IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

Data Science 84

Data Science Data Analytics Prescriptive Analytics Analytics 84

CIO Business Intelligence

JUNE 7, 2022

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics?

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

CIO Business Intelligence

JULY 5, 2022

What are the benefits of business analytics? What is the difference between business analytics and data analytics? Business analytics is a subset of data analytics. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

datapine

MARCH 25, 2022

There is not a clear line between business intelligence and analytics, but they are extremely connected and interlaced in their approach towards resolving business issues, providing insights on past and present data, and defining future decisions. What Is The Difference Between Business Intelligence And Business Analytics.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Rocket-Powered Data Science

OCTOBER 6, 2023

The counterexample to the supervised learning explanation of precursor analytics is a “black swan” event – a rare high-impact event that is difficult to predict under normal circumstances – such as the global pandemic, which led to the failure of many predictive models in business. Pay attention!

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

JANUARY 31, 2022

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. BI users analyze and present data in the form of dashboards and various types of reports to visualize complex information in an easier, more approachable way.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Jet Global

MAY 1, 2023

Third-party data might include industry benchmarks, data feeds (such as weather and social media), and/or anonymized customer data. Four Approaches to Data Analytics The world of data analytics is constantly and quickly changing. Diagnostic Analytics: No longer just describing.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52