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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. Fortunately, machine learning and predictive analytics technology can also help on the other side of the equation. Predictive Analytics and Big Data Assists with Criminal Justice Reform.

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How Machine Learning Enhances Momentum of Cryptocurrency Price Movements

Smart Data Collective

A number of new predictive analytics algorithms are making it easier to forecast price movements in the cryptocurrency market. Conversely, if predictive analytics models suggest that the value of a cryptocurrency price is likely to decrease, more investors are likely to sell off their cryptocurrency holdings.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance. Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes.

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

datapine

The Bureau of Labor Statistics also states that in 2015, the annual median salary for BI analysts was $81,320. In the US, developer salaries in the field stand at around $86,000 per annum, with analytics managers earning an average of $105,000 per annum across the nation. They can help a company forecast demand, or anticipate fraud.

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IBM Emphasizes The Benefits Of Data Analytics For Renewable Energy

Smart Data Collective

According to data from the Association of Renewable Energy Companies (APPA), this sector contributed some 8,256 million euros to the Spanish gross domestic product and invested in technological innovation some 230 million in 2015, but producers show that renewable energy as a whole “continue to stagnate in Spain.

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Disrupt and Innovate in a Data-Driven World

Cloudera

Bridgespan Group estimated in 2015 that only 6% of nonprofits use data to drive improvements in their work. The private sector already very successfully uses data analytics and machine learning not only to realise efficiency gains but also – even more importantly – to create completely new services and business models.

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Modernize Using The BI & Analytics Magic Quadrant

Rita Sallam

These intentions are also reflected in Gartner’s previous webinar poll results in March and in our 2015 market share results, which show a 63% growth in Modern BI market growth versus a 1.7% decline in traditional BI ( See: Market Share Analysis: Business Intelligence and Analytics Software, 2015 ).