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 78

Data Science Data Analytics Prescriptive Analytics Analytics 78

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. What is the point of those obvious statistical inferences?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

CIO Business Intelligence

JUNE 7, 2022

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems.

Data Analytics 123

Data Analytics Diagnostic Analytics Management Analytics 123

FineReport

MARCH 24, 2024

Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue. Predictive analytics: Forecasting likely outcomes based on patterns and trends to facilitate proactive decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

Alation

NOVEMBER 28, 2022

Or they don’t have the technical skill to extract, cleanse, or transform data they need. Spreadsheets dominate the activities of gathering and preparing data, and performing descriptive analytics. 78 million data workers are advanced spreadsheet users. Spreadsheets are dark matter.

Descriptive Analytics 52

Descriptive Analytics Risk Sales Data-driven 52