datapine

NOVEMBER 11, 2021

With this industry having its boom in the past decade, the offer of new solutions with different features has grown exponentially making the market as competitive as ever. In fact, it is expected that by 2025, the BI market will grow to $33.3 17 Top Features Of Business Intelligence Tools. f) Predictive analytics.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Reporting 52

Smart Data Collective

JUNE 8, 2023

many of our articles have centered around the role that data analytics and artificial intelligence has played in the financial sector. The Sports Analytics Market is expected to be worth over $22 billion by 2030. Data analytics can impact the sports industry and a number of different ways.

Data Analytics 82

Data Analytics Analytics Data Collection Statistics 82

Jet Global

JULY 11, 2019

With major advances being made in artificial intelligence and machine learning, businesses are investing heavily in advanced analytics to get ahead of the competition and increase their bottom line. We’ll explain what it is, how it works, and ways to start using demand forecasting with business intelligence software.

Business Intelligence 72

Business Intelligence Forecasting Data Warehouse Predictive Analytics 72

Smart Data Collective

NOVEMBER 25, 2019

Predictive Business Analytics. Some of these new tools use AI to predict events more accurately by employing predictive analytics to identify subtle relationships between even seemingly unrelated variables. Instead, they’ll turn to big data technology to help them work through and analyze this data.

Business Intelligence 101

Business Intelligence Predictive Analytics Data Collection Internet of Things 101

BizAcuity

AUGUST 26, 2019

The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation. Keeping this in mind, casinos can ultimately chart an optimal course of action in real-time. Image source:[link]. The road ahead.

Prescriptive Analytics 74

Prescriptive Analytics Analytics Descriptive Analytics Predictive Analytics 74

datapine

AUGUST 14, 2019

Companies surely need data scientists to help them empower their analytics processes, build a numbers-based strategy that will boost their bottom line, and ensure that enormous amounts of data are translated into actionable insights. But being an inquisitive Sherlock Holmes of data is no easy task.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Jet Global

OCTOBER 1, 2019

With major advances being made in artificial intelligence and machine learning, businesses are investing heavily in advanced analytics to get ahead of the competition and increase their bottom line. We’ll explain what it is, how it works, and ways to start using demand forecasting with business intelligence software.

Business Intelligence 40

Business Intelligence Forecasting Data Warehouse Predictive Analytics 40

Jet Global

JUNE 22, 2023

BI and analytics are both umbrella terms referring to a type of data insight software. Many providers use them interchangeably, but some use them in conjunction, claiming to offer both business intelligence and business analytics. One school of thought distinguishes BI and business analytics along these past/future lines.

Analytics 52

Analytics Business Intelligence Reporting Sales 52

datapine

FEBRUARY 17, 2023

This is because BI providers are experts in the field and are always updating their solutions to keep up with new technologies and market changes. A report from Logi Analytics found that 83% of respondents don’t like to switch between standalone analytics apps and would rather use just one. click to enlarge** 3.

Analytics 191

Analytics Cost-Benefit Dashboards Business Intelligence 191

BizAcuity

AUGUST 26, 2019

The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation. Keeping this in mind, casinos can ultimately chart an optimal course of action in real-time. Image source:[link]. The road ahead.

Prescriptive Analytics 40

Prescriptive Analytics Analytics Descriptive Analytics Predictive Analytics 40

Smarten

JUNE 25, 2018

KMeans Clustering can be applied to segment customers by purchasing history, segment users by the activities they perform on a website, define demographic profiles based on interests, and recognize market patterns. Business Problem: Organizing customers into groups/segments based on similar traits, product preferences and expectations.

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

Sisense

JULY 29, 2020

That’s where data and analytics are vital: They can help you make the right decisions to shape your organization’s future, both near- and long-term. That’s why data and analytics become even more vital to organizations surviving and thriving when conditions are so difficult and so out-of-the-ordinary.

Analytics 95

Analytics Digital Transformation Data-driven Sales 95

datapine

MARCH 15, 2019

A recent study suggests that the use of predictive analytics in business can result in an ROI of up to 25%. The travel industry has long been dependent on using data to predict when people might travel, their reasons for travel, and what their specific needs might be to provide the best possible service at the best price point.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

Grooper

AUGUST 19, 2019

Choosing the right analytics solution isn't easy. Successfully navigating the 20,000+ analytics and business intelligence solutions on the market requires a special approach. Read on to learn how data literacy, information as a second language, and insight-driven analytics take digital strategy to a new level.

Analytics 54

Analytics Machine Learning Data Science Data-driven 54

Smarten

JUNE 25, 2018

Business Problem: Find out the average age and income for a particular type of product category purchased. Business Benefit: By identifying mean/median income of this segment, one can target marketing to this segment in order to improve ROI and sales revenue. Be sure to choose the right method for the type of data.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

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.

Analytics 40

Analytics Business Intelligence Metadata Statistics 40

Domino Data Lab

JULY 22, 2019

You know, case in point, if you were to talk about predictive analytics 20 years ago, the main people in the field would have laughed you out of the room. Predictive analytics, yeah, not so much.” It’s like why on earth would any business people care about anything called tensor? I don’t know.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109