CIO Business Intelligence

JULY 5, 2022

Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes. Prescriptive analytics: What do we need to do? Simplilearn adds a fourth technique : Diagnostic analytics: Why is it happening? Business analytics dashboard components.

Business Analytics 135

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 135

CIO Business Intelligence

NOVEMBER 14, 2022

Bayer Crop Science has applied analytics and decision-support to every element of its business, including the creation of “virtual factories” to perform “what-if” analyses at its corn manufacturing sites. ERP dashboards. These models are used to establish relationships between events and factors related to that event.

Data mining 144

Data mining Data-driven Statistics OLAP 144

IBM Big Data Hub

SEPTEMBER 19, 2023

Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations. An electrical engineer can use prescriptive analytics to digitally design and test out various electrical systems to see expected energy output and predict the eventual lifespan of the system’s components.

Data Science 77

Data Science Data Analytics Prescriptive Analytics Analytics 77

FineReport

APRIL 26, 2023

.” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Birst BI

OCTOBER 30, 2018

Remember when you began your career and the prospect of retirement was an event in the distant future? The integration of historical data and predictive analytics is key to operationalizing predictive capabilities in large financial services organizations. Create the reports & dashboards needed to visualize the predictions.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Rocket-Powered Data Science

JULY 14, 2023

Low-latency data access and delivery (system requirement) is necessary for delivery of low-latency analytics products (business user requirement). Along with the massive growth in sensor data (including location-based and time-based streaming data), there have emerged some special analytics categories that are growing in significance.

Analytics 166

Analytics Internet of Things Prescriptive Analytics Data Science 166

AWS Big Data

MARCH 26, 2024

Amazon Kinesis ingests streaming events in real time from point-of-sales systems, clickstream data from mobile apps and websites, and social media data. You could also consider using Amazon Managed Streaming for Apache Kafka (Amazon MSK) for streaming events in real time. You need to process this to make it ready for analysis.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69