Smarten

JUNE 27, 2018

This article provides a brief explanation of the SVM Classification method of analytics. SVM Classification Analysis can be used for many analytical tasks: Credit/Loan Approval Analysis – Given a list of client transactional attributes, a business can predict whether a client will default on a loan.

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

IBM Big Data Hub

MAY 17, 2024

AI models analyze vast amounts of data quickly and accurately. They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions.  The applications of AI in commerce are vast and varied.

B2B 64

B2B Interactive Optimization Forecasting 64

Smarten

JUNE 20, 2018

In this article, we will focus on the identification and exploration of data patterns and the trends that data reveals. The business can use this information for forecasting and planning, and to test theories and strategies. In this article, we have reviewed and explained the types of trend and pattern analysis.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

IBM Big Data Hub

JULY 6, 2023

Areas making up the data science field include mining, statistics, data analytics, data modeling, machine learning modeling and programming. One ride-hailing transportation company uses big data analytics to predict supply and demand, so they can have drivers at the most popular locations in real time.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. Multiple linear regression models are useful in helping an enterprise to consider the impact of multiple independent predictors and variables on a dependent variable, and can be beneficial for forecasting and predicting results.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 29, 2018

This article will focus on the Naïve Bayes Classification method of analysis. The Naive Bayes classifier assumes that every feature/predictor is independent, which is not always the case, so it is important to understand the type of data you are analyzing before choosing this, or any other, analytical technique. About Smarten.

Enterprise 40

Enterprise IT Business Intelligence Forecasting 40

datapine

MARCH 25, 2022

1) What Is Business Intelligence And Analytics? If someone puts you on the spot, could you tell him/her what the difference between business intelligence and analytics is? We already saw earlier this year the benefits of Business Intelligence and Business Analytics. What Is Business Intelligence And Analytics?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smarten

JUNE 29, 2018

In this article, we will discuss the KNN Classification method of analysis. Business Benefit: Given the health and body profile of a patient and the recent treatments and drugs prescribed for the patient, the doctor can predict the probability and make recommendations on changes in treatment/drugs. About Smarten.

Enterprise 40

Enterprise Business Intelligence Predictive Modeling Statistics 40

Smarten

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools. Use Case(s): Average value of all cars in U.S.

Analytics 40

Analytics Forecasting Statistics Sales 40

IBM Big Data Hub

JULY 5, 2023

In this article, we’ll take a look at some best practices that successful businesses use to care for their assets and extend their useful lives. This information is then used to build predictive models of asset performance over time and help spot potential problems before they arise.

Strategy 53

Strategy Management IoT Cost-Benefit 53

Smarten

JUNE 20, 2023

Citizen Data Scientists Can Use Assisted Predictive Modeling to Create, Share and Collaborate! Gartner has predicted that, ‘40% of data science tasks will be automated, resulting in increased productivity and broader usage by citizen data scientists.’

Predictive Modeling 52

Predictive Modeling Modeling Forecasting Data Science 52

Smarten

JUNE 14, 2019

In this, the last article in our three-article series we discuss Natural Language Processing and how it can benefit a business. What is Natural Language Processing (NLP) Driven Analytics? Natural Language Processing (NLP) is an integral part of today’s advanced analytics.

Cost-Benefit 40

Cost-Benefit IT Predictive Modeling Business Intelligence 40

Smarten

DECEMBER 5, 2022

When a business or a manager is trying to illustrate the value of augmented analytics to its business users, there is nothing more helpful than providing examples. Gartner predicts that, ‘90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Forecasting Testing 52

datapine

NOVEMBER 27, 2019

The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts. Businesses of all sizes are no longer asking if they need increased access to business intelligence analytics but what is the best BI solution for their specific business.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

JANUARY 27, 2023

How Can I Encourage Data Democratization with BI and Augmented Analytics Tools? Put simply, BI democratization is the open access to business intelligence and analytical tools to enable analysis and understanding of the data within the enterprise systems. What is business intelligence democratization? Who gets access to the data?

Analytics 52

Analytics Business Intelligence Predictive Modeling Predictive Analytics 52

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?

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Smarten

DECEMBER 3, 2023

What is Augmented Analytics and How Has it Evolved? Perhaps your business is considering an augmented analytics solution, or your enterprise already has some version of business intelligence or analytics and it wishes to upgrade or transition to a more beneficial solution.

Key Performance Indicator 52

Key Performance Indicator Analytics IT Predictive Analytics 52

Smarten

JUNE 21, 2018

This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment. What is the Holt-Winters Forecasting Algorithm? The Holt-Winters algorithm is used for forecasting and It is a time-series forecasting method.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Jet Global

MAY 1, 2023

Introduction Why should I read the definitive guide to embedded analytics? But many companies fail to achieve this goal because they struggle to provide the reporting and analytics users have come to expect. The Definitive Guide to Embedded Analytics is designed to answer any and all questions you have about the topic.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Data Science and Beyond

JANUARY 8, 2017

However, it’s important to remember that all models are wrong (but some models are useful) , and that the lifetime value of active customers is unknowable since it involves forecasting of uncertain quantities. Python and Bayesian ). The documentation on GitHub is quite good, so I won’t repeat it here.

Statistics 100

Statistics Modeling Predictive Modeling Marketing 100

Jet Global

JULY 17, 2023

In fact, most project teams spend 60 to 80 percent of total project time cleaning their data—and this goes for both BI and predictive analytics. The column to predict here is the Salary, using other columns in the dataset.

Predictive Analytics 52

Predictive Analytics Reporting Strategy Software 52