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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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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Diagnostic analytics: Diagnostic analytics helps pinpoint the reason an event occurred. Descriptive analytics: Descriptive analytics evaluates the quantities and qualities of a dataset. Manufacturers can analyze a failed component on an assembly line and determine the reason behind its failure.

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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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6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

Business intelligence can also be referred to as “descriptive analytics”, as it only shows past and current state: it doesn’t say what to do, but what is or was. Experience the power of Business Intelligence with our 14-days free trial! Driving performance and revenue is one of the relevant benefits of business analytics.