CIO Business Intelligence

JUNE 7, 2022

What are the four types of data analytics? 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 135

Data Analytics Diagnostic Analytics Management Analytics 135

BizAcuity

AUGUST 26, 2019

The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation. Thus arrives the need for casinos to adopt such new strategies and approaches towards business to stay ahead.

Prescriptive Analytics 74

Prescriptive Analytics Analytics Descriptive Analytics Predictive Analytics 74

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Reporting 52

BizAcuity

AUGUST 26, 2019

The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation. Thus arrives the need for casinos to adopt such new strategies and approaches towards business to stay ahead.

Prescriptive Analytics 40

Prescriptive Analytics Analytics Descriptive Analytics Predictive Analytics 40

datapine

MARCH 25, 2022

We already saw earlier this year the benefits of Business Intelligence and Business Analytics. In an article tackling BI and Business Analytics, Better Buys asked seven different BI pros what their thoughts were on the difference between business intelligence and analytics. Confused yet?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Rocket-Powered Data Science

OCTOBER 6, 2023

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. This is predictive power discovery. They are sentinel, precursor, and cognitive analytics.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157