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What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

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.

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What’s the Difference Between Business Intelligence and Business Analytics?

Sisense

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?

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics also involves data mining, statistical analysis, predictive modeling, and the like, but is focused on driving better business decisions. What is the difference between business analytics and business intelligence? Predictive analytics: What is likely to happen in the future?

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

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).

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Decoding Data Analyst Job Description: Skills, Tools, and Career Paths

FineReport

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.

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Straumann Group is transforming dentistry with data, AI

CIO Business Intelligence

The company’s orthodontics business, for instance, makes heavy use of image processing to the point that unstructured data is growing at a pace of roughly 20% to 25% per month. Advances in imaging technology present Straumann Group with the opportunity to provide its customers with new capabilities to offer their clients.

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Reporting vs Analytics: Why Different & Which is More Needed?

FineReport

Definitions : Reporting vs Analytics. In general, reporting presents what is happening, and analysis explains why it is happening. Reporting refers to the process of taking factual data and presents it in an organized form. As you can see, the data is collected and presented in a clear structure. Reporting with Pushing.