CIO Business Intelligence

JULY 5, 2022

What are the benefits of business analytics? Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more. What is the difference between business analytics and business intelligence?

Business Analytics 125

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 125

Sisense

AUGUST 11, 2019

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?

Business Intelligence 75

Business Intelligence Business Analytics Analytics OLAP 75

FineReport

APRIL 21, 2024

Introduction to the World of SaaS BI Tools In today’s data-driven business landscape, SaaS BI tools have emerged as indispensable assets for companies seeking to harness the power of data. But what exactly are SaaS BI tools , and why do they matter in the realm of modern business intelligence? What Are SaaS BI Tools?

Business Intelligence 52

Business Intelligence Visualization Dashboards Data-driven 52

Smarten

MAY 2, 2018

Can Plug & Play Predictive Analytics Help Business Users Function Effectively? Plug & Play Predictive Analytics is not an exotic process that is limited to data scientists or IT staff. Plug & play predictive analysis is so named because it really is a plug and play process.

Predictive Analytics 40

Predictive Analytics Analytics Predictive Modeling Forecasting 40

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 128

Data Analytics Diagnostic Analytics Management Analytics 128

Smarten

JANUARY 31, 2019

Many organizations have grown comfortable with their business intelligence solution, and find it difficult to justify the need for advanced analytics. How is Advanced Analytics Different from Business Intelligence?

Business Intelligence 40

Business Intelligence Analytics Predictive Modeling Forecasting 40

Smarten

NOVEMBER 19, 2018

The process of predictive analytics has come far in the past decade. Today’s self-serve predictive analytics and forecasting tools are designed to support business users and data analysts alike. What is Predictive Analytics? Can Predictive Analytics Help You Achieve Business Objectives?

Business Objectives 40

Business Objectives Predictive Analytics Analytics Forecasting 40

Smarten

DECEMBER 3, 2023

Perhaps your business is considering an augmented analytics solution, or your enterprise already has some version of business intelligence or analytics and it wishes to upgrade or transition to a more beneficial solution. Maybe you just want to understand the analytics solution market better.

Key Performance Indicator 52

Key Performance Indicator Analytics IT Predictive Analytics 52

Smarten

APRIL 12, 2023

Smarten announces the launch of SnapShot Anomaly Monitoring Alerts for Smarten Augmented Analytics. SnapShot Monitoring provides powerful data analytical features that reveal trends and anomalies and allow the enterprise to map targets and adapt to changing markets with clear, prescribed actions for continuous improvement.

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

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

Smarten

NOVEMBER 26, 2023

Selecting a Business Intelligence (BI) Solution Business Intelligence (BI) is the lifeblood of an organization. You have a good understanding of business intelligence (BI), the importance of this concept for businesses and business users and the various aspects and factors to be considered in planning a BI implementation.

Business Intelligence 40

Business Intelligence Key Performance Indicator ROI Dashboards 40

Smarten

JULY 26, 2022

Smarten CEO, Kartik Patel says, “The availability of Smarten augmented analytics on a mobile device encourages user adoption and provides support for business intelligence investments and data democratization.” Original Post : Smarten Augmented Analytics Now Available on Mobile App! Installation is easy.

Key Performance Indicator 74

Key Performance Indicator Analytics Business Intelligence Dashboards 74

datapine

AUGUST 14, 2019

Companies surely need data scientists to help them empower their analytics processes, build a numbers-based strategy that will boost their bottom line, and ensure that enormous amounts of data are translated into actionable insights. But being an inquisitive Sherlock Holmes of data is no easy task. BI Tools And Applications.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Smarten

NOVEMBER 8, 2022

“By the end of this course, participants will understand the role and value of Citizen Data Scientists and the benefits to the organization, as well as the integration points and cultural shifts that will position analytical professionals and Citizen Data Scientists to work more productively,” Patel says. About Smarten.

Business Intelligence 52

Business Intelligence Predictive Modeling Statistics Data-driven 52

IBM Big Data Hub

SEPTEMBER 19, 2023

Business users will also perform data analytics within business intelligence (BI) platforms for insight into current market conditions or probable decision-making outcomes. For example, retailers can predict which stores are most likely to sell out of a particular kind of product.

Data Science 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

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. About Smarten.

Analytics 67

Analytics IT Business Intelligence Predictive Modeling 67

Smarten

APRIL 19, 2022

Sentiment Analysis can help you solve problems,” says Patel, ‘And it can identify opportunities and improve your brand image and competitive stance in the market.’. Smarten Sentiment Analysis provides a powerful Artificial Intelligence (AI) technique to analyze customer feedback, and understand attitudes about products, events, trends, etc.

Slice and Dice 57

Slice and Dice Business Intelligence Advertising Predictive Modeling 57

Smarten

JUNE 10, 2022

Obviously, when it comes to your competitive market space, your business does not want to exist in that 68% of the pie chart! Data Privacy to ensure government and industry regulations are in compliance as business users adopt self-serve BI tools. Predictive Modeling to support business needs, forecast, and test theories.

Slice and Dice 52

Slice and Dice Analytics Key Performance Indicator Business Intelligence 52

Smarten

FEBRUARY 13, 2022

Today’s business users work in an environment that requires both traditional BI tools, and modern business intelligence with augmented analytics capabilities.

