Smart Data Collective

NOVEMBER 24, 2020

As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. The market for business intelligence services is expected to reach $33.5 top 5 key platforms that control the future of business intelligence impacts BI may have on your business in the future.

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130

CIO Business Intelligence

JULY 5, 2022

Research firm Gartner defines business analytics as “solutions used to build analysis models and simulations to create scenarios, understand realities, and predict future states.”. The discipline is a key facet of the business analyst role. What are the benefits of business analytics?

Business Analytics 133

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 133

CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI).

Data Analytics 134

Data Analytics Diagnostic Analytics Management Analytics 134

IBM Big Data Hub

SEPTEMBER 19, 2023

Data analytics is a task that resides under the data science umbrella and is done to query, interpret and visualize datasets. Business users will also perform data analytics within business intelligence (BI) platforms for insight into current market conditions or probable decision-making outcomes.

Data Science 77

Data Science Data Analytics Prescriptive Analytics Analytics 77

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems vs. business intelligence DSS and business intelligence (BI) are often conflated. Decision support systems are generally recognized as one element of business intelligence systems, along with data warehousing and data mining. Forecasting models. Analytics, Data Science

Data mining 139

Data mining Data-driven Statistics OLAP 139

Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Forecasting. Analyze the Model with Visualization and Interpretation. Trends and Patterns.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

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