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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.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

To ensure robust analysis, data analytics teams leverage a range of data management techniques, including data mining, data cleansing, data transformation, data modeling, and more. What are the four types of data analytics? It is frequently used for economic and sales forecasting.

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. Cognitive analytics is basically the opposite of descriptive analytics. Pay attention!

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

FineReport

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. Descriptive analytics: Assessing historical trends, such as sales and revenue.

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management. Artificial Intelligence Analytics. AI in Finance.

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Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

Co-chair Paco Nathan provides highlights of Rev 2 , a data science leaders summit. We held Rev 2 May 23-24 in NYC, as the place where “data science leaders and their teams come to learn from each other.” If you lead a data science team/org, DM me and I’ll send you an invite to data-head.slack.com ”.

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Alation Connected Sheets Brings Trust to Spreadsheets

Alation

Or they don’t have the technical skill to extract, cleanse, or transform data they need. Spreadsheets dominate the activities of gathering and preparing data, and performing descriptive analytics. 78 million data workers are advanced spreadsheet users. Spreadsheets are dark matter.