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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. Business analytics is a subset of data analytics. What is business analytics? What is the difference between business analytics and business intelligence?

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12 data science certifications that will pay off

CIO Business Intelligence

Companies are increasingly eager to hire data professionals who can make sense of the wide array of data the business collects. The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

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. What are the four types of data analytics?

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

Decision support systems are generally recognized as one element of business intelligence systems, along with data warehousing and data mining. They generally leverage simple statistical and analytical tools, but Power notes that some OLAP systems that allow complex analysis of data may be classified as hybrid DSS systems.

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The top 15 big data and data analytics certifications

CIO Business Intelligence

Organization: AWS Price: US$300 How to prepare: Amazon offers free exam guides, sample questions, practice tests, and digital training. CDP Data Analyst The Cloudera Data Platform (CDP) Data Analyst certification verifies the Cloudera skills and knowledge required for data analysts using CDP.

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

FineReport

Predictive analytics: Forecasting likely outcomes based on patterns and trends to facilitate proactive decision-making. Data analysts contribute value to organizations by uncovering trends, patterns, and insights through data gathering, cleaning, and statistical analysis.

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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.