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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

What are the benefits of business analytics? Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more. 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

Quite simply, it is the means by which your business can optimize resources, encourage collaboration and rapidly and dependably distribute data across the enterprise and use that data to predict, plan and achieve revenue goals. Take for example, the task of performing predictive analytics.

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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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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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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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The future of casino marketing strategy is digital plus data

BizAcuity

In 2018, the US Supreme Court’s decision to legalize sports betting was historic. To fully utilize the benefit, high-end algorithms are deployed on digital assets and then data analysis is done to produce optimized marketing campaigns. Predictive Analytics. Gaming analytics is still evolving. Floor Optimization.