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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

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

IBM Big Data Hub

It uses advanced tools to look at raw data, gather a data set, process it, and develop insights to create meaning. Areas making up the data science field include mining, statistics, data analytics, data modeling, machine learning modeling and programming. appeared first on IBM Blog.

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Trending Technologies for BI & Financial Planning and AnalysisMaking AI Real (Part 2)

Jedox

Part one of our blog series explored how people are the driving force behind the digital transformation and how it is fueled by artificial intelligence and machine learning. Now, we will take a deeper look into AI, Machine learning and other trending technologies and the evolution of data analytics from descriptive to prescriptive.

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What’s the Difference Between Business Intelligence and Business Analytics?

Sisense

The sheer quantity and scope of data produced and stored by your company can make it incredibly hard to peer through the number-fog to pick out the details you need. This is where Business Analytics (BA) and Business Intelligence (BI) come in: both provide methods and tools for handling and making sense of the data at your disposal.

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Five Steps for Building a Successful BI Strategy

Sisense

We’ve been talking a lot recently about companies needing to use their data in order to stay in business in the future. We’ve even gone as far as saying that every company is a data company , whether they know it or not. Every company has been generating data for a while now. But what is a BI strategy in today’s world?

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

BizAcuity

Combined, it has come to a point where data analytics is your safety net first, and business driver second. A lot of testing AI methods can be utilized for better and more accurate outcomes from mining the data. Prescriptive Analytics: Prescriptive analytics is the most complex form of analytics.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

4) Predictive And Prescriptive Analytics Tools. Business analytics of tomorrow is focused on the future and tries to answer the questions: what will happen? Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. How can we make it happen?