Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

Smarten

JUNE 27, 2018

The prediction accuracy is useful criterion for assessing the model performance. Model with prediction accuracy >= 70% is useful. Weather Forecasting – Based on temperature, humidity, pressure etc. How Can SVM Classification Analysis Benefit Business Analytics? Classification Error = 100- Accuracy = 8%.

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

CIO Business Intelligence

JUNE 7, 2022

What is data analytics? Data analytics is a discipline focused on extracting insights from data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. What are the four types of data analytics? It is frequently used for economic and sales forecasting.

Data Analytics 131

Data Analytics Diagnostic Analytics Management Analytics 131

Rocket-Powered Data Science

MARCH 19, 2021

The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. One of the primary drivers for the phenomenal growth in dynamic real-time data analytics today and in the coming decade is the Internet of Things (IoT) and its sibling the Industrial IoT (IIoT).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. It focuses on data collection and management of large-scale structured and unstructured data for various academic and business applications.

Data Science 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

IBM Big Data Hub

OCTOBER 5, 2022

IBM Planning Analytics, or TM1 as it used to be known, has always been a powerful upgrade from spreadsheets for all kinds of planning and reporting use cases, including financial planning and analysis (FP&A), sales & operations planning (S&OP), and many aspects of supply chain planning (SCP).

Analytics 52

Analytics Forecasting Predictive Modeling Manufacturing 52

datapine

AUGUST 14, 2019

The use of machine learning, predictive analytics, and various data connectors that enable the user to work with enormous amounts of databases, flat files, marketing analytics, CRM, etc., There are also numerous business intelligence examples that illustrate what kind of value it can bring to the business bottom line.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

FineReport

MARCH 24, 2024

Data Analyst Job Description Data analysts play a crucial role in extracting actionable insights from diverse data sources, aiding businesses in cost reduction and revenue growth. Utilizing standard methods, they collect, analyze, and interpret data to provide valuable business information.

Statistics 52

Statistics Data mining Visualization Reporting 52

Cloudera

FEBRUARY 25, 2021

AMPs move the starting line for any ML project by enabling data scientists to start with a full end-to-end project developed for a similar use case, including a trained and deployed ML model, as well as prebuilt predictive business applications, out of the box. The work of a machine learning model developer is highly complex.

Deep Learning 83

Deep Learning Machine Learning Forecasting Visualization 83

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making. When comparing leading BI tools, it is crucial to assess these aspects thoroughly.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

Smarten

JUNE 29, 2018

The Naive Bayes classifier assumes that every feature/predictor is independent, which is not always the case, so it is important to understand the type of data you are analyzing before choosing this, or any other, analytical technique. Weather Forecasting – Based on temperature, humidity, pressure etc., in diameter.

Enterprise 40

Enterprise IT Business Intelligence Forecasting 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. What is Multiple Linear Regression Analysis? About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 40

CIO Business Intelligence

MARCH 16, 2022

CIO.com India asked IT leaders from different industries about the strategies they use to forecast which skills they will need. The simplest way to predict the future needs is to be well connected with the surroundings: What is happening in the different businesses around? There might be 10 or 20 or 100 systems out there.

Forecasting 94

Forecasting Machine Learning Technology Enterprise 94

Smart Data Collective

FEBRUARY 2, 2021

For businesses, the advent of Big Data offers several key benefits, including helping them with customer acquisition, lead generation, targeted marketing campaigns, identifying potential opportunities and challenges , and creating new products based on the needs of the market. Recruitment.

Big Data 85

Big Data Recreation/Entertainment Cost-Benefit Finance 85

BizAcuity

FEBRUARY 22, 2019

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.

Analytics 75

Analytics Cost-Benefit Finance Sales 75

Smarten

JUNE 20, 2018

The business can use this information for forecasting and planning, and to test theories and strategies. In prediction, the objective is to “model” all the components to some trend patterns to the point that the only component that remains unexplained is the random component. Irregular/Random Patterns. Stationary/Stationarity.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smart Data Collective

OCTOBER 31, 2021

Analytics technology is incredibly important in almost every facet of business. Virtually every industry has found some ways to utilize analytics technology, but some are relying on it more than others. The e-commerce sector is among those that has relied most heavily on analytics technology. Price segment for goods.

Analytics 110

Analytics Data mining Analytics Technologies Sales 110

Cloudera

FEBRUARY 18, 2021

I’m sure you’ve already ready a number of trends and forecasts for 2021. Here I’ll comment on a few of the data and analytics-focused trends we see that will impact insurers in 2021 and beyond. . Almost a year into the pandemic, the accelerated digital transformation has begun to feel less abrupt and more sustained.

Insurance 107

Insurance Digital Transformation Risk Data-driven 107

Smart Data Collective

NOVEMBER 25, 2019

New data-collection technologies , like internet of things (IoT) devices, are providing businesses with vast banks of minute-to-minute data unlike anything collected before. These new avenues of data discovery will give business intelligence analysts more data sources than ever before. Predictive Business Analytics.

Business Intelligence 102

Business Intelligence Predictive Analytics Data Collection Internet of Things 102

Sisense

FEBRUARY 1, 2021

We will then see how business intelligence within PLM is leveraging AI analytics toward new levels of insight and productivity. The CAD component includes product prototypes and models based on actual parts’ manufacturing instructions. This final step unifies the product development in the global enterprise BI model.

Management 52

Management Analytics Manufacturing Cost-Benefit 52

Smarten

NOVEMBER 3, 2017

The world of business analytics has changed dramatically in the past few years. If your business is looking to upgrade BI tools or to begin implementing an analytics solution, the solution must be user friendly for business users. The benefit of auto-suggestion and auto-recommendation is easy to understand.

