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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable. This is predictive power discovery.

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Five Steps for Building a Successful BI Strategy

Sisense

We’ve even gone as far as saying that every company is a data company , whether they know it or not. And every business – regardless of the industry, product, or service – should have a data analytics tool driving their business. 3 Define how the data will be shared (and how it will be distributed).

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What Is Embedded Analytics?

Jet Global

This is in contrast to traditional BI, which extracts insight from data outside of the app. As rich, data-driven user experiences are increasingly intertwined with our daily lives, end users are demanding new standards for how they interact with their business data. Yes—but basic dashboards won’t be enough.