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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Research firm Gartner defines business analytics as “solutions used to build analysis models and simulations to create scenarios, understand realities, and predict future states.”. What are the benefits of business analytics? Predictive analytics: What is likely to happen in the future? Kaiser Permanente streamlines operations.

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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 the Future of Business Intelligence in the Coming Year?

Smart Data Collective

The current BI trends show that in the future, the BI software will be more accessible, so that even non-techie workers will rely on data insights in their working routine. Prescriptive Analytics. Unique feature: custom visualizations to fit your business needs better. This shows why self-service BI is on the rise.

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

AWS Big Data

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

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Decoding Data Analyst Job Description: Skills, Tools, and Career Paths

FineReport

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis.

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What Is Embedded Analytics?

Jet Global

This is in contrast to traditional BI, which extracts insight from data outside of the app. In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future.