Remove 2018 Remove Optimization Remove Predictive Modeling Remove Visualization
article thumbnail

What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Research firm Gartner defines business analytics as “solutions used to build analysis models and simulations to create scenarios, understand realities, and predict future states.”. Business analytics also involves data mining, statistical analysis, predictive modeling, and the like, but is focused on driving better business decisions.

article thumbnail

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. Companies are no longer wondering if data visualizations improve analyses but what is the best way to tell each data-story. 2) Data Discovery/Visualization. Data exploded and became big.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Can My Business Achieve Optimal Analytics Without Hiring Dozens of Data Scientists?

Smarten

The Gartner report entitled, ‘Augmented Analytics Is the Future of Data and Analytics, published on October 31, 2018, includes the following strategic assumptions: By 2025, a scarcity of data scientists will no longer hinder the adoption of data science and machine learning in organizations. Ability to achieve mature modeling goals.

article thumbnail

Top Data Science Tools That Will Empower Your Data Exploration Processes

datapine

To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations. provides the user with visualizations, code editor, and debugging. connecting data sources and predicting future outcomes. Let’s get started.

article thumbnail

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. What is Automated Machine Learning?

article thumbnail

Proven, Rapid ROI Assures Project Funding for Augmented Analytics Projects

Smarten

The Gartner report entitled, ‘Augmented Analytics Is the Future of Data and Analytics, published on October 31, 2018, includes the following strategic assumptions: By 2020, augmented analytics will be a dominant driver of new purchases of analytics and BI as well as data science and machine learning platforms, and of embedded analytics.

ROI 40
article thumbnail

What AI Means to a Data Scientist

Birst BI

Data scientists building AI applications require numerous skills – data visualization, data cleansing, artificial intelligence algorithm selection and diagnostics. Source: Gartner (April 2018). Our goal is to create science solutions that make better predictions or result in more optimal decisions.