IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. It focuses on data collection and management of large-scale structured and unstructured data for various academic and business applications.

Data Science 83

Data Science Data Analytics Prescriptive Analytics Analytics 83

Smarten

DECEMBER 3, 2023

Let’s look at some of the reasons business intelligence (BI) and augmented analytics are important to your business and the benefits this type of solution can provide for your enterprise. Giving your team the right tools and a simple way to manage the overwhelming flow of data is crucial to business success.’

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

Smarten

JUNE 27, 2018

This article provides a brief explanation of the SVM Classification method of analytics. Model with prediction accuracy >= 70% is useful. Medical Diagnosis – Given a list of symptoms, a doctor can predict if a patient has a particular disease. How Can SVM Classification Analysis Benefit Business Analytics?

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

Smarten

JUNE 17, 2022

Smarten announces the recent certification of its Smarten Augmented Analytics Software product by CERT-IN. Contact the Smarten team for more information on Smarten Augmented Analytics solution. Original Post : Smarten Augmented Analytics Receives CERT-IN Certification for Its Products and Services! About Smarten.

Analytics 67

Analytics IT Business Intelligence Predictive Modeling 67

BizAcuity

APRIL 1, 2023

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. Predictive Analytics It is a subset of business analytics that uses statistical techniques (algorithms) to find patterns in historical data points and predict future outcomes with high accuracy.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

BizAcuity

JANUARY 18, 2023

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. Predictive Analytics. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Smarten

NOVEMBER 8, 2022

Smarten CEO, Kartik Patel says, ‘This comprehensive, free online course is designed to support businesses and individuals who wish to pursue, or are interested in finding out more about, the Citizen Data Scientist journey. It is intended for business and technology users and team members within the business environment. “By

Business Intelligence 52

Business Intelligence Predictive Modeling Statistics Data-driven 52

Smarten

JUNE 29, 2018

’ ARIMAX is related to the ARIMA technique but, while ARIMA is suitable for datasets that are univariate (see the article, entitled’ What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?’). How Can ARIMAX Forecasting Be Used for Enterprise Analysis?

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Cloudera

OCTOBER 4, 2023

We can move to predictive fraud and breach prevention, greatly increasing the protection of customer data and financial assets. Without real-time analytics we won’t catch the threats until after they’ve caused significant damage. We can also benefit from real-time stock ticker analytics, and other highly monetizable data assets.

Data Warehouse 84

Data Warehouse Experimentation Cost-Benefit Dashboards 84

Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series of errors. How Can the ARIMA Forecasting Method Be Used for Enterprise Analysis?

Forecasting 40

Forecasting Enterprise IT Sales 40

Cloudera

JANUARY 5, 2021

To enable these business capabilities requires an enterprise data platform to process streaming data at high volume and high scale, to manage and monitor diverse edge applications, and provide data scientists with tools to build, test, refine and deploy predictive machine learning models. .

Forecasting 90

Forecasting Cost-Benefit Sales Unstructured Data 90

Smarten

JUNE 29, 2018

This article explains the Karl Pearson Correlation method of analysis, and how it can be applied in business. What is the Karl Pearson Correlation Analytical Technique? How Can the Karl Pearson Correlation Method Be Used to Target Enterprise Analytical Needs? must be converted to numeric ranking, i.e., 1,2,3,4,5.

Enterprise 40

Enterprise IT Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

Here is a sample of simple linear regression analysis, considering the effects of temperature on crop yield: Simple linear regression is limited to predicting numeric output i.e., dependent variable has to be numeric in nature. How Can the Enterprise Use Simple Linear Regression to Analyze Data? Use Case – 1.

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

As the majority class = Good for the three nearest neighbors (two out of three records have class = Good), predicted class of an instance = Good, i.e. quality of a paper tissue having acid durability =3 and strength =7 is good. How Can KNN Classification Help an Enterprise?

Enterprise 40

Enterprise Business Intelligence Predictive Modeling Statistics 40

Smarten

APRIL 12, 2023

Smarten announces the launch of SnapShot Anomaly Monitoring Alerts for Smarten Augmented Analytics. SnapShot Monitoring provides powerful data analytical features that reveal trends and anomalies and allow the enterprise to map targets and adapt to changing markets with clear, prescribed actions for continuous improvement.

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

Smarten

JUNE 25, 2018

This method is used to find groups that have not been explicitly labeled in the data, and it can be used to confirm business assumptions about what types of groups exist, or to identify unknown groups in complex data sets. How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data?

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

The Naive Bayes classifier assumes that every feature/predictor is independent, which is not always the case, so it is important to understand the type of data you are analyzing before choosing this, or any other, analytical technique. How Can Naïve Bayes Be Used for Enterprise Analysis?

