CIO Business Intelligence

JANUARY 19, 2024

Companies are increasingly eager to hire data professionals who can make sense of the wide array of data the business collects. The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year.

Data Science 124

Data Science Machine Learning Predictive Modeling Experimentation 124

Smarten

JANUARY 31, 2019

Many organizations have grown comfortable with their business intelligence solution, and find it difficult to justify the need for advanced analytics. How is Advanced Analytics Different from Business Intelligence? Advanced Analytics is the logical tool to help a business optimize its investments and achieve its goals.

Business Intelligence 40

Business Intelligence Analytics Predictive Modeling Forecasting 40

Smarten

APRIL 10, 2023

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? Data Scientists can create and re-purpose analytical models and focus on strategic initiatives.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

CIO Business Intelligence

FEBRUARY 10, 2023

The science of predictive analytics can generate future insights with a significant degree of precision. With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future.

Predictive Analytics 133

Predictive Analytics Analytics Predictive Modeling Forecasting 133

CIO Business Intelligence

MAY 21, 2024

With this model, patients get results almost 80% faster than before. Next, Northwestern and Dell will develop an enhanced multimodal LLM for CAT scans and MRIs and a predictive model for the entire electronic medical record. One of our retail customers is starting to talk about pulling in weather data.

IT 118

IT Cost-Benefit Experimentation Forecasting 118

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.’ Forecasting. Access to Flexible, Intuitive Predictive Modeling. Trends and Patterns.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA 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. p: to apply autoregressive model on series.

Forecasting 40

Forecasting Enterprise IT Sales 40

Smarten

JUNE 21, 2018

This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment. What is the Holt-Winters Forecasting Algorithm? The Holt-Winters algorithm is used for forecasting and It is a time-series forecasting method.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Smarten

JUNE 8, 2023

Today’s business intelligence solutions provide mobile support for business users in an easy-to-use, self-serve environment, so every team member can participate in data analytics and use that data to perform their role and to make confident decisions. Get the Results You Want From Your Team and Your BI Tools with Mobile BI!

Optimization 67

Optimization Enterprise Business Intelligence Predictive Modeling 67

Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

Predictive Analytics 121

Predictive Analytics Analytics Predictive Modeling Data mining 121

Smarten

JANUARY 27, 2023

What is business intelligence democratization? Put simply, BI democratization is the open access to business intelligence and analytical tools to enable analysis and understanding of the data within the enterprise systems. How Can I Encourage Data Democratization with BI and Augmented Analytics Tools?

Analytics 52

Analytics Business Intelligence Predictive Modeling Predictive Analytics 52

CIO Business Intelligence

JUNE 7, 2022

In business analytics, this is the purview of business intelligence (BI). Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes.

Data Analytics 122

Data Analytics Diagnostic Analytics Management Analytics 122

BI-Survey

NOVEMBER 24, 2020

This generates significant challenges for organizations in many areas and corporate planning and forecasting are no exceptions. The aim is to relieve planners and use historical data for valuable forecasts of the future. Planning, forecasting and analytics must be adapted to keep up with these demands.

Forecasting 94

Forecasting Predictive Modeling Statistics Data-driven 94

CIO Business Intelligence

DECEMBER 11, 2023

For example, by tapping into real-time data with AI-enabled analytics, CFOs will be able to develop multiple scenarios for capital allocation, offering more forward-looking projections and more accurate forecasts.

Finance 85

Finance Forecasting IoT Predictive Modeling 85

Smarten

MAY 30, 2023

When a business plans to launch an augmented analytics or business intelligence solution, it must carefully plan for user adoption – especially if the launch of this solution is part of a larger strategy for self-serve business user analytics and the Citizen Data Scientist approach to data use across the enterprise.

Slice and Dice 52

Slice and Dice Business Intelligence Cost-Benefit Dashboards 52

datapine

AUGUST 14, 2019

Business intelligence has developed into one of the most powerful solutions for companies that look for smart data analysis, predicting the future, and utilizing business intelligence software for generating actionable insights. connecting data sources and predicting future outcomes. Source: mathworks.com.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Smarten

JUNE 10, 2022

Obviously, when it comes to your competitive market space, your business does not want to exist in that 68% of the pie chart! Data Privacy to ensure government and industry regulations are in compliance as business users adopt self-serve BI tools. Predictive Modeling to support business needs, forecast, and test theories.

Slice and Dice 52

Slice and Dice Analytics Key Performance Indicator Business Intelligence 52

CIO Business Intelligence

JUNE 14, 2023

SAS Certified Advanced Analytics Professional The SAS Certified Advanced Analytics Professional credential validates the ability to analyze big data with a variety of statistical analysis and predictive modeling techniques.

Big Data 121

Big Data Data Analytics Analytics Predictive Modeling 121

Smarten

DECEMBER 3, 2023

Perhaps your business is considering an augmented analytics solution, or your enterprise already has some version of business intelligence or analytics and it wishes to upgrade or transition to a more beneficial solution. What is Augmented Analytics and How Has it Evolved?

