CIO Business Intelligence

NOVEMBER 14, 2022

They generally leverage simple statistical and analytical tools, but Power notes that some OLAP systems that allow complex analysis of data may be classified as hybrid DSS systems. Commonly used models include: Statistical models. Analytics, Data Science They emphasize access to and manipulation of a model.

Data mining 136

Data mining Data-driven Statistics OLAP 136

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

IBM Big Data Hub

JANUARY 25, 2024

Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms? IBM supply chain consulting services can also strengthen supply chain management, helping clients build resilient, agile and sustainable end-to-end supply chains for the future.

Optimization 77

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 77

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.’ Descriptive Statistics. Trends and Patterns. Forecasting. Classification. Hypothesis Testing. Correlation.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

Smarten

FEBRUARY 16, 2023

Gartner says that a Citizen Data Scientist is “a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside of the field of statistics and analytics.” This term has been around for some time and was popularized by Gartner.

Prescriptive Analytics 52

Prescriptive Analytics Statistics Consulting Metrics 52

Smarten

JANUARY 18, 2023

Gartner defines a citizen data scientist as ‘a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside of the field of statistics and analytics.’

Key Performance Indicator 52

Key Performance Indicator Prescriptive Analytics Business Objectives Measurement 52

Smart Data Collective

NOVEMBER 24, 2020

Prescriptive Analytics. The companies that yield BI-related tasks to internal IT teams now, are likely to hire expert consultants in the next years. In the future of business intelligence, eliminating waste will be easier thanks to better statistics, timely reporting on defects and improved forecasts.

Business Intelligence 130

Business Intelligence Visualization Dashboards Prescriptive Analytics 130