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 84

Data Science Data Analytics Prescriptive Analytics Analytics 84

CIO Business Intelligence

JUNE 7, 2022

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems.

Data Analytics 127

Data Analytics Diagnostic Analytics Management Analytics 127

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

Smart Data Collective

DECEMBER 19, 2021

Therefore, if you don’t preprocess the data before applying it in the machine learning or AI algorithms, you are most likely to get wrong, delayed, or no results at all. Hence, data preprocessing is essential and required. Python as a Data Processing Technology.

Optimization 135

Optimization Machine Learning Data mining Statistics 135

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 139

Business Intelligence Dashboards Data mining OLAP 139