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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

What are the benefits of business analytics? Business analytics also involves data mining, statistical analysis, predictive modeling, and the like, but is focused on driving better business decisions. What is the difference between business analytics and business intelligence?

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Top Data Science Tools That Will Empower Your Data Exploration Processes

datapine

Data science tools are used for drilling down into complex data by extracting, processing, and analyzing structured or unstructured data to effectively generate useful information while combining computer science, statistics, predictive analytics, and deep learning. The TIOBE index confirms that the popularity of Python is increasing.

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How Can Finance Functions Become Analytics Leaders?

Jet Global

So, in aggregate, more than half (56%) of finance functions are on the side-lines of performance and unable to leverage analytics for insight and competitive advantage. FSN’s research shows that non-financial data is pivotal to being able to forecast further out on the time horizon. Helpfully, the research sheds light on this too.

Finance 78
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New technologies like AI and machine learning are driving the digital transformationMaking AI Real (Part 1)

Jedox

The demand for groundbreaking enterprise technologies leveraging artificial intelligence to enable the digital transformation is high. According to Forrester’s 2018 predictions for AI*, 70% of enterprise expect to implement AI over the next 12 months. Forbes 2018, 10 Predictions For AI, Big Data, And Analytics in 2018.

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What AI Means to a Data Scientist

Birst BI

For example, there are a plethora of software tools available to automatically develop predictive models from relational data, and according to Gartner, “By 2020, more than 40% of data science tasks will be automated, resulting in increased productivity and broader usage by citizen data scientists.” [1] Source: Gartner (April 2018).

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18 Examples Of Big Data Analytics In Healthcare That Can Save People

datapine

Then, they could use machine learning to find the most accurate algorithms that predicted future admissions trends. Analytics, already trending as one of the business intelligence buzzwords in 2019, has the potential to become part of a new strategy. 8) Predictive Analytics In Healthcare.

Big Data 364
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Is 2022 the Year for Finance Transformation

Jet Global

Earlier this year, Deloitte released a report entitled Finance 2025 Revisited in which analysts reviewed their predictions from 2018, assessed progress to date, and outlined their new predictions as they look ahead to the year 2025. We provide financial intelligence tools that integrate with over 140 different ERP systems.

Finance 52