CIO Business Intelligence

JUNE 7, 2022

To ensure robust analysis, data analytics teams leverage a range of data management techniques, including data mining, data cleansing, data transformation, data modeling, and more. What are the four types of data analytics? In business analytics, this is the purview of business intelligence (BI).

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

Birst BI

OCTOBER 30, 2018

Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? This data retrieval and summarization capability gave rise to what we now know as the business intelligence industry.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

datapine

MARCH 25, 2022

1) What Is Business Intelligence And Analytics? 4) How Do BI And BA Apply To Business? If someone puts you on the spot, could you tell him/her what the difference between business intelligence and analytics is? What’s the difference between Business Analytics and Business Intelligence?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Reporting 52

FineReport

APRIL 26, 2023

The Big Data ecosystem is rapidly evolving, offering various analytical approaches to support different functions within a business. Descriptive Analytics is used to determine “what happened and why.” How to Choose the Right Big Data Analytics Tools? Another key benefit of FineReport is its flexibility.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

CIO Business Intelligence

OCTOBER 10, 2022

Shifting descriptive analytics to predictive analytics is a huge undertaking for most companies in their digital transformation. Siloed processes and disconnected systems are the nightmares of businesses.

Enterprise 52

Enterprise Forecasting Descriptive Analytics Digital Transformation 52

Domino Data Lab

JANUARY 21, 2021

There is a risk of injecting bias. It’s worth noting that there is a landscape of proprietary tools dedicated to producing descriptive analytics in the name of business intelligence. As a result, exploratory analysis is inherently iterative, and difficult to scope. ref: [link].

Statistics 106

Statistics Unstructured Data Data Science Predictive Modeling 106