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. Business analytics techniques.

article thumbnail

The Intricacies of Financial Analytics in the Event Industry

BizAcuity

Financial Analytics – An Outlook. In today’s world of competitive businesses, analytics is an essential part of staying competitive especially in this digital era where data is omnipresent. Financial analytics is becoming an important and inherent part of software applications that are being used by event industry.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

The vast scope of this digital transformation in dynamic business insights discovery from entities, events, and behaviors is on a scale that is almost incomprehensible. 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

Join me at Live! 360 Orlando to learn more about Applied Business Analytics

Jen Stirrup

360 Orlando and I’m presenting a workshop on From Business Intelligence to Business Analytics with the Microsoft Data Platform. Data becomes relevant for decision making when we start to use it properly, so this workshop will demonstrate the use of analytics for real-life use cases.

article thumbnail

How IBM Planning Analytics can help fix your supply chain

IBM Big Data Hub

As such, planning becomes a continuous rolling activity as the lines between “plan”, “budget” and “forecast” are blurred. I also encourage you to join the IBM Business Analytics live stream event on October 25 th , to hear more case studies on how businesses have used Planning Analytics to accelerate data-driven business decision making.

article thumbnail

Maximizing Supply Chain Agility through the “Last Mile” Commitment

Cloudera

In today’s retail environment, retailers realize that building demand forecasts simply based upon historical transaction, promo, and pricing data alone is not good enough. Retail supply chains are a recognized and proven source of ROI when data analytics are leveraged to improve forecast accuracy and product availability.

article thumbnail

Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

The types of data analytics Predictive analytics: Predictive analytics helps to identify trends, correlations and causation within one or more datasets. Healthcare systems can also forecast which regions will experience a rise in flu cases or other infections.