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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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10 tips for getting started with decision intelligence

CIO Business Intelligence

For organizations looking to move beyond stale reports, decision intelligence holds promise, giving them the ability to process large amounts of data with a sophisticated mix of tools such as artificial intelligence and machine learning to transform data dashboards and business analytics into more comprehensive decision support platforms.

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7 famous analytics and AI disasters

CIO Business Intelligence

Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year.

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Overcoming Common Challenges in Natural Language Processing

Sisense

While training a model for NLP, words not present in the training data commonly appear in the test data. Because of this, predictions made using test data may not be correct. Using the semantic meaning of words it already knows as a base, the model can understand the meanings of words it doesn’t know that appear in test data.