CIO Business Intelligence

JULY 5, 2022

What is business analytics? Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What is the difference between business analytics and business intelligence? Business analytics techniques.

Business Analytics 131

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 131

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

FineReport

MARCH 24, 2024

Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue. Predictive analytics: Forecasting likely outcomes based on patterns and trends to facilitate proactive decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

CIO Business Intelligence

JANUARY 20, 2023

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

Business Intelligence 142

Business Intelligence Dashboards Data mining OLAP 142

Domino Data Lab

JANUARY 21, 2021

Producing insights from raw data is a time-consuming process. Predictive modeling efforts rely on dataset profiles , whether consisting of summary statistics or descriptive charts. The Importance of Exploratory Analytics in the Data Science Lifecycle. But what about the costs involved with doing so, “properly”?

Statistics 106

Statistics Unstructured Data Data Science Predictive Modeling 106

Jet Global

MAY 1, 2023

Use the experts in analytics to add value to your product. Let’s just give our customers access to the data. You’ve settled for becoming a data collection tool rather than adding value to your product. Some cloud applications can even provide new benchmarks based on customer data. You’re leaving value on the table.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52