datapine

AUGUST 14, 2019

To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations. Thanks to modern data analysis tools , today the costs are decreased since all the data is stored on a cloud and speeds up the process to make better business decisions.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

FineReport

MARCH 24, 2024

Predictive analytics: Forecasting likely outcomes based on patterns and trends to facilitate proactive decision-making. Data analysts contribute value to organizations by uncovering trends, patterns, and insights through data gathering, cleaning, and statistical analysis.

Statistics 52

Statistics Data mining Visualization Reporting 52

Rocket-Powered Data Science

MARCH 19, 2021

The vast scope of this digital transformation in dynamic business insights discovery from entities, events, and behaviors is on a scale that is almost incomprehensible. Traditional business analytics approaches (on laptops, in the cloud, or with static datasets) will not keep up with this growing tidal wave of dynamic data.

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

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

FineReport

JUNE 11, 2021

Business Analytics. Business analytics is how companies use statistical methods and techniques to analyze historical data to gain new insights and improve strategic decision-making. What is the difference between business intelligence and analytics? Analytics and Business Intelligence Tools.

Business Intelligence 98

Business Intelligence Analytics Dashboards Statistics 98

Smarten

JUNE 27, 2018

The prediction accuracy is useful criterion for assessing the model performance. Model with prediction accuracy >= 70% is useful. How Can SVM Classification Analysis Benefit Business Analytics? Let’s examine two business use cases where SVM Classification can benefit the organization. Use Case – 1.

Business Analytics 40

Business Analytics Analytics IT Business Intelligence 40

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. Smarten PMML Integration enables a seamless process, designed for business users,’ says Patel. Models are interpreted in English and model details are logically organized.

Predictive Modeling 52

Predictive Modeling Analytics Predictive Analytics Business Intelligence 52

Rocket-Powered Data Science

JULY 14, 2023

I recently saw an informal online survey that asked users what types of data (tabular; text; images; or “other”) are being used in their organization’s analytics applications. This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative.

Analytics 165

Analytics Internet of Things Prescriptive Analytics Data Science 165

CIO Business Intelligence

MARCH 31, 2023

Business analysts are in high demand, with 24% of Fortune 500 companies currently hiring business analysts across a range of industries, including technology (27%), finance (13%), professional services (10%), and healthcare (5%), according to data from Zippia. Amazon, Capgemini, and IBM.

Business Analysis 93

Business Analysis Testing Business Analytics Statistics 93

Smarten

APRIL 12, 2023

About Smarten 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.

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

FineReport

JUNE 11, 2021

Business Analytics. Business analytics is how companies use statistical methods and techniques to analyze historical data to gain new insights and improve strategic decision-making. What is the difference between business intelligence and analytics? Analytics and Business Intelligence Tools.

Business Intelligence 52

Business Intelligence Analytics Dashboards Statistics 52

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

Smart Data Collective

MAY 8, 2022

Business analytics. According to a study, 97% of businesses invest in big data and AI. From the statistics shown, this means that both AI and big data have the potential to affect how we work in the workplace. This is where business analytic specialists come in. High-performance data systems and MapReduce.

Big Data 106

Big Data Data Analytics Analytics Cost-Benefit 106

BizAcuity

APRIL 1, 2023

Widely used to discover trends, patterns, check assumptions and spot anomalies or outliers, EDA involves a variety of techniques including statistical analysis, and machine learning to gain a better understanding of data. Building a predictive model is a continuous process and commitment.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

BizAcuity

JANUARY 18, 2023

Widely used to discover trends, patterns, check assumptions and spot anomalies or outliers, EDA involves a variety of techniques including statistical analysis, and machine learning to gain a better understanding of data. Predictive Analytics. Predictive modeling for flagging suspicious activity. These include-.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Smart Data Collective

MAY 29, 2023

As a result of the benefits of business analytics , the demand for Data analysts is growing quickly. The Bureau of Labor Statistics reports that the role of research and data analysts is projected to grow as much as 23% in the next 8 years. Data modeling will result in how, in part, a business will set standards.

Data Collection 77

Data Collection Big Data Statistics Software 77

Smarten

JUNE 17, 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.

