Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Complete Set of Analytical Techniques. Forecasting. Descriptive Statistics. Market Changes.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

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. Data science is an area of expertise that combines many disciplines such as mathematics, computer science, software engineering and statistics.

Data Science 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

Smarten

SEPTEMBER 28, 2022

Apply Predictive Analytics to Specific Business Use Cases for Real Results! Gartner has predicted that, ‘Overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’ Plan and forecast accurately.’. Plan and forecast accurately.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

Smarten

MARCH 13, 2018

Need Analytics for Business Users AND Data Scientists? Does your business intelligence solution provide true advanced analytics capabilities? No Problem! Can your BI tool satisfy the needs of business users, data scientists and IT staff? You can transform those business users into Citizen Data Scientists!

Predictive Modeling 40

Predictive Modeling Modeling Analytics Predictive Analytics 40

Jedox

MAY 17, 2022

Predictive analytics is a discipline that’s been around in some form since the dawn of measurement. We’ve always been trying to predict the future; go back in history to look at prognosticators like Nostradamus and many other prophets. A Brief History of Predictive Analytics. What is Predictive Analytics?

Predictive Analytics 81

Predictive Analytics Finance Forecasting Analytics 81

Smarten

AUGUST 21, 2019

Discover the Smarten approach to Augmented Analytics and Advanced Data Discovery tools. Assisted Predictive Modeling – These tools enable the average business user to leverage sophisticated predictive algorithms without requiring statistical or data science skills.

Analytics 51

Analytics Predictive Modeling Visualization Statistics 51

Smarten

JANUARY 21, 2019

If your business is like most, your average business user doesn’t know (or need to know) the details of sophisticated algorithms and analytical techniques. But, you DO want to encourage data literacy and provide your business users with the tools they need to perform analytics. Time Series Forecasting. ARIMA Forecasting.

Analytics 40

Analytics Predictive Modeling Forecasting Testing 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

datapine

AUGUST 14, 2019

To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations. It helps to automate and makes the usage of the R programming statistical language easier and much more effective. perfect for statistical computing and design.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series of errors. p: to apply autoregressive model on series.

Forecasting 40

Forecasting Enterprise IT Sales 40

Smarten

JULY 23, 2019

What is Predictive Analytics and How Can it Help My Business? What is predictive analytics? Put simply, predictive analytics is a method used to forecast and predict the future results and needs of an organization using historical data and a comprehensive set of data from across and outside the enterprise.

Modeling 63

Modeling Predictive Analytics Predictive Modeling IT 63

Smarten

DECEMBER 17, 2018

Biz Users Get Plug n’ Play Analytics, Data Scientists Get R Integration! But, they don’t have to be data scientists to use augmented analytics. The plug n’ play predictive analytics and predictive modeling platform is suitable for business users.

Predictive Analytics 40

Predictive Analytics Predictive Modeling Analytics Statistics 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. Ultimately, data science is used in defining new business problems that machine learning techniques and statistical analysis can then help solve.

Machine Learning 57

Machine Learning Data Science Statistics Deep Learning 57

Smarten

NOVEMBER 19, 2018

The process of predictive analytics has come far in the past decade. Today’s self-serve predictive analytics and forecasting tools are designed to support business users and data analysts alike. What is Predictive Analytics? Can Predictive Analytics Help You Achieve Business Objectives?

Business Objectives 40

Business Objectives Predictive Analytics Analytics Forecasting 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 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

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. Multiple Linear Regression is a statistical technique that is designed to explore the relationship between two or more variables (X, and Y). What is Multiple Linear Regression Analysis? About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 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

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

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

Birst BI

AUGUST 23, 2018

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]

Machine Learning 73

Machine Learning Data Science Testing Metrics 73

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

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

IBM Big Data Hub

DECEMBER 20, 2023

Instead of using explicit instructions for performance optimization, ML models rely on algorithms and statistical models that deploy tasks based on data patterns and inferences. In other words, ML leverages input data to predict outputs, continuously updating outputs as new data becomes available.

Machine Learning 79

Machine Learning Modeling Deep Learning Predictive Modeling 79

BI-Survey

JANUARY 29, 2023

Companies are therefore looking for ways to produce their plans and forecasts in less time, with less effort and with better results, because in a volatile market environment characterized by crises, there can no longer be “business as usual”, even in corporate planning. This also increasingly applies to forecasts and simulations.

Forecasting 52

Forecasting Predictive Modeling Measurement Finance 52

BI-Survey

NOVEMBER 24, 2020

This generates significant challenges for organizations in many areas and corporate planning and forecasting are no exceptions. The aim is to relieve planners and use historical data for valuable forecasts of the future. Planning, forecasting and analytics must be adapted to keep up with these demands.

Forecasting 94

Forecasting Predictive Modeling Statistics Data-driven 94

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. What is the point of those obvious statistical inferences? How does that work in practice?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

FineReport

APRIL 24, 2024

This simplification allows stakeholders to grasp the underlying patterns and trends within the data without getting lost in the complexity of raw numbers and statistics. Whether it’s a high-level overview for executives or detailed analytics for technical teams, visualizations can be tailored to cater to diverse audiences.

Visualization 52

Visualization Dashboards Interactive Key Performance Indicator 52

Smarten

JULY 9, 2018

Create Citizen Data Scientists with Assisted Predictive Modeling! If your business is looking for a comprehensive augmented advanced analytics solution, what are some of the critical factors to consider? You need Assisted Predictive Modeling (Plug n’ Play Predictive Analysis with auto-suggestions and recommendations).

Predictive Modeling 40

Predictive Modeling Modeling Predictive Analytics ROI 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

OCTOBER 9, 2018

Predictive Analytics is no longer limited to data scientists. When an organization is considering an investment or upgrade to support advanced analytics, it must offset the investment and implementation with ample benefit and advantages. In short, every part of the organization can benefit from advanced analytics advantages.

Predictive Analytics 40

Predictive Analytics Analytics Predictive Modeling Forecasting 40

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

JULY 3, 2017

For others, the image may be of an organization run amuck with business users leveraging sophisticated advanced analytics tools to create and share data that may be misinterpreted or distributed improperly. The term may conjure up images of novices trying to do the work of someone with years of training and failing miserably in the process.

Predictive Modeling 40

Predictive Modeling Visualization Business Intelligence Experimentation 40

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. 2) Double Exponential Smoothing Use Case.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Data Science and Beyond

JANUARY 8, 2017

My main problem with the Kissmetrics infographic is that it helps feed an illusion of understanding that is prevalent among those with no statistical training. If you only take away one thing from this article, let it be the reminder that it is unwise to blindly accept any formula or model.

Statistics 100

Statistics Modeling Predictive Modeling Marketing 100