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Introduction To The Basic Business Intelligence Concepts

datapine

This concept is known as business intelligence. Business intelligence, or “BI” for short, is becoming increasingly prevalent across industries each year. But with business intelligence concepts comes a great deal of confusion, and ultimately – unnecessary industry jargon. Learn here! But more on that later.

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Top 8 predictive analytics tools compared

CIO Business Intelligence

But sometimes can often be more than enough if the prediction can help your enterprise plan better, spend more wisely, and deliver more prescient service for your customers. What are predictive analytics tools? Predictive analytics tools blend artificial intelligence and business reporting.

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What is predictive analytics? Transforming data into future insights

CIO Business Intelligence

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028.

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Predictive Analytics: The Next Frontier of Business Intelligence

Sisense

No one can expect to unveil what’s coming with absolute certainty, but even having some idea of what to expect next quarter or next year can evolve a business and transform an industry. Predictions like those, indeed predictive analytics itself, rely on a deep understanding of the past and present, expressed by data.

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Get Ready For These Six 2020 Business Intelligence Trends

Smart Data Collective

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

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Software vendors offer AI sales boost for retail at NRF show

CIO Business Intelligence

If software vendors have their way, the answer is likely to involve more artificial intelligence. Sales statistics Two recent surveys concur that only a tiny minority of retailers have no plans to implement AI today.

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

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.