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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

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Interview with: Sankar Narayanan, Chief Practice Officer at Fractal Analytics

Corinium

How can advanced analytics be used to improve the accuracy of forecasting? The use of newer techniques, especially Machine Learning and Deep Learning, including RNNs and LSTMs, have high applicability in time series forecasting. Fractal’s 2018 Net Promoter Score is greater than 70. Incorporate these into subsequent releases.

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes. Forecasting: Forecasting analyzes historical data from a specific period to make informed estimates predictive of future events or behaviors. This is the purview of BI.

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5G use cases that are transforming the world

IBM Big Data Hub

This makes 5G’s Block Error Rate (BER)—a metric of error frequency—much lower. The 5G rollout began in 2018 with a global initiative known as the 3rd Generation Partnership Project (3FPP) that defined a new set of standards to steer the design of devices and applications for use on 5G networks.

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

datapine

Summing up the product of all this work, the data science team developed a web-based user interface that forecasts patient loads and helps in planning resource allocation by utilizing online data visualization that reaches the goal of improving the overall patients’ care. 2) Electronic Health Records (EHRs). click to enlarge**.

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Why is Natural Language Processing Important to Enterprise Analytics?

Smarten

An enterprise that commits to these types of advanced data analytics tools can enjoy the benefits of a shared understanding of data and goals, improved decision-making, fact-based analysis that avoids guesswork and allows for refined planning and forecasting at every level of the organization.

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What AI Means to a Data Scientist

Birst BI

Source: Gartner (April 2018). Use Birst Pronto to implement the model by creating an R transform step that creates a new metric. This new metric can then be networked into the governed semantic layer. Any business user or analyst can report on this new metric through a report or dashboard.