Big Data, Diagnostic Analytics, IoT and Risk

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

OCTOBER 6, 2023

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable.

Business Analytics

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics

Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

MARCH 31, 2022

of organizations who participated in an executive survey back in 2019 claimed they are going to be investing in big data and AI. 85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams. Integrating IoT and route optimization are two other important places that use AI.

Data Analytics

Data Analytics Analytics Prescriptive Analytics Predictive Analytics

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

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