BizAcuity

JANUARY 18, 2023

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. Predictive Analytics. 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

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. Contact the Smarten team to find out more about Smarten SnapShot Anomaly Monitoring and how this powerful functionality can help you to gain insight into your data and results.

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

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 91

Forecasting Cost-Benefit Sales Unstructured Data 91

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. Predictive analytics allowed the retailer to proactively respond not only to product life cycle impacts, but also the potential risk of cold storage equipment down-time.

Cost-Benefit 72

Cost-Benefit Digital Transformation Sales IoT 72

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

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

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.

Business Analysis 40

Business Analysis IT Sales 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

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

datapine

AUGUST 29, 2022

7) Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die by Eric Siegel. Best for: someone who has heard a lot of buzz about predictive analytics, but doesn’t have a firm grasp on the subject. – Eric Siegel, author, and founder of Predictive Analytics World.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Smarten

JULY 10, 2018

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.

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. Everything is being tested, and then the campaigns that succeed get more money put into them, while the others aren’t repeated.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

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

datapine

NOVEMBER 27, 2019

While we work on programs to avoid such inconvenience , AI and machine learning are revolutionizing the way we interact with our analytics and data management while increment in security measures must be taken into account. However, businesses today want to go further and predictive analytics is another trend to be closely monitored.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361