Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

Predictive Analytics 122

Predictive Analytics Analytics Predictive Modeling Data mining 122

Birst BI

OCTOBER 30, 2018

This data retrieval and summarization capability gave rise to what we now know as the business intelligence industry. Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Sisense

MARCH 27, 2019

Unlike traditional models that look at historical data for patterns, real-time analytics focuses on understanding information as it arrives to help make faster, better decisions. Today, real time business intelligence is a necessity more than a luxury, so it’s important to understand exactly what it is, and what it can do for you.

Business Intelligence 74

Business Intelligence Data Warehouse Predictive Modeling Visualization 74

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 methods and techniques.

Data Analytics 129

Data Analytics Diagnostic Analytics Management Analytics 129

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. This not only enhances the quality of care but also contributes to improved patient outcomes.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Smarten

JUNE 26, 2018

Finance – An organization might use this technique to Identify if demographic factors influence banking channel/product/service preference or selection of a type of term plan of an insurance etc. How Can the Chi Square Test of Association Be Used for Business Analysis?

Testing 40

Testing Statistics IT Business Intelligence 40

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