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 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

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 128

Data Analytics Diagnostic Analytics Management Analytics 128

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

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

Business Analytics 125

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 125

Smarten

APRIL 10, 2023

Leverage Enterprise Investments for Predictive Analytics and Gain Numerous Advantages! Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Why the focus on predictive analytics?

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

IBM Big Data Hub

JULY 6, 2023

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.

Machine Learning 57

Machine Learning Data Science Statistics Deep Learning 57

datapine

NOVEMBER 27, 2019

You simply choose the data source you want to analyze and the column/variable (for instance, revenue) that the algorithm should focus on. Then, calculations will be run and come back to you with growth/trends/forecast, value driver, key segments correlations, anomalies, and what-if analysis. How can we make it happen?

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361