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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

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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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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Descriptive analytics uses historical and current data to describe the organization’s present state by identifying trends and patterns. Predictive analytics: What is likely to happen in the future? Prescriptive analytics: What do we need to do? Examples of business analytics. This is the purview of BI.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Having the right data strategy and data architecture is especially important for an organization that plans to use automation and AI for its data analytics. The types of data analytics Predictive analytics: Predictive analytics helps to identify trends, correlations and causation within one or more datasets.

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BRIDGEi2i Named as A Cool Vendor by Gartner In CRM Sales Technologies

bridgei2i

BRIDGEi2i is recognized as cool for its advanced analytics solution, BRIDGEfunnel, an AI-based diagnostic analytics tool, supported by predictive analytics functions, that can be used in lieu of enterprise-grade advanced analytics platforms. Email: venkat.subramanian@bridgei2i.com.

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

Enterprise Artificial Intelligence. Enterprise Artificial intelligence (AI) is a common jargon used to refer to how an organization integrates artificial intelligence (AI) into its infrastructure to drive digital transformation. The aim of predictive analytics is, as the name suggests, to predict and forecast outcomes.

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Birst Named to Constellation ShortListâ„¢ for Cloud-Based Business Intelligence and Analytics Platforms for 4th Straight Time

Birst BI

Constellation Research predicts that by 2020, 60 percent of mission-critical data will be accessed, rather than owned by enterprises – with external sources including SaaS, social networks, third-party enrichment data and partner information. Data-management capabilities, including data integration and self-service data preparation.