Rocket-Powered Data Science

MARCH 19, 2021

The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. But more significant has been the acceleration in the number of dynamic, real-time data sources and corresponding dynamic, real-time analytics applications. Well, that statement was made five years ago!

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

CIO Business Intelligence

JUNE 7, 2022

What is data analytics? Data analytics is a discipline focused on extracting insights from data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. What are the four types of data analytics?

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. It focuses on data collection and management of large-scale structured and unstructured data for various academic and business applications.

Data Science 81

Data Science Data Analytics Prescriptive Analytics Analytics 81

Analytics Vidhya

OCTOBER 9, 2020

The post 35 Classic Excel Hacks, Tips and Tricks for Analytics Professionals on Excel’s 35th Birthday! appeared first on Analytics Vidhya. Overview Microsoft Excel hacks, tips and tricks help make you a better analyst On Excel’s 35th birthday, we present 35 hacks, tips, and tricks.

Analytics 298

Analytics Forecasting Business Analytics 298

Smarten

SEPTEMBER 14, 2018

You can’t get a business loan, join with a business partner, successfully bid on a project, open a new location, hire the right employees or plan for the future without predictive analytics. And, with Assisted Predictive Modeling , you can make these tasks even easier.

Predictive Modeling 40

Predictive Modeling Business Analytics Modeling Analytics 40

IBM Big Data Hub

OCTOBER 5, 2022

IBM Planning Analytics, or TM1 as it used to be known, has always been a powerful upgrade from spreadsheets for all kinds of planning and reporting use cases, including financial planning and analysis (FP&A), sales & operations planning (S&OP), and many aspects of supply chain planning (SCP). Then, everything comes together.

Analytics 52

Analytics Forecasting Predictive Modeling Manufacturing 52

Jen Stirrup

SEPTEMBER 19, 2019

360 Orlando and I’m presenting a workshop on From Business Intelligence to Business Analytics with the Microsoft Data Platform. Data becomes relevant for decision making when we start to use it properly, so this workshop will demonstrate the use of analytics for real-life use cases. Power BI and Marketing Data.

Business Analytics 40

Business Analytics Analytics Statistics Dashboards 40

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. Use Case – 1.

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? This analytical forecasting method is suitable for instances when data is stationary/non stationary and is univariate, with any type of data pattern, i.e., level/trend/seasonality/cyclicity.

Forecasting 40

Forecasting Enterprise IT Sales 40

Smart Data Collective

OCTOBER 31, 2021

Analytics technology is incredibly important in almost every facet of business. Virtually every industry has found some ways to utilize analytics technology, but some are relying on it more than others. The e-commerce sector is among those that has relied most heavily on analytics technology.

Analytics 105

Analytics Data mining Analytics Technologies Sales 105

Smarten

APRIL 18, 2019

Data analytics software used to be reserved for data scientists, analysts and IT staff but not today! Talk to any business colleague or pick up any technology analyst article and you will find plenty of discussion about the current use of data analytics tools and impressive predictions about the growth of this market.

Software 51

Software Data Analytics Analytics Forecasting 51

CIO Business Intelligence

OCTOBER 6, 2023

What is a business analyst? Business analysts (BAs) are responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements, and deliver data-driven recommendations and reports to executives and stakeholders.

IT 128

IT Business Analysis Key Performance Indicator Cost-Benefit 128

BizAcuity

AUGUST 26, 2019

This is what makes the casino industry a great use case for prescriptive analytics technologies and applications. The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation. Image source: [link].

Prescriptive Analytics 74

Prescriptive Analytics Analytics Descriptive Analytics Predictive Analytics 74

BizAcuity

FEBRUARY 22, 2019

Financial Analytics – An Outlook. In today’s world of competitive businesses, analytics is an essential part of staying competitive especially in this digital era where data is omnipresent. Financial analytics is becoming an important and inherent part of software applications that are being used by event industry.

Analytics 75

Analytics Cost-Benefit Finance ROI 75

Cloudera

JANUARY 5, 2021

In today’s retail environment, retailers realize that building demand forecasts simply based upon historical transaction, promo, and pricing data alone is not good enough. Retail supply chains are a recognized and proven source of ROI when data analytics are leveraged to improve forecast accuracy and product availability.

Forecasting 93

Forecasting Cost-Benefit Sales Unstructured Data 93

Jedox

MAY 7, 2021

For organizations already using Microsoft Power BI for their business analytics, implementing a modern planning solution that offers seamless integration with Microsoft 365 maximizes the value and insights from your existing Power BI investment.

Forecasting 69

Forecasting Data-driven Visualization Finance 69

Jim Harris

MAY 12, 2015

A decade ago the phrase cloud-based analytics would have conjured images of meteorologists basing their weather forecasts on the analysis of data describing cloud formations and atmospheric movements. This is somewhat similar to the data and technology today’s meteorologists rely on for creating accurate weather forecasts.

Analytics 45

Analytics Forecasting Data-driven Measurement 45

Sisense

FEBRUARY 1, 2021

As we clarify the functional distinction between the two types of frameworks and summarize the rationale for choosing one or the other, an exciting new event in the evolution of product life cycle management emerges: The application of machine-learning-based (ML) analytics is sharpening PLM frameworks. The analytics edge in PLM functionality.

