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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE. They are using analytics to help drive business growth.

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What is a business analyst? A key role for business-IT efficiency

CIO Business Intelligence

Depending on the role, a business analyst might work with data sets to improve products, hardware, tools, software, services, or process. Organizations such as the IIBA, IQBBA, IREB, and PMI each offer their own tailored certifications for business analysis.

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What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Smarten

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity.

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What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

Smarten

To better understand multiple linear regression, let’s look at one such analysis of independent variables: Temperature and Humidity, and a target variable (yield). How Can Multiple Linear Regression Be Helpful for Business Analysis? Use Case – 1. About Smarten.

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Revolutionizing budgeting and planning processes for a retail giant

IBM Big Data Hub

Their business model was very complex, and it required massive data volumes to be processed. According to Chandak, “IBM Planning Analytics significantly simplified tasks by offering comprehensive governance throughout the entire budgeting process and unlocked substantial value for the organization.

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Augmented Analytics Algorithms and Techniques: Learning for Citizen Data Scientists

Smarten

This twenty-four (24) article series includes: Naïve Bayes Classification: What is Naïve Bayes Classification and How is it Used for Enterprise Analysis? Use Case(s): Weather Forecasting, Fraud Analysis and more. Use Case(s): Market Basket Analysis, Frequently Bundled Products and more.