Analytics 52

Analytics Key Performance Indicator Business Intelligence ROI 52

CIO Business Intelligence

OCTOBER 4, 2022

They identified two architectural elements for processing and delivering data: the “data platform,” which covers the sourcing, ingestion, and storage of data sets, and the “machine learning (ML) system,” which trains and productizes predictive models using input data. Data Architecture, IT Leadership

Machine Learning 97

Machine Learning Data Architecture Uncertainty Data-driven 97

Smarten

JUNE 28, 2018

This type of analysis can be applied to segment customers by purchase history, segment users by the types of activities they perform on websites or applications, to develop consumer profiles based on activities or interests, and to recognize market segments, etc. How Does and Organization Use Hierarchical Clustering to Analyze Data?

IT 40

IT Business Intelligence Predictive Modeling Risk 40

Smarten

JANUARY 5, 2023

AND that isn’t going to change just because you decide to implement a business intelligence or augmented analytics solution. But what if you could improve the return on investment (ROI) and total cost of ownership (TCO) results of your new augmented analytics solution and your enterprise apps and software – all at the same time?

ROI 52

ROI Business Intelligence Cost-Benefit Software 52

Smarten

JUNE 26, 2018

Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible in some self-serve business intelligence solutions. Cross marketing/Selling – To work with other businesses that complement your business, but not your competitors.

Business Intelligence 40

Business Intelligence Sales Predictive Modeling Statistics 40

Smarten

DECEMBER 3, 2023

Let’s look at some of the reasons business intelligence (BI) and augmented analytics are important to your business and the benefits this type of solution can provide for your enterprise.

Analytics 40

Analytics Cost-Benefit Data Quality Consulting 40

Smarten

DECEMBER 12, 2018

Many businesses are just discovering the benefits of self-serve business intelligence and establishing data democratization initiatives but, as every business manager and team member knows, business markets and competition move rapidly and yesterday’s business intelligence initiatives are morphing into advanced analytics efforts.

Analytics 40

Analytics Business Intelligence Data mining Predictive Modeling 40

Smarten

JUNE 25, 2018

KMeans Clustering can be applied to segment customers by purchasing history, segment users by the activities they perform on a website, define demographic profiles based on interests, and recognize market patterns. Business Problem: Organizing customers into groups/segments based on similar traits, product preferences and expectations.

Enterprise 40

Enterprise IT Business Intelligence Predictive Modeling 40

Smarten

JUNE 21, 2018

Because the results are smoothed, and the user can select the best option for the TYPE of data to be analyzed, the enterprise can avoid assigning too much weight or importance to older data that may no longer be as valid because of changing buying behaviors, market competition or other factors. 3) Triple Exponential Smoothing Use Case.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Smarten

JUNE 26, 2018

This analytical technique can be used for numerous purposes. Marketing / Market Research – To determine if certain types of products sell better in certain geographic locations than others, and to verify if gender has an influence on purchasing decisions. Use Case – 1. Use Case – 2.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 29, 2018

For instance, if promotions and holiday seasons are significant factors, these factors should be given more focus when devising a marketing strategy. Business Problem: An agriculture production firm wants to predict the impact of the amount of rainfall, humidity, and temperature on the yield of particular crop.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 29, 2018

Marketing – Does customer segment A spend more on groceries than customer segment B? Here, the dependent variable would be ‘Purchase Amount’ Business Benefit: Once the test is completed, a p-value is generated which indicates whether there is a statistical difference between the purchase amounts of both segments.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 29, 2018

Business Problem: A market research agency wants to cluster various survey responders into groups, based on the rank correlation output. 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.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 20, 2018

A basic understanding of the types and uses of trend and pattern analysis is crucial, if an enterprise wishes to take full advantage of these analytical techniques and produce reports and findings that will help the business to achieve its goals and to compete in its market of choice. About Smarten.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

Smarten

JUNE 27, 2018

Similarly, regression trees can also be used to identify the market segment, identifying who is more likely to respond to a future mailing. The Decision Tree analysis technique is useful in classifying and segmenting markets, types of customers and other categories in order to make decisions on where to focus enterprise resources.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

Cross Marketing and Selling – To work with other businesses that complement your own, not competitors. For example, vehicle dealerships and manufacturers have cross marketing campaigns with oil and gas companies for obvious reasons. Use Case – 1. Use Case – 2.

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

Smarten

JULY 19, 2017

To be successful in business, every organization must find a way to accurately forecast and predict the future of its market, and its internal operations, and better understand the buying behavior of its customers and prospects.

Business Intelligence 40

Business Intelligence Predictive Modeling Cost-Benefit Data-driven 40

Smarten

JUNE 25, 2018

Business Problem: Find out the average age and income for a particular type of product category purchased. Business Benefit: By identifying mean/median income of this segment, one can target marketing to this segment in order to improve ROI and sales revenue. Be sure to choose the right method for the type of data.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

Smarten

JUNE 29, 2018

How is the Paired Sample T Test Beneficial to Business Analysis? Marketing – Have sales increased following a particular campaign? 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.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40