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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

What is business analytics? Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. The discipline is a key facet of the business analyst role. Business analytics techniques.

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What’s the Difference Between Business Intelligence and Business Analytics?

Sisense

This is where Business Analytics (BA) and Business Intelligence (BI) come in: both provide methods and tools for handling and making sense of the data at your disposal. So…what is the difference between business intelligence and business analytics? What Does “Business Analytics” Mean?

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Smarten Announces SnapShot Anomaly Monitoring Alerts: Powerful Tools for Business Users!

Smarten

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

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How to Leverage Machine Learning for AML Compliance

BizAcuity

AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

Data analytics draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance. What are the four types of data analytics? In business analytics, this is the purview of business intelligence (BI).

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How to Leverage Machine Learning for AML Compliance

BizAcuity

AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. Predictive Analytics. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise.

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What is SVM Classification Analysis and How Can It Benefit Business Analytics?

Smarten

To explore this technique further, let’s conduct the SVM classification using the following variables: Here we see a sample output for the actual versus predicted outcome. The prediction accuracy is useful criterion for assessing the model performance. Model with prediction accuracy >= 70% is useful.