datapine

JANUARY 31, 2022

BI users analyze and present data in the form of dashboards and various types of reports to visualize complex information in an easier, more approachable way. 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.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Smarten

JANUARY 27, 2023

Smarten CEO, Kartik Patel says, ‘The addition of PMML integration capability enables faster roll-out and allows users to leverage the Smarten workflow for PMML predictive models, adding more flexibility and power to the Smarten suite of augmented analytics tools.’

Predictive Modeling 52

Predictive Modeling Analytics Predictive Analytics Business Intelligence 52

IBM Big Data Hub

SEPTEMBER 19, 2023

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

datapine

AUGUST 29, 2022

7) Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die by Eric Siegel. Best for: someone who has heard a lot of buzz about predictive analytics, but doesn’t have a firm grasp on the subject. – Eric Siegel, author, and founder of Predictive Analytics World.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Smarten

JUNE 27, 2018

the organization can predict the likelihood of an employee submitting fraudulent expenses. How Can SVM Classification Analysis Benefit Business Analytics? Let’s examine two business use cases where SVM Classification can benefit the organization. Use Case – 1. About Smarten.

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

datapine

JANUARY 6, 2022

Based on that amount of data alone, it is clear the calling card of any successful enterprise in today’s global world will be the ability to analyze complex data, produce actionable insights and adapt to new market needs… all at the speed of thought. Business dashboards are the digital age tools for big data. trillion gigabytes!

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

BizAcuity

APRIL 1, 2023

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. Exploratory Data Analysis (EDA) EDA is used to analyze data and summarize their main properties and characteristics using visual techniques.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Smarten

JUNE 29, 2018

’ ARIMAX is related to the ARIMA technique but, while ARIMA is suitable for datasets that are univariate (see the article, entitled’ What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?’). How Can ARIMAX Forecasting Be Used for Enterprise Analysis?

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

NOVEMBER 8, 2022

“By the end of this course, participants will understand the role and value of Citizen Data Scientists and the benefits to the organization, as well as the integration points and cultural shifts that will position analytical professionals and Citizen Data Scientists to work more productively,” Patel says.

Business Intelligence 52

Business Intelligence Predictive Modeling Statistics Data-driven 52

Smarten

NOVEMBER 26, 2023

The Benefits of Business Intelligence (BI) As the Business Intelligence solution market evolves, it may be difficult for an organization to know when to invest in these tools, and which tools are best for enterprise and user needs. In this article, we will discuss the benefits of implementing BI tools within your organization.

Business Intelligence 40

Business Intelligence Data-driven Advertising Reporting 40

BizAcuity

JANUARY 18, 2023

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. EDA is used to analyze data and summarize their main properties and characteristics using visual techniques. Predictive Analytics. Exploratory Data Analysis (EDA).

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Smarten

JULY 26, 2022

The Smarten mobile application provides intuitive dashboards and reports, stunning visualizations, dynamic charts and graphs and key performance indicators (KPIs). All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists.

Key Performance Indicator 74

Key Performance Indicator Analytics Business Intelligence Dashboards 74

FineReport

MARCH 24, 2024

Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue. Predictive analytics: Forecasting likely outcomes based on patterns and trends to facilitate proactive decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

Smarten

JUNE 26, 2018

How Can the ARIMA Forecasting Method Be Used for Enterprise Analysis? Business Problem: A pharmaceutical company wants to predict the sales of a drug for the next two months, based on drug sales data from the past 12 months. It converts non-stationary data to stationary to allow for a fairly constant level over time.

Forecasting 40

Forecasting Enterprise IT Sales 40

Smarten

JUNE 25, 2018

This method is used to find groups that have not been explicitly labeled in the data, and it can be used to confirm business assumptions about what types of groups exist, or to identify unknown groups in complex data sets. How Does an Enterprise Use the KMeans Clustering Algorithm to Analyze Data? Use Case – 2.

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

How Can the Karl Pearson Correlation Method Be Used to Target Enterprise Analytical Needs? Business Problem: A bank wants to find the correlation between income and credit card delinquency rate of credit card holders. must be converted to numeric ranking, i.e., 1,2,3,4,5.

Enterprise 40

Enterprise IT Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

Here is a sample of simple linear regression analysis, considering the effects of temperature on crop yield: Simple linear regression is limited to predicting numeric output i.e., dependent variable has to be numeric in nature. How Can the Enterprise Use Simple Linear Regression to Analyze Data? Use Case – 1.