Key Performance Indicator 52

Key Performance Indicator Analytics IT Predictive Analytics 52

Sisense

MARCH 24, 2020

One area they refused to cut, however, was their business intelligence program. BA claimed that a continued investment in analytics during the crisis was a critical factor to streamlining marketing activities and thwarting fraudulent bookings when their business was especially fragile. Create transparency, reduce overhead.

Analytics 94

Analytics Sales Forecasting Business Intelligence 94

IBM Big Data Hub

SEPTEMBER 19, 2023

Business users will also perform data analytics within business intelligence (BI) platforms for insight into current market conditions or probable decision-making outcomes. The types of data analytics Predictive analytics: Predictive analytics helps to identify trends, correlations and causation within one or more datasets.

Data Science 78

Data Science Data Analytics Prescriptive Analytics Analytics 78

CIO Business Intelligence

MARCH 22, 2022

Two groups of researchers are already using Nvidia’s Modulus AI framework for developing physics machine learning models and its Omniverse 3D virtual world simulation platform to forecast the weather with greater confidence and speed, and to optimize the design of wind farms.

Modeling 118

Modeling Machine Learning Forecasting Optimization 118

CIO Business Intelligence

MAY 14, 2024

IDC forecasts that global spending on private, dedicated cloud services — which includes hosted private cloud and dedicated cloud infrastructure as a service — will hit $20.4 billion in 2024, and more than double by 2027.

IT 135

IT Data Processing Enterprise Modeling 135

Jet Global

MAY 9, 2024

Data pipelines support data science and business intelligence projects by providing data engineers with high-quality, consistent, and easily accessible data. For example, a pipeline might ingest customer data, clean and transform it, train a predictive model, and deploy the model for real-time predictions.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

DataRobot

JANUARY 20, 2022

The UK’s National Health Service (NHS) will be legally organized into Integrated Care Systems from April 1, 2022, and this convergence sets a mandate for an acceleration of data integration, intelligence creation, and forecasting across regions. Grasping the digital opportunity.

Data-driven 145

Data-driven Experimentation Modeling Predictive Modeling 145

CIO Business Intelligence

SEPTEMBER 5, 2023

which has been delivering sugarcane products for over 150 years, is now using AI embedded in the SAP Business Technology Platform to predict the cost of moving freight more accurately. Predictions that used to be a painstaking process are now being generated automatically in seconds. For example, American Sugar Refining, Inc.,

Technology 78

Technology Predictive Modeling Predictive Analytics Forecasting 78

Smarten

MAY 2, 2018

In today’s fast-paced, competitive business landscape, no enterprise can afford to wait for clear, concise information. No team member can be expected to achieve peak performance if they have to wait for business intelligence and clear analysis and information.

Predictive Analytics 40

Predictive Analytics Analytics Predictive Modeling Forecasting 40

FineReport

MAY 29, 2020

Business Intelligence is commonly divided into four different types: reporting, analysis, monitoring, and prediction. In conclusion, a professional BI reporting tool focuses on data display, typically an application within a business intelligence software suite. What is BI Reporting? . How does BI Reporting Work?

Reporting 94

Reporting OLAP Visualization Software 94

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. This not only enhances the quality of care but also contributes to improved patient outcomes.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Smarten

JUNE 20, 2018

The business can use this information for forecasting and planning, and to test theories and strategies. If a business wishes to produce clear, accurate results, it must choose the algorithm and technique that is the most appropriate for a particular type of data and analysis.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 14, 2019

When NLP is incorporated into the business intelligence environment, business users can enter a question in human language. This will improve the accuracy of planning and forecasting and allow for a better overall understanding of business results. ’ or ‘which of our products sells best in New York?

Cost-Benefit 40

Cost-Benefit IT Predictive Modeling Business Intelligence 40

Smarten

DECEMBER 12, 2018

Many businesses are just discovering the benefits of self-serve business intelligence and establishing data democratization initiatives but, as every business manager and team member knows, business markets and competition move rapidly and yesterday’s business intelligence initiatives are morphing into advanced analytics efforts.

Analytics 40

Analytics Business Intelligence Data mining Predictive Modeling 40

Smarten

JUNE 29, 2018

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 29, 2018

Weather Forecasting – Based on temperature, humidity, pressure etc., an organization can predict if it will be rainy/sunny/windy tomorrow. a business can predict the likelihood of fraud. It is useful for making predictions and forecasting data based on historical results. About Smarten.

Enterprise 40

Enterprise IT Business Intelligence Forecasting 40

Smarten

JULY 19, 2017

To be successful in business, every organization must find a way to accurately forecast and predict the future of its market, and its internal operations, and better understand the buying behavior of its customers and prospects.

Business Intelligence 40

Business Intelligence Predictive Modeling Cost-Benefit Data-driven 40

Smarten

JULY 10, 2018

Use Case(s): Weather Forecasting, Fraud Analysis and more. Frequent Pattern Mining (Association): What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis? ARIMAX Forecasting: What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Analytics 40

Analytics Forecasting Statistics Sales 40