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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. The discipline is a key facet of the business analyst role. Business analytics techniques.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts. Share the essential business intelligence trends among your team!

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7 famous analytics and AI disasters

CIO Business Intelligence

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

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Top Data Science Tools That Will Empower Your Data Exploration Processes

datapine

Companies surely need data scientists to help them empower their analytics processes, build a numbers-based strategy that will boost their bottom line, and ensure that enormous amounts of data are translated into actionable insights. But being an inquisitive Sherlock Holmes of data is no easy task. Let’s get started.

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Do the Benefits of Cloud Outweigh the Costs?

Jet Global

In fact, a recent Gartner report on cloud expenditure found that cross-industry cloud spend has risen from 8% as a percentage of total IT spend in 2018 to 16% in 2022. There’s no doubt that cloud ERPs have had a profound impact on businesses, transforming the way organizations operate, innovate, and deliver value.

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How to Take Your Data Visualization Skills to the Next Level

Depict Data Studio

advanced techniques like applying data visualization principles to reports, slideshows, infographics, and dashboards. You’ll think about which format–a report, dashboard, infographic, one-pager, etc.–is This training program is about classic data visualization principles? practical software how-tos? I took seminars.

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Fact-based Decision-making

Peter James Thomas

Some systems (even in 2018) can still make it harder to capture good data than to ram in bad. It is entirely feasible that some market event occurs this year ( for example the entrance or exit of a competitor, or the launch of a new competitor product) which would render prior year figures a poor guide. How to Measure the Unmeasurable.

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