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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

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). It is frequently used for risk analysis.

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You cannot develop a high-quality customer engagement strategy without trust

CIO Business Intelligence

Engaged customers are vital to the success of any business. Analytics is central to understanding what works for your customers. It is little surprise, therefore, that according to IDC , over 40% of enterprises globally are now prioritizing trust and privacy issues, with 15% reporting it as a number one priority.

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Decoding Data Analyst Job Description: Skills, Tools, and Career Paths

FineReport

By conducting extensive research and analysis, they generate reports that inform strategic decisions, identify areas for enhancement, and guide the implementation of new initiatives. Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios.

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What is SVM Classification Analysis and How Can It Benefit Business Analytics?

Smarten

SVM Classification Analysis can be used for many analytical tasks: Credit/Loan Approval Analysis – Given a list of client transactional attributes, a business can predict whether a client will default on a loan. Weather Forecasting – Based on temperature, humidity, pressure etc. Use Case – 1. About Smarten.

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How IBM Planning Analytics can help fix your supply chain

IBM Big Data Hub

IBM Planning Analytics, or TM1 as it used to be known, has always been a powerful upgrade from spreadsheets for all kinds of planning and reporting use cases, including financial planning and analysis (FP&A), sales & operations planning (S&OP), and many aspects of supply chain planning (SCP).

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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

From advanced analytics to predictive modeling, the evolving landscape of business intelligence is revolutionizing how data is processed and leveraged for actionable insights. Comparing leading BI tools provides valuable insights into the diverse capabilities and features available for data analysis and reporting.

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Get Ready For These Six 2020 Business Intelligence Trends

Smart Data Collective

In the future, companies that come to rely on these new data sources will also need to protect that data — or risk the consequences. Predictive Business Analytics. Predictive analytics is the use of data and AI-powered algorithms to help analysts forecast the future and better predict business outcomes.