CIO Business Intelligence

FEBRUARY 10, 2023

The science of predictive analytics can generate future insights with a significant degree of precision. With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

CIO Business Intelligence

JULY 5, 2022

Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward. This is the purview of BI.

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 86

Data Science Data Analytics Prescriptive Analytics Analytics 86

Smarten

NOVEMBER 22, 2019

Data literacy focuses on encouraging and nurturing data competencies and making your team members comfortable with the use of analytical tools, technology solutions and data comprehension and presentation, including a comfort level with data collection and analysis, data sharing and data-driven business decisions.

Predictive Modeling 67

Predictive Modeling Data-driven Forecasting Visualization 67

IBM Big Data Hub

FEBRUARY 14, 2024

Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies. See what’s ahead AI can assist with forecasting. For example, a supply-chain function can use algorithms to predict future needs and the time products need to be shipped for timely arrival.

Cost-Benefit 90

Cost-Benefit Insurance Unstructured Data Machine Learning 90

Jedox

JULY 23, 2019

Once cleansed, its possible to enrich the data. For example a customer name and ID is not as valuable as the customer’s postal code, income bracket or other spending habits which could be enriched from data collected from Google for example. Financial Modeling.

Technology 52

Technology Forecasting Finance Data-driven 52

Rocket-Powered Data Science

JULY 13, 2023

Beyond the early days of data collection, where data was acquired primarily to measure what had happened (descriptive) or why something is happening (diagnostic), data collection now drives predictive models (forecasting the future) and prescriptive models (optimizing for “a better future”).

Analytics 166

Analytics Machine Learning Data Science Deep Learning 166