Remove Consulting Remove Prescriptive Analytics Remove Reporting Remove Visualization
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Decoding Data Analyst Job Description: Skills, Tools, and Career Paths

FineReport

By conducting extensive research and analysis, they generate reports that inform strategic decisions, identify areas for enhancement, and guide the implementation of new initiatives. Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios.

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MRO spare parts optimization

IBM Big Data Hub

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms?

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Re-Visualizing Business Intelligence, now let’s chat!

Smarten

Since it is the prerogative of a consultant to question and modify predominant jargon, I am hatting (yes, this too is an English word) …I am hatting myself in the hat of a consultant this morning, and I am questioning the application of the term “ Business Intelligence.” The consultant’s hat does not suit this guy!

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

These systems include file drawer and management reporting systems, executive information systems, and geographic information systems (GIS). Sometimes called advisory systems, consultation systems, or suggestion systems, they provide specialized problem-solving expertise based on a particular domain. Analytics, Data Science

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

Smart Data Collective

Prescriptive Analytics. The companies that yield BI-related tasks to internal IT teams now, are likely to hire expert consultants in the next years. Automation & Augmented Analytics. Augmented analytics uses artificial intelligence to process data and prepare insights based on them. Increase in ROI.

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Five Steps for Building a Successful BI Strategy

Sisense

And every business – regardless of the industry, product, or service – should have a data analytics tool driving their business. As the Global Team Lead of BI Consultants at Sisense, I can say that the projects I’ve worked on where a BI strategy was involved, were more successful than projects without a strategy.

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

The healthcare industry stores ridiculously high amounts of big data- both structured and unstructured for research & development, population health management, technological innovations, patient health history and their medical reports management. Prescriptive Analytics: Prescriptive analytics is the most complex form of analytics.