CIO Business Intelligence

JULY 5, 2022

What are the benefits of business analytics? Predictive analytics: What is likely to happen in the future? Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes. Prescriptive analytics: What do we need to do?

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

CIO Business Intelligence

NOVEMBER 14, 2022

Bayer Crop Science has applied analytics and decision-support to every element of its business, including the creation of “virtual factories” to perform “what-if” analyses at its corn manufacturing sites. ERP dashboards. These models are used to establish relationships between events and factors related to that event.

Data mining 144

Data mining Data-driven Statistics OLAP 144

IBM Big Data Hub

SEPTEMBER 19, 2023

Healthcare systems can also forecast which regions will experience a rise in flu cases or other infections. Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations. Diagnostic analytics: Diagnostic analytics helps pinpoint the reason an event occurred.

Data Science 77

Data Science Data Analytics Prescriptive Analytics Analytics 77

FineReport

APRIL 26, 2023

.” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

IBM Big Data Hub

SEPTEMBER 30, 2022

With the new IBM Business Analytics Enterprise (BAE), we are bundling together Planning Analytics with Watson, Cognos Analytics with Watson and the new Analytics Content Hub. This enables a single point of entry for planning, budgeting, forecasting, dashboarding and reporting. You don’t want to miss out!

Business Analytics 52

Business Analytics Analytics Prescriptive Analytics Forecasting 52

AWS Big Data

MARCH 26, 2024

Amazon Kinesis ingests streaming events in real time from point-of-sales systems, clickstream data from mobile apps and websites, and social media data. You could also consider using Amazon Managed Streaming for Apache Kafka (Amazon MSK) for streaming events in real time. You need to process this to make it ready for analysis.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69

Domino Data Lab

JUNE 2, 2019

If your business is using big data and putting dashboards in front of analysts, you’re missing the point.”. More near-term, Kahneman suggested the use of pre-mortems – also called backcasting, as a contrapositive of forecasting. I’d like to say that it was a one-of-a-kind event, except that we’re doing this annually.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110