CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). Data analytics vs. business analytics.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

IBM Big Data Hub

SEPTEMBER 19, 2023

To pursue a data science career, you need a deep understanding and expansive knowledge of machine learning and AI. And you should have experience working with big data platforms such as Hadoop or Apache Spark. Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations.

Data Science 80

Data Science Data Analytics Prescriptive Analytics Analytics 80

Rocket-Powered Data Science

MARCH 19, 2021

The vast scope of this digital transformation in dynamic business insights discovery from entities, events, and behaviors is on a scale that is almost incomprehensible. Traditional business analytics approaches (on laptops, in the cloud, or with static datasets) will not keep up with this growing tidal wave of dynamic data.

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis.

Statistics 52

Statistics Data mining Visualization Reporting 52

IBM Big Data Hub

SEPTEMBER 30, 2022

That’s where business analytics comes in. What is IBM Business Analytics? IBM is helping clients successfully navigate the age of the unexpected with IBM Business Analytics , an enterprise-grade, trusted, scalable and integrated analytics solution portfolio. The benefits of business analytics.

Business Analytics 52

Business Analytics Analytics Prescriptive Analytics Forecasting 52

Rocket-Powered Data Science

JULY 14, 2023

The corresponding growth of system-wide analytics product development and deployment has made the enterprise data infrastructure a significant variable in the equation of business analytics success. Pure analytics solutions can boost performance all across that data environment.

Analytics 166

Analytics Internet of Things Prescriptive Analytics Data Science 166

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