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

Rocket-Powered Data Science

MARCH 19, 2021

The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. One CIO said it this way , “If CIOs invested in machine learning three years ago, they would have wasted their money. A lot has changed in those five years, and so has the data landscape.

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

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 methods and techniques.

Data Analytics 129

Data Analytics Diagnostic Analytics Management Analytics 129

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

Rocket-Powered Data Science

JULY 14, 2023

As I progressed in my career into management roles for enterprise data systems, I gained a deeper understanding and appreciation of the synergies and interdependencies between system and user requirements. Analytics products represent the user-facing and client-facing derived value from an organization’s data stores.

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

datapine

NOVEMBER 27, 2019

Often seen as the highest foe-friend of the human race in movies ( Skynet in Terminator, The Machines of Matrix or the Master Control Program of Tron), AI is not yet on the verge to destroy us, in spite the legit warnings of some reputed scientists and tech-entrepreneurs. 4) Predictive And Prescriptive Analytics Tools.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361