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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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Assisted Predictive Modeling for Simple Business Analytics!

Smarten

Just Simple, Assisted Predictive Modeling for Every Business User! No matter the market or type of business, there is no room in today’s business landscape for guesswork. And, with Assisted Predictive Modeling , you can make these tasks even easier. No Guesswork!

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What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Smarten

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.

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What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

Smarten

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series of errors. p: to apply autoregressive model on series.

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How IBM Planning Analytics can help fix your supply chain

IBM Big Data Hub

Time matters too: your models must be quick to run, so analysis can be done before the assumptions are out-of-date. As such, planning becomes a continuous rolling activity as the lines between “plan”, “budget” and “forecast” are blurred. The first step is always the unconstrained demand plan.

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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.

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What is SVM Classification Analysis and How Can It Benefit Business Analytics?

Smarten

SVM Classification Analysis can be used for many analytical tasks: Credit/Loan Approval Analysis – Given a list of client transactional attributes, a business can predict whether a client will default on a loan. Medical Diagnosis – Given a list of symptoms, a doctor can predict if a patient has a particular disease.