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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. Another way of saying this is: given observed data X, we can predict some outcome Y.

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Data Analytics Technology Proves Benefits of an MBA

Smart Data Collective

We have talked about ways that big data can help grow your business. But big data can also help demonstrate the importance of pursuing a degree in business as well. Data analytics technology is constantly shedding new insights into our lives. How can data analytics technology help back it up?

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6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. BI software uses algorithms to extract actionable insights from a company’s data and guide its strategic decisions.

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5 Analytic Tools Companies Use To Organize and Study their Data

Smart Data Collective

In today’s market, it’s hard to thrive or even just survive without collecting data. Data can help them create strategies based on these powerful forces. The good news is that it’s never been easier to collect and organize data. In the early days of analytics, only the largest companies could afford to leverage big data.

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Use a Data Strategy to Make Your Startup Profitable

Smart Data Collective

Big data is no longer a luxury for businesses. In the information, there are companies with big data strategies and those that fall behind. Big data and business intelligence are essential. However, the success of a big data strategy relies on its implementation. This is where big data comes into play.

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How data, AI and automation can transform the enterprise

IBM Big Data Hub

Today’s data leaders are expected to make organizations run more efficiently, improve business value, and foster innovation. Their role has expanded from providing business intelligence to management, to ensuring high-quality data is accessible and useful across the enterprise. Building the foundation: data architecture.

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Accomplish Agile Business Intelligence & Analytics For Your Business

datapine

Agile analytics (or agile business intelligence) is a term used to describe software development methodologies used in BI and analytical processes in order to establish flexibility, improve functionality, and adapt to new business demands in BI and analytical projects. Identify key business requirements and needs.