Smart Data Collective

NOVEMBER 24, 2021

One of the main reasons for such a disruption may be the obsolescence of many traditional data management models; that’s why they have failed to predict the crisis and its consequences. Based on this assumption, specialists relied on false predictive data models that could only reflect a simplified picture of the possible future.

Enterprise 126

Enterprise Testing Business Intelligence Strategy 126

Smarten

APRIL 12, 2023

SnapShot KPI monitoring allows business users to quickly establish KPIs, target metrics and identify key influencers and variables for the target KPI.

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

datapine

JANUARY 6, 2022

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. Interval: a measurement scale where data is grouped into categories with orderly and equal distances between the categories.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

BizAcuity

APRIL 1, 2023

Predictive Analytics It is a subset of business analytics that uses statistical techniques (algorithms) to find patterns in historical data points and predict future outcomes with high accuracy. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

BizAcuity

JANUARY 18, 2023

Predictive Analytics. It is a subset of business analytics that uses statistical techniques (algorithms) to find patterns in historical data points and predict future outcomes with high accuracy. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

Sisense

JUNE 24, 2021

Learning Pool’s white paper Measuring the Modern Learner Experience explains how an LRS specifically stores xAPI statements, which at their most basic level combine an actor, a verb, and an object. An AI-infused analytics platform like Sisense helps businesses understand the value that learning/training is providing in the workplace.

Analytics 83

Analytics Measurement Dashboards Optimization 83

Cloudera

JANUARY 5, 2021

To enable these business capabilities requires an enterprise data platform to process streaming data at high volume and high scale, to manage and monitor diverse edge applications, and provide data scientists with tools to build, test, refine and deploy predictive machine learning models. .

Forecasting 94

Forecasting Cost-Benefit Sales Unstructured Data 94

BizAcuity

FEBRUARY 22, 2019

Financial Analytics – An Outlook. In today’s world of competitive businesses, analytics is an essential part of staying competitive especially in this digital era where data is omnipresent. Financial analytics is becoming an important and inherent part of software applications that are being used by event industry.

Analytics 75

Analytics Cost-Benefit Finance Sales 75

IBM Big Data Hub

AUGUST 28, 2023

Users have become increasingly hungry for quicker access to trusted and timely data, and a way to access that data with less reliance on the busy Central Analytics Technology team. This data is leveraged by departments throughout the organization and is essential to their business operations.

Publishing 50

Publishing Analytics Business Intelligence Operational Reporting 50

Smarten

JUNE 29, 2018

How Can Multiple Linear Regression Be Helpful for Business Analysis? Business Problem: An ecommerce company wants to measure the impact of product price, product promotions, and holiday seasonality on product sales. If we consider the use cases below, we can see the value of Multiple Linear Regression analysis. About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Sisense

MAY 28, 2020

Chandana Gopal, Business Analytics Research Director, IDC. Product teams are already having to manage the growing complexities that come with modern data environments,” said Chandana Gopal, research director for business analytics at IDC. Chandana Gopal, Business Analytics Research Director, IDC.

Internet of Things 83

Internet of Things Metadata Data-driven Unstructured Data 83

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. The Spearman’s Rank Correlation is a measure of correlation between two ranked (ordered) variables. About Smarten.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smart Data Collective

AUGUST 7, 2019

Some of the practical applications of CRM analytics include: Creating customer groups. Tracking and measuring escalation arising from problems with a specific product or service. Creating predictive models. Big Data is Simplifying Many Business Management Tasks. Analysis of profitability and customer value.

Data Analytics 99

Data Analytics Analytics Big Data Data Lake 99

CIO Business Intelligence

MARCH 30, 2022

For organizations looking to move beyond stale reports, decision intelligence holds promise, giving them the ability to process large amounts of data with a sophisticated mix of tools such as artificial intelligence and machine learning to transform data dashboards and business analytics into more comprehensive decision support platforms.

Machine Learning 144

Machine Learning Testing Risk Data-driven 144

Smarten

JUNE 29, 2018

Correlation is a statistical measure that indicates the extent to which two variables fluctuate together. The Karl Pearson’s correlation measures the degree of linear relationship between two variables. A positive correlation indicates the extent to which those variables increase or decrease in parallel.

Enterprise 40

Enterprise IT Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

For example, one might consider two groups of participants that are measured at two different “time points” or two groups that are subjected to two different “conditions” Paired T Test is used to evaluate the before and after of a situation, treatment, condition, etc. is the same in two related groups. About Smarten.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Cloudera

MAY 27, 2021

It’s important to be conscious of this reality when creating algorithms and training models. Turning a blind eye to problems or applying half measures isn’t going to work. After all, machine learning systems are inherently dumb and require a human in the loop to make sure the model remains healthy, accurate, and free of bias.”.

Machine Learning 119

Machine Learning Big Data Consulting Technology 119

Cloudera

JANUARY 14, 2021

This technology allows retailers to measure and respond in real-time to shopper behavior, measure geolocation, traffic, dwell times, and conversion metrics. In-store customer insights and engagement opportunities are now possible using data captured from sensors, video, and beacons.

