datapine

MARCH 25, 2022

While BI tells you what has happened in the past and what is happening now (descriptive analytics), BA tells you what will happen in the future (predictive analytics). Descriptive analytics : As its name suggests, this analysis method is used to describe and summarize the main characteristics found on a dataset.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

FineReport

APRIL 26, 2023

The value of Big Data is not solely dependent on the volume of data available, but on how it is utilized. The Big Data ecosystem is rapidly evolving, offering various analytical approaches to support different functions within a business. Descriptive Analytics is used to determine “what happened and why.”

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Jet Global

MAY 1, 2023

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.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52