Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Complete Set of Analytical Techniques. Forecasting. Predictive Analytics Using External Data.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

CIO Business Intelligence

NOVEMBER 14, 2022

Sometimes called advisory systems, consultation systems, or suggestion systems, they provide specialized problem-solving expertise based on a particular domain. They are typically used for tasks including classification, configuration, diagnosis, interpretation, planning, and prediction that would otherwise depend on a human expert.

Data mining 144

Data mining Data-driven Statistics OLAP 144

FineReport

MARCH 24, 2024

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.

Statistics 52

Statistics Data mining Visualization Reporting 52

BizAcuity

MARCH 31, 2022

Gaming companies use AI for segmenting players and predicting churn rates in order to retain them through effective campaigns. 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.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Domino Data Lab

JUNE 2, 2019

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.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Andrew White

JANUARY 11, 2021

As with any good consulting response, “it depends.” Do you recommend a consulting approach strategy rather than a CDO strategy? On end user clients calls, are you hearing a greater focus on use cases and greater need for prescriptive analytics, ex marketing analytics, sales analytics, healthcare, etc.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

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.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52