CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning.

Data Analytics 129

Data Analytics Diagnostic Analytics Management Analytics 129

IBM Big Data Hub

JULY 6, 2023

One ride-hailing transportation company uses big data analytics to predict supply and demand, so they can have drivers at the most popular locations in real time. The company also uses data science in forecasting, global intelligence, mapping, pricing and other business decisions.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

Jedox

JULY 31, 2018

Now, we will take a deeper look into AI, Machine learning and other trending technologies and the evolution of data analytics from descriptive to prescriptive. Analytic Evolution in Enterprise Performance Management. Modern-day forecasting, for example, relies heavily on predictive analysis. Jedox GPU Accelerator.

Technology 44

Technology Prescriptive Analytics Machine Learning Business Intelligence 44

BizAcuity

MARCH 31, 2022

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. The aim of predictive analytics is, as the name suggests, to predict and forecast outcomes. AI in Finance.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Smart Data Collective

OCTOBER 13, 2021

Over time, it is true that artificial intelligence and deep learning models will be help process these massive amounts of data (in fact, this is already being done in some fields). In forecasting future events. Prescriptive analytics.

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135