IBM Big Data Hub

JANUARY 25, 2024

trillion, up from USD 864 billion in 2019 to 2020. Considering that IDC surveyed 37% of companies that manage spare parts inventory by using spreadsheets, email, shared folders or an uncertain approach, it becomes evident that this practice carries more risk than it might seem. Now, consider the just-in-case approach.

Optimization 81

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 81

BizAcuity

MARCH 31, 2022

of organizations who participated in an executive survey back in 2019 claimed they are going to be investing in big data and AI. 85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams. Prescriptive Analytics: Prescriptive analytics is the most complex form of analytics.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Domino Data Lab

JUNE 2, 2019

Ludwig (@RandiRLudwig) May 23, 2019. Another gem of an observation from Michelle Ufford: too many prescriptive rules for how data teams approach problems leads to brittle process and ineffective culture. Ludwig (@RandiRLudwig) May 24, 2019. — David Amable (@adelanyo) May 23, 2019. — Randi R. — Randi R.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Sisense

JUNE 30, 2020

Broadly, there are three types of analytics: descriptive , prescriptive , and predictive. The simplest type, descriptive analytics , describes something that has already happened and suggests its root causes. Her debut novel, The Book of Jeremiah , was published in 2019.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

datapine

NOVEMBER 27, 2019

The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts. 2019 was a particularly major year for the business intelligence industry. 4) Predictive And Prescriptive Analytics Tools. Industries harness predictive analytics in different ways.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 4, 2019

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Prescriptive Analytics: What should we do? Mobile Analytics.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Andrew White

JANUARY 11, 2021

Some data is more a risk than valuable. What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? Risk Management (most likely within context of governance). Note: Delivery of data, analytics solutions and the sustainment of technology, data and services is a question.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52