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(5) ‘projected trajectory’ means the projected path per digital target until 2030, to achieve the digital targets set out in Article 4, on the basis of historical data where available;

(6) ‘edge nodes’ means distributed data-processing capacity connected to the network and located close to or in the physical endpoint where the data is generated, which offers distributed computing and storage capabilities for low-latency data processing;

(7) ‘digital intensity’ means the aggregated value attributed to an undertaking, on the basis of the number of technologies it uses, against a scoreboard of various technologies, in line with DESI;

(8) ‘key public services’ means essential services provided by public entities to natural persons in their major life events and to legal persons in their professional life-cycle;

(9) ‘advanced digital skills’ means skills and professional competencies requiring knowledge and experience necessary to understand, design, develop, manage, test, deploy, use and maintain digital technologies, products and services;

(10) ‘basic digital skill’ means the ability to perform, by digital means, at least one activity related to the following areas: information, communication and collaboration, content creation, safety and personal data, and problem-solving;

(11) ‘unicorn’ means either:

(a) an undertaking founded after 31 December 1990, which had an initial public offering or trade sale above USD 1 billion; or (b) an undertaking that has been valued at over USD 1 billion in its last private venture funding round, including where the valuation has not been confirmed in a secondary transaction;

(12) ‘small or medium sized enterprise’ or ‘SME’ means a microenterprise or a small or medium-sized enterprise as defined in Article 2 of the Annex to Commission Recommendation 2003/361/EC .

Definitions For the purposes of this Decision, the following definitions apply:

(1) ‘Digital Economy and Society Index’ or ‘DESI’ means an annual set of analyses and measurement indicators on the basis of which the Commission monitors the Union’s and the Member States’ overall digital performance across several policy dimensions, including their progress towards the digital targets set out in Article 4;

(2) ‘multi-country projects’ means large-scale projects facilitating the achievement of the digital targets set out in Article 4, including the Union’s and the Member States’ financing, in accordance with Article 10;

(3) ‘statistics’ means statistics as defined in Article 3, point (1), of Regulation (EC) No 223/2009 of the European Parliament and of the Council ;

(4) ‘peer review process’ means a mechanism whereby Member States exchange best practices on specific aspects of the policies, measures and actions proposed by a given Member State, and in particular on their efficiency and suitability to contributing to achieving a specific target of the digital targets set out in Article 4, in the context of cooperation pursuant to Article 8;