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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics and business intelligence (BI) serve similar purposes and are often used as interchangeable terms, but BI can be considered a subset of business analytics. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward. Business analytics techniques.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Descriptive analytics: Descriptive analytics evaluates the quantities and qualities of a dataset. A content streaming provider will often use descriptive analytics to understand how many subscribers it has lost or gained over a given period and what content is being watched.

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AIOps reimagines hybrid multicloud platform operations

IBM Big Data Hub

Today, most enterprises use services from more than one Cloud Service Provider (CSP). IT is a critical part of every enterprise today, and even a small service outage directly affects the top line. The AIOps engine is focused on addressing four key things: Descriptive analytics to show what happened in an environment.

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

Instead of transacting business with only a paper record, enterprise applications recorded transactions in a computer database. Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior.

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Improve Underwriting Using Data and Analytics

Cloudera

In this post, I’ll explore opportunities to enhance risk assessment and underwriting, especially in personal lines and small and medium-sized enterprises. To me, this means that by applying more data, analytics, and machine learning to reduce manual efforts helps you work smarter.

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Python for Business: Optimize Pre-Processing Data for Decision-Making

Smart Data Collective

Enterprise Application Integration (EAI): EAI helps Python communicate or call codes directly from other languages like Java, C, or C++. In such cases, data analysts run the descriptive analytics to find out, and Python comes into the business. Python Makes Decision Making Simple.