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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

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 business intelligence? This is the purview of BI.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

However, businesses today want to go further and predictive analytics is another trend to be closely monitored. Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. Industries harness predictive analytics in different ways.

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What is Automated Machine Learning (AutoML)?

Smarten

AutoML comes into play as business users leverage systems and solutions that are designed with Machine Learning capabilities to predict outcomes and analyze data. Take for example, the task of performing predictive analytics.

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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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Silver Sponsor ElegantJ BI Demonstrates Smarten Analytic at Gartner Data & Analytics Summit, June 5-6, Mumbai, India

Smarten

ElegantJ BI, an innovative vendor in Business Intelligence, Augmented Analytics and Augmented Data Preparation, is pleased to announce its participation in the Gartner 2018 INDIA Data & Analytics Summit from 5 – 6th June 2018 in Mumbai, India. ElegantJ BI is proud to be a Silver Sponsor at this important event.

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Role of Workforce Analytics in Event Industry

BizAcuity

Through workforce analytics, companies can get a comprehensive view of their employees designed to interpret historical trends and in creating predictive models that lead to insights and better decisions in the future. Workforce analytics in Event Industry – Its Relevancy in today’s HR environment. Image Source: [link].

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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).