Remove Data Analytics Remove Forecasting Remove Metrics Remove Prescriptive Analytics
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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

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.

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

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. Predictive analytics: What is likely to happen in the future? Prescriptive analytics: What do we need to do?

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Big Data Skill sets that Software Developers will Need in 2020

Smart Data Collective

From artificial intelligence and machine learning to blockchains and data analytics, big data is everywhere. A global retailer like Amazon with its same-day shipping and multi-channel services might have billions of data points across several sectors. Gartner estimates a retail IT spend forecast of $210.9

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Data science vs. machine learning: What’s the difference?

IBM Big Data Hub

It uses advanced tools to look at raw data, gather a data set, process it, and develop insights to create meaning. Areas making up the data science field include mining, statistics, data analytics, data modeling, machine learning modeling and programming.

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A Guide to Data Analytics in the Travel Industry

Alation

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. Why is data analytics important for travel organizations? How is data analytics used in the travel industry?

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Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

The following figure shows some of the metrics derived from the study. Strategize based on how your teams explore data, run analyses, wrangle data for downstream requirements, and visualize data at different levels. Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics.

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Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

She had much to say to leaders of data science teams, coming from perspectives of data engineering at scale. And by “scale” I’m referring to what is arguably the largest, most successful data analytics operation in the cloud of any public firm that isn’t a cloud provider. Worse than flipping a coin! That may take a while.