Management 52

Management Analytics Manufacturing Cost-Benefit 52

BizAcuity

AUGUST 26, 2019

This is what makes the casino industry a great use case for prescriptive analytics technologies and applications. The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation. Image source: [link].

Prescriptive Analytics 40

Prescriptive Analytics Analytics Descriptive Analytics Forecasting 40

CIO Business Intelligence

JULY 28, 2023

Engaged customers are vital to the success of any business. Analytics is central to understanding what works for your customers. But how do you get them to share actionable data? Of course, customers are willing to share data in return for better services and products. These require customer data.

Strategy 95

Strategy Enterprise Risk Forecasting 95

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. Utilizing standard methods, they collect, analyze, and interpret data to provide valuable business information.

Statistics 52

Statistics Data mining Visualization Sales 52

IBM Big Data Hub

SEPTEMBER 30, 2022

That’s where business analytics comes in. What is IBM Business Analytics? IBM is helping clients successfully navigate the age of the unexpected with IBM Business Analytics , an enterprise-grade, trusted, scalable and integrated analytics solution portfolio. The benefits of business analytics.

Business Analytics 52

Business Analytics Analytics Prescriptive Analytics Forecasting 52

datapine

MARCH 25, 2022

1) What Is Business Intelligence And Analytics? 4) How Do BI And BA Apply To Business? 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.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smarten

NOVEMBER 3, 2017

The world of business analytics has changed dramatically in the past few years. If your business is looking to upgrade BI tools or to begin implementing an analytics solution, the solution must be user friendly for business users. These tools are necessary to business success in today’s market.

Analytics 40

Analytics Visualization Experimentation Cost-Benefit 40

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Predictive Modeling Data-driven 52

datapine

AUGUST 14, 2019

Companies surely need data scientists to help them empower their analytics processes, build a numbers-based strategy that will boost their bottom line, and ensure that enormous amounts of data are translated into actionable insights. But being an inquisitive Sherlock Holmes of data is no easy task. Source: RStudio.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Jet Global

JULY 21, 2021

Widely recognized in the industry, CALUMO earned top-rankings in the budgeting and planning technology, ease of use, product satisfaction, and additional categories highlighted in the Business Application Research Center’s (BARC) BI & Analytics Survey 21 , the largest annual survey of BI and analytics software users in the industry.

Finance 98

Finance Reporting Marketing Forecasting 98

IBM Big Data Hub

NOVEMBER 2, 2022

Most recently we held an event at the IBM Data and AI Forum in Germany ( available on demand here ) where we shared the latest news in our business analytics portfolio. This suite of solutions helps transform the way clients can access, manage and consume business insights. IBM Planning Analytics as-a-Service on AWS.

Data-driven 62

Data-driven Business Analytics Analytics Business Intelligence 62

CIO Business Intelligence

MARCH 16, 2022

CIO.com India asked IT leaders from different industries about the strategies they use to forecast which skills they will need. It’s important to have a mindset that is open to problem solving, abstraction techniques, research, creativity, decision making, analytical skills, and communication.”. Mindset over skillset.

Forecasting 98

Forecasting Machine Learning Technology Enterprise 98

Smart Data Collective

FEBRUARY 2, 2021

However, some industries have more to benefit from Big Data than others and have reached impressive milestones because data science and data analytics have helped them streamline their operations. On the surface, the use of data analytics in hospitals and clinics offers an easy way to streamline operations and avoid human error.

Big Data 83

Big Data Recreation/Entertainment Cost-Benefit Finance 83

Rita Sallam

JULY 22, 2016

And here we are now, past the tipping point of a more than 10 to 11 year transition away from IT-centric reporting platforms to modern BI and analytics platforms that make up much of the new buying in the BI and Analytics market. A modern BI platform supports IT-enabled analytic content development.

Analytics 40

Analytics Business Intelligence Metadata Statistics 40

Smarten

JUNE 20, 2018

The business can use this information for forecasting and planning, and to test theories and strategies. For example, the decision to the ARIMA or Holt-Winter time series forecasting method for a particular dataset will depend on the trends and patterns within that dataset.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

IBM Big Data Hub

MAY 12, 2022

The IBM Data and AI team has seen organizations saddled with data and analytics spread across the organizations accessible to only a certain set of users. This results in the needed analytics being siloed and underutilized by decision makers who could benefit from this data and content…if they only knew it existed and was accessible.

Business Analytics 57

Business Analytics Analytics Recreation/Entertainment Cost-Benefit 57

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

Business Intelligence 100

Business Intelligence Predictive Analytics Data Collection Internet of Things 100

Cloudera

FEBRUARY 25, 2021

Use an interpretable approach to forecasting electricity demand data for California. The AMP implements both a model diagnostic app and a small forecasting interface that allows asking smart, probabilistic questions of the forecast. This notebook also demonstrates several downstream analyses. Structural Time Series.

Deep Learning 85

Deep Learning Machine Learning Forecasting Visualization 85

Cloudera

FEBRUARY 18, 2021

I’m sure you’ve already ready a number of trends and forecasts for 2021. Here I’ll comment on a few of the data and analytics-focused trends we see that will impact insurers in 2021 and beyond. . As data and analytics keep expanding, so do the regulations surrounding customer privacy and rights. .

Insurance 106

Insurance Digital Transformation Risk Data-driven 106