article thumbnail

6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. It will ultimately help them spot new business opportunities, cut costs, or identify inefficient processes that need reengineering. The power of knowledge.

article thumbnail

Understanding BI Tools in Today’s Market

Smarten

This approach typically focuses on descriptive analytics based on historical data to answer the question “What happened?” or What is happening? The primary difference between traditional and modern BI lies in flexibility and accessibility. And that is exactly what is happening!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Is The Difference Between Business Intelligence And Analytics?

datapine

While some experts try to underline that BA focuses, also, on predictive modeling and advanced statistics to evaluate what will happen in the future, BI is more focused on the present moment of data, making the decision based on current insights. What Is Business Intelligence And Analytics? BI and BA Use-Case Scenarios?

article thumbnail

How to supercharge data exploration with Pandas Profiling

Domino Data Lab

Predictive modeling efforts rely on dataset profiles , whether consisting of summary statistics or descriptive charts. Results become the basis for understanding the solution space (or, ‘the realm of the possible’) for a given modeling task. But what about the costs involved with doing so, “properly”?

article thumbnail

What Is Embedded Analytics?

Jet Global

These benefits provide a 360-degree feedback loop. Embedded analytics has proven to be a must-have for staying in compliance. In this new era, users expect to reap the benefits of analytics in every application that they touch. Users are coming to expect sophisticated analytics at little or no cost.