article thumbnail

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.

article thumbnail

How Data Cleansing Can Make or Break Your Business Analytics

Smart Data Collective

Big data technology has helped businesses make more informed decisions. A growing number of companies are developing sophisticated business intelligence models, which wouldn’t be possible without intricate data storage infrastructures. One of the biggest issues pertains to data quality.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

With its vast assortment of sensors and streams of data that yield digital insights in situ in almost any situation, the IoT / IIoT market has a projected market valuation of $1.5 Traditional business analytics approaches (on laptops, in the cloud, or with static datasets) will not keep up with this growing tidal wave of dynamic data.

article thumbnail

The Role of Data Analytics in Football Performance

Smart Data Collective

We have talked extensively about the many industries that have been impacted by big data. many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. However, many other industries have also been affected by advances in big data technology.

article thumbnail

What to Know Before Recruiting an Analyst to Handle Company Data

Smart Data Collective

The rate of growth at which world economies are growing and developing thanks to new technologies in information data and analysis means that companies are needing to prepare accordingly. As a result of the benefits of business analytics , the demand for Data analysts is growing quickly.

article thumbnail

What is business intelligence? Transforming data into business insights

CIO Business Intelligence

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions. How many members have we lost or gained this month?

article thumbnail

What is a business intelligence analyst? A key role for data-driven decisions

CIO Business Intelligence

Business intelligence (BI) analysts transform data into insights that drive business value. This is done by mining complex data using BI software and tools , comparing data to competitors and industry trends, and creating visualizations that communicate findings to others in the organization.