Smarten

NOVEMBER 26, 2023

The Benefits of Business Intelligence (BI) As the Business Intelligence solution market evolves, it may be difficult for an organization to know when to invest in these tools, and which tools are best for enterprise and user needs. In this article, we will discuss the benefits of implementing BI tools within your organization.

Business Intelligence 40

Business Intelligence Data-driven Reporting Advertising 40

FineReport

MARCH 24, 2024

This article explores the data analyst job description, covering essential skills, tools, education, certifications, and experience. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Reporting 52

Sisense

AUGUST 19, 2020

Disrupting Markets is your window into how companies have digitally transformed their businesses, shaken up their industries, and even changed the world through the use of data and analytics. The use of big data analytics and cloud computing has spiked phenomenally during the last decade. Ready to disrupt the market?

Big Data 52

Big Data Machine Learning Digital Transformation Marketing 52

datapine

FEBRUARY 17, 2023

This is because BI providers are experts in the field and are always updating their solutions to keep up with new technologies and market changes. A report from Logi Analytics found that 83% of respondents don’t like to switch between standalone analytics apps and would rather use just one. click to enlarge** 3.

Analytics 191

Analytics Cost-Benefit Dashboards Business Intelligence 191

datapine

JANUARY 6, 2022

Based on that amount of data alone, it is clear the calling card of any successful enterprise in today’s global world will be the ability to analyze complex data, produce actionable insights and adapt to new market needs… all at the speed of thought. Business dashboards are the digital age tools for big data.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smarten

JUNE 28, 2018

This article discusses the analytical method of Hierarchical Clustering and how it can be used within an organization for analytical purposes. Business Benefit: Once the segments are identified, marketing messages and products can be customized for each segment. What is Hierarchical Clustering? About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Risk 40

Smarten

JUNE 26, 2018

This article provides a brief explanation of the FP Growth technique of Frequent Pattern Mining. Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible in some self-serve business intelligence solutions. What is the FP Growth Algorithm?

Business Intelligence 40

Business Intelligence Sales Predictive Modeling Statistics 40

Smarten

JUNE 25, 2018

This article provides a brief explanation of the KMeans Clustering algorithm. KMeans Clustering can be applied to segment customers by purchasing history, segment users by the activities they perform on a website, define demographic profiles based on interests, and recognize market patterns. What is the KMeans Clustering algorithm?

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

Smarten

JUNE 26, 2018

This article describes chi square test of association and hypothesis testing. This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. This analytical technique can be used for numerous purposes. Use Case – 1. Use Case – 2.

Testing 40

Testing Statistics IT Business Intelligence 40

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. About Smarten.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. For instance, if promotions and holiday seasons are significant factors, these factors should be given more focus when devising a marketing strategy. What is Multiple Linear Regression Analysis? Use Case – 2.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 21, 2018

This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment. Time series forecasting methods are used to extract and analyze data and statistics and characterize results to more accurately predict the future based on historical data.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Smarten

JUNE 29, 2018

This article focuses on the Independent Samples T Test technique of Hypothesis testing. Marketing – Does customer segment A spend more on groceries than customer segment B? Based on this value, the grocery store manager can decide on its marketing strategies for better sales and increased revenue.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 27, 2018

In this article, we will discuss the Decision Tree analysis method. Similarly, regression trees can also be used to identify the market segment, identifying who is more likely to respond to a future mailing. What is Decision Tree Analysis? There are two basic types of decision tree analysis: Classification and Regression.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. Business Problem: A market research agency wants to cluster various survey responders into groups, based on the rank correlation output. What is Spearman’s Rank Correlation? Use Case – 2.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 29, 2018

In this article, we discuss the analytical method known as frequent pattern mining, previously known as ‘association’ What is Frequent Pattern Mining? Cross Marketing and Selling – To work with other businesses that complement your own, not competitors. Use Case – 1. Use Case – 2.

Business Analysis 40

Business Analysis IT Business Intelligence Sales 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.

Analytics 40

Analytics Forecasting Statistics Sales 40

Smarten

JUNE 29, 2018

This article discusses the Paired Sample T Test method of hypothesis testing and analysis. How is the Paired Sample T Test Beneficial to Business Analysis? Marketing – Have sales increased following a particular campaign? What is the Paired Sample T Test? is the same in two related groups.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Smarten

JUNE 25, 2018

This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. Business Problem: Find out the average age and income for a particular type of product category purchased. For example, median is a better measure than mean if the business wishes to get an accurate picture.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

Domino Data Lab

JULY 22, 2019

You know, case in point, if you were to talk about predictive analytics 20 years ago, the main people in the field would have laughed you out of the room. Predictive analytics, yeah, not so much.” It’s like why on earth would any business people care about anything called tensor? I don’t know.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109