Cost-Benefit 74

Cost-Benefit Digital Transformation Sales IoT 74

Sisense

AUGUST 19, 2020

Big data, analytics, cloud computing, data mining, data science — the buzzwords of the modern data and analytics industry — have taken every business and organization by storm, no matter the scale or nature of the business. These insights have helped improve machine learning models with more precise data.

Big Data 52

Big Data Machine Learning Digital Transformation Marketing 52

Smart Data Collective

MAY 4, 2021

This is hardly surprising, since so many businesses depend on data analytics to draw useful insights on every aspect of their business model. Analytics is one of the most powerful tools that modern businesses possess. The market for big data is expected to be worth $274 billion by next year.

Advertising 135

Advertising Marketing Data Collection Data Analytics 135

Smarten

JUNE 26, 2018

Logistic regression measures the relationship between the categorical target variable and one or more independent variables It deals with situations in which the outcome for a target variable can have two or more possible types. What is the Multinomial-Logistic Regression Classification Algorithm?

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

Business Problem: An eCommerce company wants to measure the impact of product price on product sales. 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.

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

In this article, we will discuss the Binary Logistic Regression Classification method of analysis, and how it can be used in business. Logistic regression measures the relationship between the categorical target variable and one or more independent variables. What is Binary Logistic Regression Classification?

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

DECEMBER 3, 2023

Accessible augmented analytics, allows you to transition your business users to the Citizen Data Scientist role to make better decisions, more quickly. Every business needs to understand how these solutions can and will affect users, processes and workflow. The benefits of self service analytics are too numerous to mention.

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

Smarten

JUNE 29, 2018

One is a dimension containing two values and the other is a measure. 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.

Testing 40

Testing Statistics IT Business Intelligence 40

Jet Global

OCTOBER 22, 2020

The world of business analytics is evolving rapidly. The size and scope of business databases have grown as ERP functionality has evolved, businesses have increased their adoption of CRM and marketing automation, and collaboration networks have become more common. OLAP Cubes vs. Tabular Models.

Modeling 52

Modeling OLAP Reporting Sales 52

CIO Business Intelligence

OCTOBER 7, 2022

With a strong BI strategy and team, organizations can perform the kinds of analysis necessary to help users make data-driven business decisions. SAS Certified Specialist: Visual Business Analytics Tableau Certified Data Analyst Tableau Desktop Specialist Tableau Server Certified Associate Certified Business Intelligence Professional (CBIP).

Business Intelligence 145

Business Intelligence Data Warehouse Visualization Dashboards 145

datapine

APRIL 15, 2020

To look into these processes in more detail, we will now explain the agile BI methodology as well as for analytics and provide steps for agile BI development. Agile Business Intelligence & Analytics Methodology. In the traditional model communication between developers and business users is not a priority.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

Occam's Razor

DECEMBER 3, 2008

If you stick to web analytics your title might tap out at one of the titles mentioned above (say Sr. If you really want to have your Job Title grow a lot more then you'll have to gradually move to the world of Business Analytics (not web) and Business Intelligence roles in IT. 2| Business Individual Contributor.

Analytics 115

Analytics Consulting Metrics Reporting 115

Peter James Thomas

AUGUST 12, 2018

This piece was prompted by both Olaf’s question and a recent article by my friend Neil Raden on his Silicon Angle blog, Performance management: Can you really manage what you measure? It is hard to account for such tweaking in measurement systems. Some relate to inherent issues with what is being measured.

Metrics 49

Metrics Statistics Data Quality Measurement 49

Cloudera

NOVEMBER 2, 2020

the speed at which queries run is faster – small, selective queries are measured in 10s or 100s of milliseconds; large, scan- or compute-heavy queries are processed at very high bandwidth. Data Model. Small or medium sized models; dimensional and denormalized mainly, occasionally more normalized model.

Data Warehouse 100

Data Warehouse Optimization Dashboards Interactive 100

datapine

AUGUST 29, 2022

are using big data to their advantage, including: Progressive Insurance’s use of GPS trackers/accelerometers which determine customer safety ratings Google’s ability to predict local flu outbreaks by measuring spikes in flu-related local searches The government of Boston fixing potholes using data that residents enter into their smartphones.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Smarten

JULY 10, 2018

Use Case(s): Measure the impact of product price on product sales, measure the impact of temperature on crop yield an more. SVM Classification Analysis: What is SVM Classification Analysis and How Can It Benefit Business Analytics? ARIMAX Forecasting: What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Analytics 40

Analytics Forecasting Statistics Sales 40

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. Experience the power of Business Intelligence with our 14-days free trial! 3) Drive Performance And Revenue. The results?

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

JUNE 29, 2022

For years, businesses have focused on identifying and wrangling credible valuable data sources. Over time, almost anything will be measurable, depending upon the attitude and consent of consumers and regulators. This is resulting in an overabundance of data.

Predictive Analytics 122

Predictive Analytics Analytics Business Objectives Data-driven 122

Smarten

JUNE 25, 2018

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. This measurement can be biased in a case where there are a significant number of outliers present in the data. Skewness is a measure of symmetry.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40