CIO Business Intelligence

JUNE 7, 2022

Data analytics draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance. What are the four types of data analytics? Data analytics vs. business analytics.

Data Analytics 133

Data Analytics Diagnostic Analytics Management Analytics 133

IBM Big Data Hub

SEPTEMBER 19, 2023

The data science lifecycle Data science is iterative, meaning data scientists form hypotheses and experiment to see if a desired outcome can be achieved using available data. Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations.

Data Science 83

Data Science Data Analytics Prescriptive Analytics Analytics 83

CIO Business Intelligence

NOVEMBER 14, 2022

Bayer Crop Science has applied analytics and decision-support to every element of its business, including the creation of “virtual factories” to perform “what-if” analyses at its corn manufacturing sites. These systems are often paired with data mining to sift through databases to produce data content relationships.

Data mining 136

Data mining Data-driven Statistics OLAP 136

IBM Big Data Hub

JULY 6, 2023

The fields have evolved such that to work as a data analyst who views, manages and accesses data, you need to know Structured Query Language (SQL) as well as math, statistics, data visualization (to present the results to stakeholders) and data mining.

Machine Learning 59

Machine Learning Data Science Statistics Deep Learning 59

FineReport

APRIL 26, 2023

Market Insight : Analyzing big data can help businesses understand market demand and customer behavior. For example, a computer manufacturing company could develop new models or add features to products that are in high demand. E-commerce giants like Alibaba and Amazon extensively use big data to understand the market.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

BizAcuity

MARCH 31, 2022

AI comes handy for managing inventory, manufacturing, production and marketing. A lot of testing AI methods can be utilized for better and more accurate outcomes from mining the data. Predictive analytics, with the help of machine learning, keeps getting more accurate with the continuous inflow of data.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

datapine

NOVEMBER 27, 2019

4) Predictive And Prescriptive Analytics Tools. Business analytics of tomorrow is focused on the future and tries to answer the questions: what will happen? Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. How can we make it happen?

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361