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 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

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).

Analytics 52

Analytics Forecasting Predictive Modeling Manufacturing 52

Smarten

JUNE 27, 2018

This article provides a brief explanation of the SVM Classification method of analytics. The prediction accuracy is useful criterion for assessing the model performance. Model with prediction accuracy >= 70% is useful. Weather Forecasting – Based on temperature, humidity, pressure etc. Use Case – 1.

Business Analytics 40

Business Analytics Analytics 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

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

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 109

Analytics Data mining Analytics Technologies Sales 109

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 125

IT Business Analysis Key Performance Indicator Cost-Benefit 125

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 91

Forecasting Cost-Benefit Sales Unstructured Data 91

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 Sales 75

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. Important benefits of PDM.

Management 52

Management Analytics Manufacturing Cost-Benefit 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

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 Reporting 52

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 Data-driven Predictive Modeling 52

Cloudera

FEBRUARY 25, 2021

AMPs move the starting line for any ML project by enabling data scientists to start with a full end-to-end project developed for a similar use case, including a trained and deployed ML model, as well as prebuilt predictive business applications, out of the box. The work of a machine learning model developer is highly complex.

Deep Learning 84

Deep Learning Machine Learning Forecasting Visualization 84

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

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 85

Big Data Recreation/Entertainment Cost-Benefit Finance 85

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 88

Forecasting Machine Learning Technology Enterprise 88

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

JUNE 20, 2018

The business can use this information for forecasting and planning, and to test theories and strategies. In prediction, the objective is to “model” all the components to some trend patterns to the point that the only component that remains unexplained is the random component. Stationary/Stationarity.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

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

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 105

Insurance Digital Transformation Risk Data-driven 105

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 102

Business Intelligence Predictive Analytics Data Collection Internet of Things 102

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. About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 29, 2018

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. Weather Forecasting – Based on temperature, humidity, pressure etc., About Smarten.

Enterprise 40

Enterprise IT Business Intelligence Forecasting 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 56

Business Analytics Analytics Recreation/Entertainment Cost-Benefit 56

Smarten

JUNE 29, 2018

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

Jet Global

OCTOBER 22, 2020

The world of business analytics is evolving rapidly. The size and scope of business databases have grown as ERP functionality has evolved, businesses have increased their adoption of CRM and marketing automation, and collaboration networks have become more common. OLAP Cubes vs. Tabular Models.

Modeling 52

Modeling OLAP Reporting Sales 52

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. With that in mind, we have prepared a list of the top 19 definitive data analytics and big data books, along with magazines and authentic readers’ reviews upvoted by the Goodreads community.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

IBM Big Data Hub

OCTOBER 19, 2023

Their business model was very complex, and it required massive data volumes to be processed. ” A comprehensive solution to maximize efficiency In Landmark Retail’s search for a capable, user-friendly solution, they turned to IBM® Planning Analytics. Because of this, the budgeting process was inefficient.

Forecasting 92

Forecasting Data-driven Business Analysis Sales 92

IBM Big Data Hub

NOVEMBER 30, 2022

Jabil is a longtime partner and IBM Business Analytics (BA) portfolio user, but before they made the switch to BA almost 15 years ago, they were using excel and spending most of their financial planning time trying to determine which numbers were most true for planning purposes. . Keeping it small, keeping it connected.

Reporting 52

Reporting Enterprise Finance Business Analytics 52

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): Weather Forecasting, Fraud Analysis and more.

Analytics 40

Analytics Forecasting Statistics Sales 40

CIO Business Intelligence

MARCH 22, 2022

Fractal Analytics has appointed Manish Tiwari as its CIO. He is expected to strengthen the company’s cloud solution portfolio, deliver an enhanced cloud experience for customers, and develop industry-specific solutions available on IaaS, PaaS, and SaaS models. December 2021. Airtel CISO Manish Tiwari joins Fractal as CIO.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

Sisense

APRIL 6, 2020

“From new regulations to fluctuations in demand and remote work, business leaders must face this new economic reality by addressing three distinct challenges with clarity: tracking rapidly changing circumstances, responding to volatility in both supply and demand, and maintaining a clear picture of business performance.”.

Analytics 98

Analytics Dashboards KPI Data-driven 98

AWS Big Data

OCTOBER 11, 2023

The availability of machine-readable files opens up new possibilities for data analytics, allowing organizations to analyze large amounts of pricing data. As hospitals generate this data, they can use their organization data or ingest data from other hospitals to derive analytics and competitive comparison.

Visualization 96

Visualization Dashboards Data-driven Gap analysis 96

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Sisense

MAY 27, 2021

Spending on AI is forecast to double over the span of four years, growing from just over $50 billion in 2020 to a whopping $110 billion in 2024. According to research by data analytics firm Exasol, 87% of U.S. These solutions should be accessible to all actors across a retail business. billion by 2027!

Forecasting 52

Forecasting Sales Analytics Marketing 52

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. 2) Top Business Intelligence Features. b) Analytics Features. For a few years now, Business Intelligence (BI) has helped companies to collect, analyze, monitor, and present their data in an efficient way to extract actionable insights that will ensure sustainable growth.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213