Analytics 67

Analytics IT Business Intelligence Predictive Modeling 67

AWS Big Data

NOVEMBER 29, 2023

We have improved data lake query performance by integrating with AWS Glue statistics and introduce preview of incremental refresh for materialized views on data lake data to accelerate repeated queries. Use one click to access your data lake tables using auto-mounted AWS Glue data catalogs on Amazon Redshift for a simplified experience.

Data Warehouse 97

Data Warehouse Data Lake Analytics Machine Learning 97

Smarten

APRIL 19, 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.

Slice and Dice 57

Slice and Dice Business Intelligence Advertising Predictive Modeling 57

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

Peter James Thomas

AUGUST 2, 2019

Data Model. Data Operating Model. Decision Model. Embedded BI / Analytics. Statistics. Self-service (BI or Analytics). Data Architecture – Definition (2). Data Catalogue. Data Community. Data Domain (contributor: Taru Väre ). Data Enrichment. Data Federation. Data Function. Data Scrubbing. Infographic.

Analytics 69

Analytics Data Analytics Data Architecture Statistics 69

datapine

JANUARY 6, 2022

More often than not, it involves the use of statistical modeling such as standard deviation, mean and median. Let’s quickly review the most common statistical terms: Mean: a mean represents a numerical average for a set of responses. Quantitative analysis refers to a set of processes by which numerical data is analyzed.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

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. This article focuses on the Independent Samples T Test technique of Hypothesis testing. About Smarten.

Testing 40

Testing Statistics IT Business Intelligence 40

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

Cloudera

FEBRUARY 25, 2021

AMPs move the starting line for any ML project by enabling data scientists to start with a full end-to-end project developed for a similar use case, including a trained and deployed ML model, as well as prebuilt predictive business applications, out of the box. The work of a machine learning model developer is highly complex.

Deep Learning 81

Deep Learning Machine Learning Forecasting Visualization 81

Peter James Thomas

AUGUST 12, 2018

Integrity of statistical estimates based on Data. Having spent 18 years working in various parts of the Insurance industry, statistical estimates being part of the standard set of metrics is pretty familiar to me [7]. The thing with statistical estimates is that they are never a single figure but a range. million ± £0.5

Metrics 49

Metrics Statistics Data Quality Measurement 49

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? About Smarten.

Business Analysis 40

Business Analysis IT Sales Statistics 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. Business Problem: A grocery store sales manager wants to know whether daily sales have increased after an advertising campaign.

Business Analysis 40

Business Analysis Testing Statistics Advertising 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 article describes chi square test of association and hypothesis testing.

Testing 40

Testing Statistics IT Business Intelligence 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.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 29, 2018

This article explains the Karl Pearson Correlation method of analysis, and how it can be applied in business. What is the Karl Pearson Correlation Analytical Technique? Correlation is a statistical measure that indicates the extent to which two variables fluctuate together.

Enterprise 40

Enterprise IT Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

Simple Linear Regression is a statistical technique that attempts to explore the relationship between one independent variable (X) and one dependent variable (Y). This method helps a business to identify the relationship between X and Y and the nature and direction of that relationship. What is Simple Linear Regression?

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

Grooper

AUGUST 19, 2019

ISL eliminates data literacy by modeling the way we learn spoken language. Applied analytics Business analytics Machine learning and data science. Applied Analytics. Applied analytics is all about building a business analytics portfolio of actionable insights which directly affect and improve business processes.

Analytics 54

Analytics Machine Learning Data-driven Data Science 54

Smart Data Collective

OCTOBER 31, 2021

If you have not decided what you will sell, you want to sell a product in demand, you can use the statistics of specialized services, research major players. Detailed market analytics will make this a lot easier. Perhaps you will provide expert advice when the client chooses a product, offers lower prices, and promotions.

Analytics 109

Analytics Data mining Analytics Technologies Sales 109

Smarten

JUNE 26, 2018

For more information about data trend and pattern analysis techniques, read our article entitled, ‘ What Are Data Trends and Patterns, and How Do They Impact Business Decisions?’ ’ The ARIMA model is suggested for short term forecasting. p: to apply autoregressive model on series.

Forecasting 40

Forecasting Enterprise IT Sales 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.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. An Autoregressive Integrated Moving Average with Explanatory Variable (ARIMAX) model can be viewed as a multiple regression model with one or more autoregressive (AR) terms and/or one or more moving average (MA) terms.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40