Smarten

NOVEMBER 8, 2022

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Business Intelligence 52

Business Intelligence Predictive Modeling Statistics Data-driven 52

Smarten

OCTOBER 25, 2017

As the concept of business analytics becomes more main stream and business users embrace the possibilities, they (and their managers) want and expect even more tools and more potential. The Next, Even Better Gift: Advanced Data Discovery Tools! Have you ever noticed that when you give someone something, they often want more?

Predictive Modeling 63

Predictive Modeling Statistics Visualization Business Analytics 63

Smarten

JUNE 29, 2018

The independent sample t-test is a statistical method of hypothesis testing that determines whether there is a statistically significant difference between the means of two independent samples. Marketing – Does customer segment A spend more on groceries than customer segment B? About Smarten.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 26, 2018

It is used to determine whether there is a statistically significant association between the two categorical variables. This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. This analytical technique can be used for numerous purposes.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. Multiple Linear Regression is a statistical technique that is designed to explore the relationship between two or more variables (X, and Y). What is Multiple Linear Regression Analysis? Use Case – 2.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 28, 2018

This type of analysis can be applied to segment customers by purchase history, segment users by the types of activities they perform on websites or applications, to develop consumer profiles based on activities or interests, and to recognize market segments, etc. How Does and Organization Use Hierarchical Clustering to Analyze Data?

IT 40

IT Business Intelligence Predictive Modeling Risk 40

Smarten

JUNE 29, 2018

At 95% confidence level (5% chance of error): As p-value = 0.041 which is less than 0.05, there is a statistically significant difference between means of pre and post sample values. How is the Paired Sample T Test Beneficial to Business Analysis? Marketing – Have sales increased following a particular campaign?

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Smarten

JUNE 29, 2018

Correlation is a statistical measure that indicates the extent to which two variables fluctuate together A positive correlation indicates the extent to which those variables increase or decrease in parallel. This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. Use Case – 2.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 20, 2018

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. A stationary time series is one with statistical properties such as mean, where variances are all constant over time. Stationary/Stationarity. About Smarten.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 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

Smarten

JUNE 27, 2018

Similarly, regression trees can also be used to identify the market segment, identifying who is more likely to respond to a future mailing. The Decision Tree analysis technique is useful in classifying and segmenting markets, types of customers and other categories in order to make decisions on where to focus enterprise resources.

IT 40

IT Business Intelligence Predictive Modeling Statistics 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

JANUARY 27, 2023

Smarten has announced the launch of Predictive Model Mark-Up Language (PMML) Integration capability for its Smarten Augmented Analytics suite of products. Simply create the predictive model, using your favorite platform, export the model as a PMML file and import that model to Smarten.

Predictive Modeling 52

Predictive Modeling Analytics Predictive Analytics Business Intelligence 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. What is the point of those obvious statistical inferences?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Smarten

JUNE 26, 2018

Cross marketing/Selling – To work with other businesses that complement your business, but not your competitors. For example, vehicle dealerships and manufacturers have cross marketing campaigns with oil and gas companies for obvious reasons. Use Case – 1. Use Case – 2.

Business Intelligence 40

Business Intelligence Sales Predictive Modeling Statistics 40

Smarten

JULY 10, 2018

Frequent Pattern Mining (Association): What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis? Use Case(s): Market Basket Analysis, Frequently Bundled Products and more. Use Case(s): Predicting Loan Default, Predicting Success of Medical Treatment and more.

Analytics 40

Analytics Forecasting Statistics Sales 40

Smarten

JUNE 29, 2018

Cross Marketing and Selling – To work with other businesses that complement your own, not competitors. For example, vehicle dealerships and manufacturers have cross marketing campaigns with oil and gas companies for obvious reasons. Use Case – 1. Use Case – 2.

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

Cloudera

NOVEMBER 2, 2020

real-time customer event data alongside CRM data; network sensor data alongside marketing campaign management data). The factors driving this trend are part technical, part business, and part cultural. cleansing, feature engineering, CDC reconciliation) or for stream analytics (e.g. This could be done for stream processing (e.g.

Data Warehouse 91

Data Warehouse Optimization Dashboards Interactive 91

Smarten

JUNE 25, 2018

This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. What is a Descriptive Statistics? Descriptive statistics helps users to describe and understand the features of a specific dataset, by providing short summaries and a graphic depiction of the measured data.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

Smarten

APRIL 19, 2022

Sentiment Analysis can help you solve problems,” says Patel, ‘And it can identify opportunities and improve your brand image and competitive stance in the market.’. All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists.

Slice and Dice 57

Slice and Dice Business Intelligence Advertising Predictive Modeling 57

Smarten

JULY 26, 2022

The Smarten approach to business intelligence and business analytics focuses on the business user and provides Advanced Data Discovery so users can perform early prototyping and test hypotheses without the skills of a data scientist.

Key Performance Indicator 74

Key Performance Indicator Analytics Business Intelligence Dashboards 74

datapine

NOVEMBER 27, 2019

The demand for real-time online data analysis tools is increasing and the arrival of the IoT (Internet of Things) is also bringing an uncountable amount of data, which will promote the statistical analysis and management at the top of the priorities list. Share the essential business intelligence trends among your team!

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

JUNE 21, 2018

Time series forecasting methods are used to extract and analyze data and statistics and characterize results to more accurately predict the future based on historical data. Business Benefit : If projected claims are lower than expected then proper marketing strategy can be devised to improve sales.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Jet Global

MAY 9, 2024

Machine Learning Pipelines : These pipelines support the entire lifecycle of a machine learning model, including data ingestion , data preprocessing, model training, evaluation, and deployment. Analyzing historical transaction data in financial reporting can help identify market trends and investment opportunities.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52