Remove Big Data Remove Diagnostic Analytics Remove Predictive Analytics Remove Predictive Modeling
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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

In business analytics, this is the purview of business intelligence (BI). Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance. In business, predictive analytics uses machine learning, business rules, and algorithms.

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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. For example, retailers can predict which stores are most likely to sell out of a particular kind of product.

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

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. This is predictive power discovery.

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What Is Embedded Analytics?

Jet Global

Ideally, your primary data source should belong in this group. Modern Data Sources Painlessly connect with modern data such as streaming, search, big data, NoSQL, cloud, document-based sources. Quickly link all your data from Amazon Redshift, MongoDB, Hadoop, Snowflake, Apache Solr, Elasticsearch, Impala, and more.