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. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

Data Science 77

Data Science Data Analytics Prescriptive Analytics Analytics 77

IBM Big Data Hub

JULY 6, 2023

While data science and machine learning are related, they are very different fields. In a nutshell, data science brings structure to big data while machine learning focuses on learning from the data itself. What is data science? This post will dive deeper into the nuances of each field.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

Smarten

MAY 29, 2023

World-renowned technology analysis firm Gartner defines the role this way, ‘A citizen data scientist is a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside of the field of statistics and analytics. ‘If

Prescriptive Analytics 52

Prescriptive Analytics Predictive Modeling Digital Transformation Business Objectives 52

Smarten

APRIL 10, 2023

Leverage Enterprise Investments for Predictive Analytics and Gain Numerous Advantages! Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Why the focus on predictive analytics? It’s simple!

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Hypothesis Testing. Trends and Patterns. Forecasting. Classification. Descriptive Statistics. Correlation.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

BizAcuity

MARCH 31, 2022

you already have a data strategy in place, then it is easier to identify and analyze where AI would be the most useful for your business.Analytics Insight has an informative blog on the wide range of use-cases of AI in prominent industries. The aim of predictive analytics is, as the name suggests, to predict and forecast outcomes.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

datapine

NOVEMBER 27, 2019

However, businesses today want to go further and predictive analytics is another trend to be closely monitored. Another increasing factor in the future of business intelligence is testing AI in a duel. 4) Predictive And Prescriptive Analytics Tools. Prescriptive analytics goes a step further into the future.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361