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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable. This is predictive power discovery.

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Disrupt and Innovate in a Data-Driven World

Cloudera

If you do an internet search for ‘data-driven disruption’ you can find articles about almost every industry being disrupted by digitalisation and new applications of data. While there are instances of data-driven efforts in the nonprofit sector, they are not as widespread as they can be.

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AIOps reimagines hybrid multicloud platform operations

IBM Big Data Hub

Moreover, there are often duplicate events due to full-stack level observability and these events result in data silos. Both the continuous delivery tooling and the continuous operations tooling ingest all the data into the AIOps engine shown at the top (box 7: AIOps Engine). Predictive analytics to show what will happen next.

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Decide to Decide Digitally: New Forrester Research

Decision Management Solutions

DDPs accomplish this by providing a suite of capabilities that enable business subject-matter experts to define decision logic, incorporate data-driven decision intelligence technologies such as machine learning (ML), govern change, and deploy digital decisions within business applications.

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Prescriptive Analytics – a Winning Bet for Casinos

BizAcuity

Ever since the digitization of casinos, casino managers are being exposed to a great deal of data. Hidden tangled within this sea of data lie many insights, which can open up new opportunities for growth and revenue. This is what makes the casino industry a great use case for prescriptive analytics technologies and applications.

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

FineReport

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

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Prescriptive Analytics – a Winning Bet for Casinos

BizAcuity

Ever since the digitization of casinos, casino managers are being exposed to a great deal of data. Hidden tangled within this sea of data lie many insights, which can open up new opportunities for growth and revenue. This is what makes the casino industry a great use case for prescriptive analytics technologies and applications.