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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable. This is predictive power discovery.

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Disrupt and Innovate in a Data-Driven World

Cloudera

If you do an internet search for ‘data-driven disruption’ you can find articles about almost every industry being disrupted by digitalisation and new applications of data. While there are instances of data-driven efforts in the nonprofit sector, they are not as widespread as they can be.

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Prescriptive Analytics: An Introduction

DataRobot Blog

Where descriptive analytics reveals what has happened in the past, prescriptive analytics delivers insight into optimizing future decisions. As data-driven organizations mature, they will begin to apply prescriptive analytics. by Jen Underwood. Read More.

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AIOps reimagines hybrid multicloud platform operations

IBM Big Data Hub

Moreover, there are often duplicate events due to full-stack level observability and these events result in data silos. Both the continuous delivery tooling and the continuous operations tooling ingest all the data into the AIOps engine shown at the top (box 7: AIOps Engine). Predictive analytics to show what will happen next.

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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Think your customers will pay more for data visualizations in your application? Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics. Five years ago they may have. But today, dashboards and visualizations have become table stakes.

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What is business intelligence? Transforming data into business insights

CIO Business Intelligence

BI tools access and analyze data sets and present analytical findings in reports, summaries, dashboards, graphs, charts, and maps to provide users with detailed intelligence about the state of the business. Benefits of BI BI helps business decision-makers get the information they need to make informed decisions.

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6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. The main use of business intelligence is to help business units, managers, top executives, and other operational workers make better-informed decisions backed up with accurate data.