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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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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.

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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.

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A Guide To The Methods, Benefits & Problems of The Interpretation of Data

datapine

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. Interval: a measurement scale where data is grouped into categories with orderly and equal distances between the categories.

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Transforming the Future of Learning with Analytics

Sisense

Learning Pool’s white paper Measuring the Modern Learner Experience explains how an LRS specifically stores xAPI statements, which at their most basic level combine an actor, a verb, and an object. These seemingly unrelated learning elements are then unified by a standard that other systems understand.

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How BI Can Help Enterprises Overcome The Effects Of The Pandemic

Smart Data Collective

The thing is, previously data analytics was based on models that perpetually extended into the future; unfortunately, most of these models have become obsolete in today’s circumstances. Before the pandemic, enterprise managers lived in the illusion that all future events could be predicted. A strategy-driven MVP.

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How Data Analytics Tools Eliminate Business Owner Headaches

Smart Data Collective

With the right log management tool, IT admins can easily access ready-made dashboards and generate reports which visualize essential events that lead to pre-emptive actions and sound decisions. Another data analysis tool that many businesses use today is CRM analytics. Big Data is Simplifying Many Business Management Tasks.