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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

The value of Big Data is not solely dependent on the volume of data available, but on how it is utilized. The Big Data ecosystem is rapidly evolving, offering various analytical approaches to support different functions within a business. Descriptive Analytics is used to determine “what happened and why.”

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Decide to Decide Digitally: New Forrester Research

Decision Management Solutions

Neil Raden and I introduced the basic classification of decisions used here in our book, Smart (Enough) Systems , back in 2007: Strategic, one-time one-off decisions typically made with plenty of time for analysis. Apply simple descriptive analytics to identify means, standard deviations and trends that you can encode in your rules.

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What Is Embedded Analytics?

Jet Global

All of the above points to embedded analytics being not just the trendy route but the essential one. Users Want to Help Themselves Data mining is no longer confined to the research department. Today, every professional has the power to be a “data expert.” Diagnostic Analytics: No longer just describing.