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.

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.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

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 vs. business analytics.

article thumbnail

You cannot develop a high-quality customer engagement strategy without trust

CIO Business Intelligence

Engaged customers are vital to the success of any business. Analytics is central to understanding what works for your customers. While every breach is unique, it is important to outline the attack, what customers need to do to protect themselves and the changes being made to reinforce security measures.

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

Business Dashboard: Door To Acute Business Insights

FineReport

Financial performance is a vital aspect to measure your business performance. Therefore, the financial sector can view key indicators and measure financial performance in a short time and efficiently. Dashboard for business analytics. Financial performance dashboard(by FineReport). Dupont analysis(by FineReport).

article thumbnail

MSPs and Cloud-based Analytics

Jim Harris

A decade ago the phrase cloud-based analytics would have conjured images of meteorologists basing their weather forecasts on the analysis of data describing cloud formations and atmospheric movements. This is somewhat similar to the data and technology today’s meteorologists rely on for creating accurate weather forecasts.