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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Descriptive analytics uses historical and current data to describe the organization’s present state by identifying trends and patterns. Predictive analytics: What is likely to happen in the future? Prescriptive analytics: What do we need to do? This is the purview of BI. Kaiser Permanente streamlines operations.

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Automated Sales Forecasting with Predictive Analytics Making AI Real (Part 4)

Jedox

In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Making AI Real (Part 2).

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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

How is data analytics used in the travel industry? The travel and tourism industry can use predictive, descriptive, and prescriptive analytics to make data-driven decisions that ultimately enhance revenue, mitigate risk, and increase efficiencies. Using Alation, ARC automated the data curation and cataloging process.

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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. 4) Predictive And Prescriptive Analytics Tools. Business analytics of tomorrow is focused on the future and tries to answer the questions: what will happen? How can we make it happen?