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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). Data analytics vs. business analytics.

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How Data Analytics Tools Eliminate Business Owner Headaches

Smart Data Collective

Big data has the power to transform any small business. However, many small businesses don’t know how to utilize it. One study found that 77% of small businesses don’t even have a big data strategy. If your company lacks a big data strategy, then you need to start developing one today.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

1] With the rise of Big Data in today’s world, Machine Learning (ML) is popularly used to identify, assess, and monitor financial risks as well as detect various suspicious activities and transactions. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

With the rise of Big Data in today’s world, Machine Learning (ML) is popularly used to identify, assess, and monitor financial risks as well as detect various suspicious activities and transactions. Predictive Analytics. Predictive modeling for flagging suspicious activity. These include-.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

To pursue a data science career, you need a deep understanding and expansive knowledge of machine learning and AI. And you should have experience working with big data platforms such as Hadoop or Apache Spark. The dedicated data analyst Virtually any stakeholder of any discipline can analyze data.

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How IBM Planning Analytics can help fix your supply chain

IBM Big Data Hub

With the right technology-foundation in place, it becomes easier to tackle the business alignment questions, starting with designing an end-to-end integrated business planning process that will lead efficiently to a consensus forecast (or plan).

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Announcing the 2020 Data Impact Award Winners

Cloudera

It hosts over 150 big data analytics sandboxes across the region with over 200 users utilizing the sandbox for data discovery. With this functionality, business units can now leverage big data analytics to develop better and faster insights to help achieve better revenues, higher productivity, and decrease risk. .