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 84

Data Science Data Analytics Prescriptive Analytics Analytics 84

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. JPMorgan Chase & Co.:

Statistics 52

Statistics Data mining Visualization Reporting 52

BizAcuity

MARCH 31, 2022

AI Adoption and Data Strategy. Lack of a solid data strategy. For the first, it is in best interest to do your own research, talk to friends, professionals and approach data services companies like ours. Data strategy allows you to build a roadmap to adopt AI. The top two concerns were-.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Rocket-Powered Data Science

OCTOBER 6, 2023

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable. This is predictive power discovery.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157