Analytics 40

Analytics Visualization Experimentation Cost-Benefit 40

datapine

MARCH 25, 2022

There is not a clear line between business intelligence and analytics, but they are extremely connected and interlaced in their approach towards resolving business issues, providing insights on past and present data, and defining future decisions. What’s the difference between Business Analytics and Business Intelligence?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smarten

JUNE 29, 2018

Credit/Loan Approval Analysis – Given a list of client transactional attributes, the business can predict whether a client will default on a bank loan. Fraud Analysis – Based on various bills submitted for reimbursement by an employee for food, travel, and other expense a business can predict the likelihood of fraud.

Enterprise 40

Enterprise Business Intelligence Predictive Modeling Statistics 40

IBM Big Data Hub

MAY 12, 2022

The IBM Data and AI team has seen organizations saddled with data and analytics spread across the organizations accessible to only a certain set of users. This results in the needed analytics being siloed and underutilized by decision makers who could benefit from this data and content…if they only knew it existed and was accessible.

Business Analytics 56

Business Analytics Analytics Recreation/Entertainment Cost-Benefit 56

CIO Business Intelligence

MARCH 22, 2022

Fractal Analytics has appointed Manish Tiwari as its CIO. Prior to joining Fractal, Tiwari was senior vice-president and global CISO at Airtel, where he set up the managed security services initiative Airtel Secure for Business. The increased demand for experienced IT leaders has made the space extremely dynamic. March 2022.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

Jet Global

OCTOBER 22, 2020

The world of business analytics is evolving rapidly. The size and scope of business databases have grown as ERP functionality has evolved, businesses have increased their adoption of CRM and marketing automation, and collaboration networks have become more common. OLAP Cubes vs. Tabular Models.

Modeling 52

Modeling OLAP Reporting Sales 52

Rita Sallam

JULY 22, 2016

Like when Oracle acquired Hyperion in March of 2007, which set of a series of acquisitions –SAP of Business Objects October, 2007 and then IBM of Cognos in November, 2007. Gartner revamped the BI and Analytics Magic Quadrant in 2016 to reflect the mainstreaming of this market disruption. In BI we have had our seminal moments too.

Analytics 40

Analytics Business Intelligence Metadata Statistics 40

IBM Big Data Hub

OCTOBER 19, 2023

Their business model was very complex, and it required massive data volumes to be processed. “Managing the data for our stores using manual spreadsheets and consolidating it at both the business unit and country level proved to be an overwhelmingly challenging endeavor,” according to Chandak.

Forecasting 100

Forecasting Data-driven Business Analysis Sales 100

IBM Big Data Hub

NOVEMBER 30, 2022

Jabil is a longtime partner and IBM Business Analytics (BA) portfolio user, but before they made the switch to BA almost 15 years ago, they were using excel and spending most of their financial planning time trying to determine which numbers were most true for planning purposes. We can’t even see where the bar used to be.”.

Reporting 52

Reporting Enterprise Finance Business Analytics 52

AWS Big Data

OCTOBER 11, 2023

Due to this low complexity, the solution uses AWS serverless services to ingest the data, transform it, and make it available for analytics. The serverless architecture features auto scaling, high availability, and a pay-as-you-go billing model to increase agility and optimize costs.

Visualization 92

Visualization Dashboards Data-driven Gap analysis 92

Sisense

MAY 27, 2021

Spending on AI is forecast to double over the span of four years, growing from just over $50 billion in 2020 to a whopping $110 billion in 2024. According to research by data analytics firm Exasol, 87% of U.S. According to analyst firm IDC, the industry that will spend the most on AI is retail. billion by 2027!

Forecasting 52

Forecasting Sales Analytics Marketing 52

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. Now that we have described predictive and prescriptive analytics in detail, what is there left?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Smarten

JULY 10, 2018

Use Case(s): Weather Forecasting, Fraud Analysis and more. Frequent Pattern Mining (Association): What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis? Multiple Linear Regression: What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

Analytics 40

Analytics Forecasting Statistics Sales 40

datapine

AUGUST 29, 2022

3) Extended Reality In Practice: 100+ Amazing Ways Virtual, Augmented and Mixed Reality Are Changing Business and Society by Bernard Marr. . – Steven Pinker, author of The Better Angels of our Nature. Unlike other publications on this list, “Everybody Lies” is not a book that covers the technical aspect of big data in its entirety.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

datapine

NOVEMBER 11, 2021

For a few years now, Business Intelligence (BI) has helped companies to collect, analyze, monitor, and present their data in an efficient way to extract actionable insights that will ensure sustainable growth. billion , paired with the fact that 33% of large-sized businesses will practice decision intelligence by 2023. 1) Connect.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

Sisense

APRIL 6, 2020

Constantinos Mavrommatis is the Chief Data Scientist at RetailZoom , a consultancy that helps supermarkets in Cyprus unlock their data to reveal patterns and forecast future performance. And in a fast-moving environment, keeping an eye on changing circumstances is vital to managing your business through the evolution of the pandemic.

Analytics 98

Analytics Dashboards KPI Data-driven 98

Smarten

APRIL 21, 2022

Business Users & Data Scientists Benefit from Citizen Data Scientist Initiatives ! A business that does not optimize its resources is doomed to fail. In this rapidly changing business environment and market, every organization must make the best of precious human resources. Benefits to Business Users.

Business Objectives 52

Business Objectives Data-driven Forecasting Optimization 52