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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 methods and techniques.

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AI+BI: Augmented analytics will soon bring data-driven insight to the masses

Birst BI

For the vast majority of information workers, this is the definition of self-service analytics. But to build that dashboard, someone has to assemble all the components, the key performance indicators (KPIs), the data visualizations, and all of the dashboard’s data feeds. The barrier of entry to BI remains high.

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What is the Chi Square Test of Association and How Can it be Used for Analysis?

Smarten

Finance – An organization might use this technique to Identify if demographic factors influence banking channel/product/service preference or selection of a type of term plan of an insurance etc. How Can the Chi Square Test of Association Be Used for Business Analysis?

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Data Science, Past & Future

Domino Data Lab

He also really informed a lot of the early thinking about data visualization. It involved a lot of work with applied math, some depth in statistics and visualization, and also a lot of communication skills. Predictive analytics, yeah, not so much.” Those workflows would feedback into your business analytics.

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Augmented Analytics Algorithms and Techniques: Learning for Citizen Data Scientists

Smarten

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.

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What is the Holt-Winters Forecasting Algorithm and How Can it be Used for Enterprise Analysis?

Smarten

Business Benefit : Helps in planning for repeat telecast and for more advertisement (fund raising) if the projected count of viewers is high. Business Problem : Insurance claim manager wants to forecast policy sales for next month based on past 12 months data. 2) Double Exponential Smoothing Use Case.