CIO Business Intelligence

JUNE 7, 2022

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). It is frequently used for risk analysis.

Data Analytics 123

Data Analytics Diagnostic Analytics Management Analytics 123

Birst BI

OCTOBER 30, 2018

Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? Today, the most common usage of business intelligence is for the production of descriptive analytics. .

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Sisense

JUNE 30, 2020

Data is usually visualized in a pictorial or graphical form such as charts, graphs, lists, maps, and comprehensive dashboards that combine these multiple formats. Broadly, there are three types of analytics: descriptive , prescriptive , and predictive. Visualizations: past, present, and future.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

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

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

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.”. Clearly in these situations, becoming model-driven addresses an existential risk and that’s the point Nick Elprin made in his keynote. Being model-driven is like using GPS.”. “If Because of compliance. Worse than flipping a coin!

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Jet Global

MAY 1, 2023

Their dashboards were visually stunning. In turn, end users were thrilled with the bells and whistles of charts, graphs, and dashboards. When visualizations alone aren’t enough to set an application apart, is there still a way for product teams to monetize embedded analytics? Yes—but basic dashboards won’t be enough.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52