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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. Prescriptive analytics: What do we need to do? Simplilearn adds a fourth technique : Diagnostic analytics: Why is it happening?

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

4) Predictive And Prescriptive Analytics Tools. Business analytics of tomorrow is focused on the future and tries to answer the questions: what will happen? Prescriptive analytics goes a step further into the future. 1 for data analytics trends in 2020. How can we make it happen?

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Role of Workforce Analytics in Event Industry

BizAcuity

Workforce Analytics in simple terms can be defined as an advanced set of software and methodology tools that measures, characterizes, and organizes sophisticated employee data and these tools helps in understanding the employee performance in a logical way. Workforce analytics in Event Industry – Its Relevancy in today’s HR environment.

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A Guide to Data Analytics in the Travel Industry

Alation

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. Some companies struggle to optimize their data’s value and leverage analytics effectively.