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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics?

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Predictive Analytics Drives Criminal Justice Reform with Recidivism Forecasting

Smart Data Collective

We have previously talked about the role of predictive analytics in helping solve crimes. However, big data has also led to some concerns with racial profiling and other biases. Fortunately, machine learning and predictive analytics technology can also help on the other side of the equation.

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Big Data Becomes Pivotal to the Construction Industry

Smart Data Collective

That’s starting to change, though, and construction firms everywhere are embracing innovations like big data. As a post from AutoDesk points out , big data can help make construction firms more flexible, efficient and safer, driving more teams to embrace it. Big data offers the insight to do so.

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IBM Emphasizes The Benefits Of Data Analytics For Renewable Energy

Smart Data Collective

Big data is playing a surprisingly important role in the evolution of renewable energy. IBM recently published a fascinating paper on the applications of big data for solar and other green energy sources. Other researchers around the world are also talking about the role of data analytics in this dynamic, growing field.

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A Guide To Starting A Career In Business Intelligence & The BI Skills You Need

datapine

According to the US Bureau of Labor Statistics, demand for qualified business intelligence analysts and managers is expected to soar to 14% by 2026, with the overall need for data professionals to climb to 28% by the same year. The Bureau of Labor Statistics also states that in 2015, the annual median salary for BI analysts was $81,320.

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Is Big Data Transforming Our Broken Hospital Management Systems?

Smart Data Collective

The healthcare industry is happily embracing big data. Hospitals around the world are finding that data can have a profound impact on their operations. Big Data is the Key to Improving the Efficiency of Hospital Management Systems? Big Data is the Key to Improving the Efficiency of Hospital Management Systems?

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Data Analytics Contributes to the Abrupt Rise of Clean Energy Investment

Smart Data Collective

Big data technology has become a major disrupting factor in the energy industry. Many energy conglomerates have started embracing data analytics to expand their markets, respond to new trends, streamline operations and bolster efficiency. The clean energy sector has not been untouched by the big data revolution.