Birst BI

OCTOBER 30, 2018

Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior. The vast majority of financial services companies use the data within their applications for what is called “ Descriptive Analytics.”

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

CIO Business Intelligence

JULY 5, 2022

What are the benefits of business analytics? Business analytics and business intelligence (BI) serve similar purposes and are often used as interchangeable terms, but BI can be considered a subset of business analytics. Predictive analytics: What is likely to happen in the future? This is the purview of BI.

Business Analytics 125

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 125

CIO Business Intelligence

JUNE 7, 2022

What are the four types of data analytics? More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI).

Data Analytics 128

Data Analytics Diagnostic Analytics Management Analytics 128

FineReport

APRIL 26, 2023

The Big Data ecosystem is rapidly evolving, offering various analytical approaches to support different functions within a business. Descriptive Analytics is used to determine “what happened and why.” ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Sisense

SEPTEMBER 12, 2019

A business intelligence strategy is a blueprint that enables businesses to measure their performance, find competitive advantages, and use data mining and statistics to steer the business towards success. . Most companies find themselves in the bottom left corner, in the Descriptive Analytics and Diagnostic Analytics sections.

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

Domino Data Lab

JUNE 2, 2019

If your business is using big data and putting dashboards in front of analysts, you’re missing the point.”. Moving beyond introductions, i.e., the more descriptive and anecdotal aspects, Kahneman explored tools we can use to overcome the effects of cognitive bias. Measure how these decisions vary across your population.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

datapine

JANUARY 31, 2022

Because things are changing and becoming more competitive in every sector of business, the benefits of business intelligence and proper use of data analytics are key to outperforming the competition. 5) Find improvement opportunities through predictions. The results? 4) Improve Operational Efficiency. 6) Smart and faster reporting.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214