CIO Business Intelligence

JULY 5, 2022

Business analytics and business intelligence (BI) serve similar purposes and are often used as interchangeable terms, but BI can be considered a subset of business analytics. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward. Examples of business analytics.

Business Analytics 125

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 125

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 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

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

Jet Global

MAY 1, 2023

Use the experts in analytics to add value to your product. Let’s just give our customers access to the data. You’ve settled for becoming a data collection tool rather than adding value to your product. Diagnostic Analytics: No longer just describing. Predictive Analytics: If x, then y (e.g.,

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52