article thumbnail

What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

What is business analytics? Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What are the benefits of business analytics? What is the difference between business analytics and data analytics?

article thumbnail

5 tips for excelling at self-service analytics

CIO Business Intelligence

One potential solution to this challenge is to deploy self-service analytics, a type of business intelligence (BI) that enables business users to perform queries and generate reports on their own with little or no help from IT or data specialists. But there are right and wrong ways to deploy and use self-service analytics.

Analytics 137
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Building Analytics to Mitigate the Costs of Construction Mistakes

Smart Data Collective

Construction analytics is a new field that was worth just over $5 billion in 2018. Why is the construction analytics market growing at such a fast pace? However, the biggest benefit of construction analytics is that it can help alleviate the costs of building development mistakes. billion by 2026. Improve Documentation.

article thumbnail

Fleet Management and Big Data: Points to Consider

Smart Data Collective

The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. All in all, the concept of big data is all about predictive analytics. What’s even more important, predictive analytics prevents accidents on the road. Predictive analytics takes care of both direct and indirect costs.

Big Data 143
article thumbnail

Top Data Science Tools That Will Empower Your Data Exploration Processes

datapine

To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations. It helps to automate and makes the usage of the R programming statistical language easier and much more effective. perfect for statistical computing and design.

article thumbnail

A history of tech adaptation for today’s changing business needs

CIO Business Intelligence

The latest moves in the process came in 2018 when the brand launched its full end-to-end service capability for packaged research through its digital platform, allowing clients to design, execute, and analyze their own research projects using Ipsos’ experience and resources. “To js and React.js.

article thumbnail

Machine Learning Interview Questions to Land the Perfect Data Science Job

Smart Data Collective

The Bureau of Labor Statistics reports that there were over 31,000 people working in this field back in 2018. You can help gaming companies by doing sophisticated data analytics to better understand player engagement. Are you looking to get a job in big data? That could be a wise career move. The median annual wage is $118,370.