CIO Business Intelligence

JUNE 7, 2022

In business analytics, this is the purview of business intelligence (BI). Predictive analytics applies techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes.

Data Analytics 133

Data Analytics Diagnostic Analytics Management Analytics 133

Smarten

JUNE 26, 2018

This article describes chi square test of association and hypothesis testing. What is the Chi Square Test of Association Method of Hypothesis Testing? This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type. Use Case – 1.

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 29, 2018

This article focuses on the Independent Samples T Test technique of Hypothesis testing. What is the Independent Samples T Test Method of Hypothesis Testing? Let’s look at a sample of the Independent t-test on two variables. How Can the Independent Samples T Test Method Benefit an Organization?

Testing 40

Testing Statistics IT Business Intelligence 40

Smarten

JUNE 29, 2018

This article discusses the Paired Sample T Test method of hypothesis testing and analysis. What is the Paired Sample T Test? The Paired Sample T Test is used to determine whether the mean of a dependent variable e.g., weight, anxiety level, salary, reaction time, etc., is the same in two related groups.

Business Analysis 40

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CIO Business Intelligence

DECEMBER 11, 2023

This can include steps like replacing the traditional net present value/discounted cash flow calculator with multi-scenario models to stress-test multiple different forecasts under countless different scenarios.

Finance 100

Finance Forecasting IoT Predictive Modeling 100

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. About Smarten.

Business Intelligence 52

Business Intelligence Predictive Modeling Statistics Data-driven 52

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

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. Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations.

Data Science 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

CIO Business Intelligence

AUGUST 23, 2023

“You’re able to select a smaller number of stocks with predictive return and lower operational and transaction costs, which ultimately means that you can reduce the variability and more accurately predict returns,” Muthukrishnan says. It’s important for us to test the technology and be ready,” Muthukrishnan says.

IT 84

IT Machine Learning Risk Optimization 84

CIO Business Intelligence

OCTOBER 5, 2023

As chief digital and technology officer at CBRE, Davé recognized early that the commercial real estate industry was ripe for AI and machine learning enhancements, and he and his team have tested countless use cases across the enterprise ever since. For AI, the high-value quadrant is where you’ll find most predictive modeling.

Experimentation 126

Experimentation Strategy Machine Learning Interactive 126

CIO Business Intelligence

OCTOBER 13, 2023

Data scientist As companies embrace gen AI, they need data scientists to help drive better insights from customer and business data using analytics and AI. The role of algorithm engineer requires knowledge of programming languages, testing and debugging, documentation, and of course algorithm design.

Deep Learning 143

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Juice Analytics

MARCH 11, 2021

At Juice, we’ve helped our clients launch dozens of data products that generate new revenue streams, differentiate their solutions in the market and build stronger customer relationships. Predictive models to take descriptive data and attempt to tell the future. Along the way, we’ve learned a lot about what works and doesn’t.

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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. . Integrate the data sources of the various behavioral attributes into a functional data model.

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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

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 20, 2018

The business can use this information for forecasting and planning, and to test theories and strategies. 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. Linear Trend. About Smarten.

Forecasting 40

Forecasting Statistics Business Intelligence Predictive Modeling 40

CIO Business Intelligence

MAY 26, 2022

The human resource management (HRM) market – including talent acquisition software and services – is currently valued at nearly $20 billion. With the Great Resignation showing no signs of letting up, recruiters are looking for all the help they can get to replenish their headcounts with qualified talent. Human Resources, SaaS

Advertising 124

Advertising Machine Learning Software Measurement 124

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

CIO Business Intelligence

MAY 28, 2022

The human resource management (HRM) market – including talent acquisition software and services – is currently valued at nearly $20 billion. With the Great Resignation showing no signs of letting up, recruiters are looking for all the help they can get to replenish their headcounts with qualified talent. Human Resources, SaaS

Advertising 116

Advertising Machine Learning Software Measurement 116

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

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

CIO Business Intelligence

APRIL 25, 2022

The data scientist bootcamp is a nine-month, online, part-time course that provides skills in Python and essential libraries, statistical hypothesis testing, machine learning, natural language processing, computer vision, SQL, and soft skills related to the profession. The data analyst bootcamp is a seven-month, online, part-time course.

Data Science 145

Data Science Machine Learning Deep Learning Statistics 145

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. Simply create the predictive model, using your favorite platform, export the model as a PMML file and import that model to Smarten.

Predictive Modeling 52

Predictive Modeling Analytics Predictive Analytics Business Intelligence 52

O'Reilly on Data

SEPTEMBER 19, 2023

And then there was the other problem: for all the fanfare, Hadoop was really large-scale business intelligence (BI). This is the power of marketing.) You can see a simulation as a temporary, synthetic environment in which to test an idea. Millions of tests, across as many parameters as will fit on the hardware.

Machine Learning 247

Machine Learning Testing Modeling Cost-Benefit 247

CIO Business Intelligence

MARCH 5, 2024

CIOs and IT leaders are at the center and must decide what copilots to test, who should receive access, and whether experiments are delivering business value. Today, top AI-assistant capabilities delivering results include generating code, test cases, and documentation.

Cost-Benefit 120

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datapine

JANUARY 31, 2022

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. Everything is being tested, and then the campaigns that succeed get more money put into them, while the others aren’t repeated.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

CIO Business Intelligence

AUGUST 15, 2023

They turned to artificial intelligence to help. In partnership with OpenAI and Microsoft, CarMax worked to develop, test, and iterate GPT-3 natural language models aimed at achieving those results. SafeSpect is the only device-agnostic web-based inspection platform in the market that works with or without connectivity.

IT 96

IT Manufacturing IoT Cost-Benefit 96

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

CIO Business Intelligence

MARCH 22, 2023

However, there is still a market need for solutions deployed across the ML lifecycle (before and after model training) to protect PII while accessing vast datasets – without drastically changing the methodology and hardware used today. This can result in accuracy loss and undermine the model’s capabilities in the inference stage.

Machine Learning 104

Machine Learning Cost-Benefit Modeling Risk 104

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 10, 2018

Frequent Pattern Mining (Association): What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis? Use Case(s): Market Basket Analysis, Frequently Bundled Products and more. Use Case(s): Predicting Loan Default, Predicting Success of Medical Treatment and more.

Analytics 40

Analytics Forecasting Statistics Sales 40

datapine

NOVEMBER 27, 2019

Over the past decade, business intelligence has been revolutionized. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. 2019 was a particularly major year for the business intelligence industry. Source: Business Application Research Center *.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

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.” Installation is easy. About Smarten. Original Post : Smarten Augmented Analytics Now Available on Mobile App!

Key Performance Indicator 74

Key Performance Indicator Analytics Business Intelligence Dashboards 74

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 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

JULY 3, 2017

When an enterprise selects a self-serve business intelligence solution with Advanced Data Discovery , Smart Data Visualization , Plug n’ Play Predictive Analysis and Self-Serve Data Preparation , it can create an environment where business users are empowered and become greater assets to the organization.

Predictive Modeling 40

Predictive Modeling Visualization Business Intelligence Experimentation 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