IBM Big Data Hub

SEPTEMBER 19, 2023

Those who work in the field of data science are known as data scientists. This iterative process is known as the data science lifecycle, which usually follows seven phases: Identifying an opportunity or problem Data mining (extracting relevant data from large datasets) Data cleaning (removing duplicates, correcting errors, etc.)

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Sisense

MARCH 24, 2020

Predict: Lastly, look to forecast trends in supply and demand and track fast-moving changes in leading indicators. To foster the art of the possible, below are examples of how regular businesses use analytics to maximize customer revenue, reduce costs, forecast outcomes, and drive efficiency. Insights over instinct.

Analytics 94

Analytics Sales Forecasting Business Intelligence 94

Sisense

SEPTEMBER 9, 2019

We fed Kraken (BigSquid’s predictive analytics engine) information about historical warranty costs, claims, forecasts, historical product attributes, and attributes of the new products on the roadmap. Then we ran Kraken’s machine learning and predictive modeling engine to get the results. Lessons Learned. Be patient!

Predictive Analytics 75

Predictive Analytics Predictive Modeling Forecasting Data-driven 75

Rocket-Powered Data Science

JULY 13, 2023

Beyond the early days of data collection, where data was acquired primarily to measure what had happened (descriptive) or why something is happening (diagnostic), data collection now drives predictive models (forecasting the future) and prescriptive models (optimizing for “a better future”).

Analytics 167

Analytics Machine Learning Data Science Deep Learning 167

Rocket-Powered Data Science

OCTOBER 6, 2023

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. Broken models are definitely disruptive to analytics applications and business operations.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157