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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

We detailed the benefits and costs of good or bad quality data in our previous article on data quality management , where you can read the five important pillars to follow. However, businesses today want to go further and predictive analytics is another trend to be closely monitored. 4) Predictive And Prescriptive Analytics Tools.

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Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

This article quotes an older market projection (from 2019) , which estimated “the global industrial IoT market could reach $14.2 Another dimension to this story, of course, is the Future of Work discussion, including creation of new job titles and roles, and the demise of older job titles and roles. trillion by 2030.”.

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Top 10 Analytics And Business Intelligence Buzzwords For 2020

datapine

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. The commercial use of predictive analytics is a relatively new thing.

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Delivering Low-latency Analytics Products for Business Success

Rocket-Powered Data Science

I recently saw an informal online survey that asked users what types of data (tabular; text; images; or “other”) are being used in their organization’s analytics applications. This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative.

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3 Things Citizen Data Scientists Need in Predictive Analytics!

Smarten

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.’ Descriptive Statistics. Access to Flexible, Intuitive Predictive Modeling. Competitive Changes. Forecasting.

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The Power of Graph Databases, Linked Data, and Graph Algorithms

Rocket-Powered Data Science

And this: perhaps the most powerful node in a graph model for real-world use cases might be “context”. How does one express “context” in a data model? Ahh, that’s the topic for another article. Hence, the graph model can be applied productively and effectively in numerous network analysis use cases.

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Data science vs. machine learning: What’s the difference?

IBM Big Data Hub

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.