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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more. Business analytics also involves data mining, statistical analysis, predictive modeling, and the like, but is focused on driving better business decisions.

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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.

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Global Hospitals Embark On A Worldwide Medical Data Initiative

Smart Data Collective

In fact, on 25 May, 2018, the new European Global Data Protective Requirement legislation (GDPR) came into force. Other medical equipment manufacturers agree with this analysis. With ‘big data’, the idea is to foster a culture of measurement in hospitals. . Challenges of using big data in healthcare.

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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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Top Data Science Tools That Will Empower Your Data Exploration Processes

datapine

As a matter of fact, Python was declared as the most popular language in 2018 , and it will surely grow in the future as well. Computational mathematics is in the heart of this language, typically used in algorithm development, modeling and simulation, scientific and engineering graphics, data analysis, and exploration.

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2019 US Open Predictions: Doubling Down on the Data

DataRobot Blog

We started with the result of every match (and set scores) for ATP and WTA tour matches from 2010 through 2018. Once we had built this prediction model , we could take the draw of any tournament and simulate the results 100,000 times to find out how often each player would win with that particular draw.

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Defining data science in 2018

Data Science and Beyond

This article is a short summary of my understanding of the definition of data science in 2018. Kaggle was only about predictive modelling competitions back then, and so I believed that data science is about using machine learning to build models and deploy them as part of various applications. But what does it mean?