Business Over Broadway

MARCH 13, 2019

For our example, to answer our questions, we need to look at two types of analytics: 1) Descriptive and 2) Predictive. Descriptive analytics are used to indicate the current state of the world. I added the three loyalty metrics to the model. The next step is to analyze the data. Low correlations (near 0.o)

Statistics 78

Statistics Measurement Descriptive Analytics Machine Learning 78

Smart Data Collective

MARCH 11, 2022

Therefore, you need sophisticated customer analytics to analyze complex customer behavior. This article will go over the concept of customer service analytics and some of the uses and advantages it could provide to a business. What Is Customer Service Analytics? Customer Experience Analytics. Conclusion.

Customer Analytics 116

Customer Analytics Analytics Key Performance Indicator Big Data 116

datapine

MARCH 25, 2022

Try our professional BI and analytics software for 14 days free! In an article tackling BI and Business Analytics, Better Buys asked seven different BI pros what their thoughts were on the difference between business intelligence and analytics. Try our professional BI and analytics software for 14 days free!

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Domino Data Lab

JUNE 2, 2019

Note that there’s not enough room in an article to cover these presentations adequately so I’ll highlight the keynotes plus a few of my favorites. Then calculate the variance divided by the mean to construct a metric for noise in decision-making. For kicks, try calculating this kind of metric within your own organization.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

datapine

JANUARY 31, 2022

Business intelligence can also be referred to as “descriptive analytics”, as it only shows past and current state: it doesn’t say what to do, but what is or was. Experts say that BI and data analytics makes the decision-making process 5x times faster for businesses. Let’s look at our first use case.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Jet Global

MAY 1, 2023

Business End-User Benefits Embedding analytics into essential applications makes analytics more pervasive. As a result, end users can better view shared metrics (backed by accurate data), which ultimately drives performance. Visual Analytics Users are given data from which they can uncover new insights.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52