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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. Now that we have described predictive and prescriptive analytics in detail, what is there left?

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics?

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Decoding Data Analyst Job Description: Skills, Tools, and Career Paths

FineReport

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

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Get Ready For These Six 2020 Business Intelligence Trends

Smart Data Collective

Just as companies are becoming more aware of the value of data, so are hackers — and as a result, the frequency and cost of data breaches are beginning to skyrocket. In the future, companies that come to rely on these new data sources will also need to protect that data — or risk the consequences.

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Express Cloudera POV on 2021 data trends in insurance

Cloudera

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. I’m sure you’ve already ready a number of trends and forecasts for 2021. Here I’ll comment on a few of the data and analytics-focused trends we see that will impact insurers in 2021 and beyond. .

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How Indian CIOs are staying ahead of changing demand for skills

CIO Business Intelligence

IT executives see talent shortage as the most significant adoption barrier to 64% of emerging technologies, ahead of implementation cost (29%) or security risk (7%), according to a September 2021 Gartner survey. CIO.com India asked IT leaders from different industries about the strategies they use to forecast which skills they will need.

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What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

However, some industries have more to benefit from Big Data than others and have reached impressive milestones because data science and data analytics have helped them streamline their operations. The implementation of Big Data has huge potential in the healthcare industry , and the past few years are only the beginning.