CIO Business Intelligence

JULY 5, 2022

What is business analytics? 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. Business analytics techniques.

Business Analytics 124

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 124

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. It is frequently used for risk analysis.

Data Analytics 127

Data Analytics Diagnostic Analytics Management Analytics 127

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 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

CIO Business Intelligence

NOVEMBER 14, 2022

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.

Data mining 129

Data mining Data-driven Statistics OLAP 129

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. SQL manages and retrieves data from databases, handling larger datasets.

Statistics 52

Statistics Data mining Visualization Reporting 52

FineReport

JULY 28, 2021

Definition: BI vs Data Science vs Data Analytics. Business Intelligence describes the process of using modern data warehouse technology, data analysis and processing technology, data mining, and data display technology for visualizing, analyzing data, and delivering insightful information.

Business Intelligence 98

Business Intelligence Data Science Data Analytics Analytics 98

IBM Big Data Hub

JULY 6, 2023

It uses advanced tools to look at raw data, gather a data set, process it, and develop insights to create meaning. Areas making up the data science field include mining, statistics, data analytics, data modeling, machine learning modeling and programming.

Machine Learning 57

Machine Learning Data Science Statistics Deep Learning 57