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Smarten

JUNE 21, 2018

How Can Holt-Winters Forecasting Be Used for Enterprise Analysis? These augmented analytics tools use machine learning to auto-detect and recommend the best algorithm so users do not have to guess at the right selection. Smart Visualization ensures that data and its interpretation are clearly depicted in simple, natural language.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Smarten

APRIL 12, 2023

Smarten announces the launch of SnapShot Anomaly Monitoring Alerts for Smarten Augmented Analytics. SnapShot Monitoring provides powerful data analytical features that reveal trends and anomalies and allow the enterprise to map targets and adapt to changing markets with clear, prescribed actions for continuous improvement.

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

Smarten

JUNE 29, 2018

As the majority class = Good for the three nearest neighbors (two out of three records have class = Good), predicted class of an instance = Good, i.e. quality of a paper tissue having acid durability =3 and strength =7 is good. How Can KNN Classification Help an Enterprise?

Enterprise 40

Enterprise Business Intelligence Predictive Modeling Statistics 40

Jet Global

JUNE 22, 2023

BI and analytics are both umbrella terms referring to a type of data insight software. Many providers use them interchangeably, but some use them in conjunction, claiming to offer both business intelligence and business analytics. One school of thought distinguishes BI and business analytics along these past/future lines.

Analytics 52

Analytics Business Intelligence Reporting Sales 52

Smarten

JUNE 29, 2018

How Can Naïve Bayes Be Used for Enterprise Analysis? an organization can predict if it will be rainy/sunny/windy tomorrow. Naïve Bayes performs well in cases of categorical input variables compared to numerical variables. For numerical variable, normal distribution is assumed which is a strong assumption.

Enterprise 40

Enterprise IT Business Intelligence Forecasting 40

Smarten

APRIL 19, 2022

Smarten Sentiment Analysis is simple enough for business users and allows every enterprise to democratize data, improve data literacy and cascade analytics to every team and every user in the organization. Original Post : Smarten Announces Sentiment Analysis Capability Designed for Business Users!

Slice and Dice 57

Slice and Dice Business Intelligence Advertising Predictive Modeling 57

Smarten

JUNE 17, 2022

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Analytics 67

Analytics IT Business Intelligence Predictive Modeling 67

Smarten

JUNE 25, 2018

How Does One Choose the Right Descriptive Statistics Algorithm for Enterprise Analysis? Business Problem: Find out the average age and income for a particular type of product category purchased. Let’s look at a few use cases for the various types of descriptive statistics. 1) Mean/Median.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

Smarten

DECEMBER 3, 2023

Let’s look at some of the reasons business intelligence (BI) and augmented analytics are important to your business and the benefits this type of solution can provide for your enterprise. Giving your team the right tools and a simple way to manage the overwhelming flow of data is crucial to business success.’

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

Smarten

JUNE 28, 2018

Business Problem: The enterprise wishes to organize customers into groups/segments based on similar traits, product preferences and expectations. All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists.

IT 40

IT Business Intelligence Predictive Modeling Risk 40

Smarten

JUNE 29, 2018

Multiple linear regression models are useful in helping an enterprise to consider the impact of multiple independent predictors and variables on a dependent variable, and can be beneficial for forecasting and predicting results. About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 29, 2018

This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 20, 2018

A basic understanding of the types and uses of trend and pattern analysis is crucial, if an enterprise wishes to take full advantage of these analytical techniques and produce reports and findings that will help the business to achieve its goals and to compete in its market of choice. About Smarten.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.

Analytics 40

Analytics Forecasting Statistics Sales 40

Birst BI

JANUARY 16, 2018

For the vast majority of information workers, this is the definition of self-service analytics. But to build that dashboard, someone has to assemble all the components, the key performance indicators (KPIs), the data visualizations, and all of the dashboard’s data feeds. The barrier of entry to BI remains high.

Data-driven 70

Data-driven Analytics Dashboards Machine Learning 70

Smarten

JUNE 26, 2018

This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. An enterprise might also use Chi Square to determine if there is a relationship between the region in which a product is purchased, and the product or category of product that is purchased.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 27, 2018

The Decision Tree analysis technique is useful in classifying and segmenting markets, types of customers and other categories in order to make decisions on where to focus enterprise resources. About Smarten.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

SEPTEMBER 15, 2017

Every enterprise is talking about Business Intelligence and Advanced Analytics. Every enterprise has considered the benefits of implementing self-serve analytics across the organization and involving business users in the process. Don’t become a failure statistic!

Analytics 40

Analytics Statistics Data Governance Cost-Benefit 40

Domino Data Lab

JULY 22, 2019

He also really informed a lot of the early thinking about data visualization. It involved a lot of work with applied math, some depth in statistics and visualization, and also a lot of communication skills. Predictive analytics, yeah, not so much.” But for most enterprise, using machine learning…not really.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109