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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

What is business analytics? Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. The discipline is a key facet of the business analyst role. Business analytics techniques.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). Data analytics vs. business analytics.

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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. About Smarten.

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What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

Smarten

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? This analytical forecasting method is suitable for instances when data is stationary/non stationary and is univariate, with any type of data pattern, i.e., level/trend/seasonality/cyclicity.

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What is SVM Classification Analysis and How Can It Benefit Business Analytics?

Smarten

SVM Classification Analysis can be used for many analytical tasks: Credit/Loan Approval Analysis – Given a list of client transactional attributes, a business can predict whether a client will default on a loan. Weather Forecasting – Based on temperature, humidity, pressure etc. Use Case – 1. About Smarten.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Data analytics is a task that resides under the data science umbrella and is done to query, interpret and visualize datasets. Business users will also perform data analytics within business intelligence (BI) platforms for insight into current market conditions or probable decision-making outcomes.

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What Are Data Trends and Patterns, and How Do They Impact Business Decisions?

Smarten

The business can use this information for forecasting and planning, and to test theories and strategies. If a business wishes to produce clear, accurate results, it must choose the algorithm and technique that is the most appropriate for a particular type of data and analysis. About Smarten.