Enterprise 40

Enterprise IT Business Intelligence Forecasting 40

datapine

MARCH 25, 2022

1) What Is Business Intelligence And Analytics? 4) How Do BI And BA Apply To Business? If someone puts you on the spot, could you tell him/her what the difference between business intelligence and analytics is? We already saw earlier this year the benefits of Business Intelligence and Business Analytics.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. Utilizing standard methods, they collect, analyze, and interpret data to provide valuable business information.

Statistics 52

Statistics Data mining Visualization Reporting 52

Sisense

JULY 6, 2020

Analytics and data are changing every facet of our world. In The State of BI & Analytics , we expand on our original research, keeping you ahead of the curve on the world of analytics, data, and business intelligence. The current global pandemic has united us all and challenges the way we do business.

Data-driven 81

Data-driven Uncertainty Reporting Analytics 81

Rita Sallam

JULY 22, 2016

And here we are now, past the tipping point of a more than 10 to 11 year transition away from IT-centric reporting platforms to modern BI and analytics platforms that make up much of the new buying in the BI and Analytics market. A modern BI platform supports IT-enabled analytic content development.

Analytics 40

Analytics Business Intelligence Metadata Statistics 40

Birst BI

JANUARY 16, 2018

If you’re a business intelligence (BI) and analytics application user, it’s likely that “data-driven insight to the masses” will soon be top-of-mind. Machine learning will transform BI and analytics. Any business leader already knows that AI is a large field. And the answer will be presented.

Data-driven 70

Data-driven Analytics Dashboards Machine Learning 70

Smarten

SEPTEMBER 15, 2017

Every enterprise is talking about Business Intelligence and Advanced Analytics. Every enterprise has considered the benefits of implementing self-serve analytics across the organization and involving business users in the process. Requirements Planning for Data Analytics. How will you manage growth?

Analytics 40

Analytics Statistics Data Governance Cost-Benefit 40

Cloudera

JANUARY 14, 2021

The solution ingested and aggregated data from these temperature sensors with location and on-hand inventory data to predict, monitor, and respond to possible changes in perishable food products such as produce, dairy, and meat.

Cost-Benefit 69

Cost-Benefit Digital Transformation Sales IoT 69

Smarten

JUNE 28, 2018

This article discusses the analytical method of Hierarchical Clustering and how it can be used within an organization for analytical purposes. Business Problem: The enterprise wishes to organize customers into groups/segments based on similar traits, product preferences and expectations. What is Hierarchical Clustering?

IT 40

IT Business Intelligence Predictive Modeling Risk 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. Multiple linear regression models are useful in helping an enterprise to consider the impact of multiple independent predictors and variables on a dependent variable, and can be beneficial for forecasting and predicting results. About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 20, 2018

A basic understanding of the types and uses of trend and pattern analysis is crucial, if an enterprise wishes to take full advantage of these analytical techniques and produce reports and findings that will help the business to achieve its goals and to compete in its market of choice. About Smarten.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 26, 2018

This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. An enterprise might also use Chi Square to determine if there is a relationship between the region in which a product is purchased, and the product or category of product that is purchased.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 27, 2018

The Decision Tree analysis technique is useful in classifying and segmenting markets, types of customers and other categories in order to make decisions on where to focus enterprise resources. About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. With that in mind, we have prepared a list of the top 19 definitive data analytics and big data books, along with magazines and authentic readers’ reviews upvoted by the Goodreads community.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Smarten

JANUARY 27, 2023

Smarten has announced the launch of Predictive Model Mark-Up Language (PMML) Integration capability for its Smarten Augmented Analytics suite of products. Simply create the predictive model, using your favorite platform, export the model as a PMML file and import that model to Smarten.

Predictive Modeling 52

Predictive Modeling Analytics Predictive Analytics Business Intelligence 52

datapine

JANUARY 6, 2022

Based on that amount of data alone, it is clear the calling card of any successful enterprise in today’s global world will be the ability to analyze complex data, produce actionable insights and adapt to new market needs… all at the speed of thought. Business dashboards are the digital age tools for big data. trillion gigabytes!

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Grooper

AUGUST 19, 2019

Choosing the right analytics solution isn't easy. Successfully navigating the 20,000+ analytics and business intelligence solutions on the market requires a special approach. Read on to learn how data literacy, information as a second language, and insight-driven analytics take digital strategy to a new level.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

Domino Data Lab

JULY 22, 2019

You know, case in point, if you were to talk about predictive analytics 20 years ago, the main people in the field would have laughed you out of the room. Predictive analytics, yeah, not so much.” But for most enterprise, using machine learning…not really. They would’ve said, “You know what?

Data Science 109

Data Science Machine Learning Data Governance Modeling 109

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Jet Global

JULY 11, 2019

With major advances being made in artificial intelligence and machine learning, businesses are investing heavily in advanced analytics to get ahead of the competition and increase their bottom line. We’ll explain what it is, how it works, and ways to start using demand forecasting with business intelligence software.

Business Intelligence 72

Business Intelligence Forecasting Data Warehouse Predictive Analytics 72