CIO Business Intelligence

JUNE 7, 2022

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

IBM Big Data Hub

SEPTEMBER 19, 2023

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. Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. The business department can view reports or update data fillings.

Statistics 52

Statistics Data mining Visualization Reporting 52

BizAcuity

MARCH 31, 2022

By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. of organizations who participated in an executive survey back in 2019 claimed they are going to be investing in big data and AI. Enterprise Artificial Intelligence.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

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. How do predictive and prescriptive analytics fit into this statistical framework?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Jet Global

MAY 1, 2023

Traditional BI Platforms Traditional BI platforms are centrally managed, enterprise-class platforms. These sit on top of data warehouses that are strictly governed by IT departments. The role of traditional BI platforms is to collect data from various business systems. Diagnostic Analytics: No longer just describing.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52