Remove Consulting Remove Descriptive Analytics Remove Forecasting Remove Prescriptive Analytics
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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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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management. Artificial Intelligence Analytics. Prescriptive Analytics: Prescriptive analytics is the most complex form of analytics.

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Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

More near-term, Kahneman suggested the use of pre-mortems – also called backcasting, as a contrapositive of forecasting. Full disclosure: I’m part of that effort and consulting on behalf of NYU. Addressing cognitive bias with pre-mortems. That may take a while. Jupyter and NYU have been busy addressing that problem.

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What Is Embedded Analytics?

Jet Global

In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. They bring the domain expertise necessary to implement embedded analytics successfully.