components to perform embedded tas ...

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TCV

Total Contract Value (TCV) is the total revenue expected over the lifetime of a contract, including ...

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Tech Stack Fit

The alignment between a candidate’s skills and a company’s preferred development technologies.

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Test-Driven Development (TDD)

A methodology where developers write tests before writing the actual application code.

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Threat Intelligence

The collection and analysis of data to identify emerging cybersecurity threats and vulnerabilities.

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Time-Sensitive Networking (TSN)

A networking standard designed to ensure real-time communication with low latency in embedded system ...

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Title Contingency

A clause that allows a buyer to back out of a real estate deal if there are title-related issues.

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TypeScript

A statically typed superset of JavaScript that enhances code maintainability and scalability.

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UART Communication

A serial communication protocol used for data exchange between embedded devices.

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Underwriting Approval

A process where a lender evaluates a buyer’s financial status to approve a mortgage loan.

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Upsell

Upselling is the practice of encouraging customers to purchase a higher-tier plan or additional feat ...

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Value Analysis Committee (VAC)

A hospital committee responsible for assessing medical devices based on cost, clinical need, and out ...

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Version Control Strategy

A developer’s proficiency in managing code changes using Git and branching workflows.

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Vue.js

A progressive front-end JavaScript framework used for building user interfaces and single-page appli ...

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Watchdog Timer

A hardware timer that resets the embedded system if it becomes unresponsive.

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Web Application Firewall (WAF)

A security solution that filters and monitors HTTP traffic to prevent web-based attacks.

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Web Performance Optimization

Techniques used to improve website speed, load times, and responsiveness.

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Wholesaling

A real estate investment strategy where a buyer contracts a property at a lower price and assigns it ...

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Win Rate

Win Rate measures the percentage of sales opportunities that result in a closed deal, indicating sal ...

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Zero Trust Architecture

A security model that requires continuous verification for every access request, regardless of locat ...

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