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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts.

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

This may involve integrating different technologies, like cloud sources, on-premise databases, data warehouses and even spreadsheets. Add the predictive logic to the data model. With the source data now fully integrated into an analytic model, add and test different predictive algorithms.

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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. We rely on increasingly mobile technology to comb through massive amounts of data and solve high-value problems. Bottom line is that analytics has migrated from a trendy feature to a got-to-have. Their dashboards were visually stunning.