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

Statistics 52

Statistics Data mining Visualization Reporting 52

datapine

JANUARY 31, 2022

Business intelligence can also be referred to as “descriptive analytics”, as it only shows past and current state: it doesn’t say what to do, but what is or was. 5) Find improvement opportunities through predictions. Uber has made this system by using real-time predictions based on traffic patterns, supply, and demand.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Jet Global

MAY 1, 2023

These tools enable users to quickly draw conclusions and monitor key performance indicators. Traditional BI Platforms Traditional BI platforms are centrally managed, enterprise-class platforms. Diagnostic Analytics: No longer just describing. Predictive Analytics: If x, then y (e.g.,

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52