CIO Business Intelligence

JULY 5, 2022

Business analytics and business intelligence (BI) serve similar purposes and are often used as interchangeable terms, but BI can be considered a subset of business analytics. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward. Business analytics techniques.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

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

Cloudera

SEPTEMBER 22, 2022

To me, this means that by applying more data, analytics, and machine learning to reduce manual efforts helps you work smarter. There are many third-party data options in today’s marketplace to further enhance underwriting, so it is important to select the ones that add the most value to risk assessments.

Analytics 95

Analytics Insurance IoT Risk 95

O'Reilly on Data

OCTOBER 16, 2018

Create a coherent BI strategy that aligns data collection and analytics with the general business strategy. They recognize the instrumental role data plays in creating value and see information as the lifeblood of the organization. That’s why decision-makers consider business intelligence their top technology priority.

Business Intelligence 150

Business Intelligence Data Science Descriptive Analytics Strategy 150

FineReport

MARCH 24, 2024

Data Analyst Job Description Data analysts play a crucial role in extracting actionable insights from diverse data sources, aiding businesses in cost reduction and revenue growth. Utilizing standard methods, they collect, analyze, and interpret data to provide valuable business information.

Statistics 52

Statistics Data mining Visualization Reporting 52

CIO Business Intelligence

JANUARY 20, 2023

BI tools access and analyze data sets and present analytical findings in reports, summaries, dashboards, graphs, charts, and maps to provide users with detailed intelligence about the state of the business. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

Business Intelligence 144

Business Intelligence Dashboards Data mining OLAP 144

Domino Data Lab

JANUARY 21, 2021

Both of these considerations affect the overall return of a data science project, by speeding up the time it takes to “get to value”, or reducing costs associated with training. Cancellation code is probably a good indicator of a flight delay, but if it’s only present for 2-3% of the data, is it useful? ref: [link].

Statistics 106

Statistics Unstructured Data Data Science Predictive Modeling 106