IBM Big Data Hub

JULY 27, 2022

As shown in the following diagram, an issue in the environment triggers several events across the full stack of the business solution. This results in an unmanageable event flood. Moreover, there are often duplicate events due to full-stack level observability and these events result in data silos.

Prescriptive Analytics 93

Prescriptive Analytics Descriptive Analytics Data-driven Cost-Benefit 93

Birst BI

OCTOBER 30, 2018

Remember when you began your career and the prospect of retirement was an event in the distant future? Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

FineReport

APRIL 26, 2023

The Big Data ecosystem is rapidly evolving, offering various analytical approaches to support different functions within a business. Descriptive Analytics is used to determine “what happened and why.” ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Smart Data Collective

MARCH 11, 2022

Data analytics can assist you in figuring out why people abandon your brand or prefer alternative products instead. Predictive analytics, which analyses historical activities to uncover trends and forecast a specific event, can also predict if a customer is ready to churn or defect. Customer Experience Analytics.

Customer Analytics 117

Customer Analytics Analytics Key Performance Indicator Big Data 117

Rocket-Powered Data Science

OCTOBER 6, 2023

The point is that the 100% association between the event and the preceding condition has no special predictive or prescriptive power. In statistical terms, the joint probability of event Y and condition X co-occurring, designated P(X,Y), is essentially the probability P(Y) of event Y occurring. Pay attention!

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

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. Business Intelligence And Analytics Lead To ROI. The responsibility to take action still lies in the hands of the executives.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Jet Global

MAY 1, 2023

As rich, data-driven user experiences are increasingly intertwined with our daily lives, end users are demanding new standards for how they interact with their business data. When visualizations alone aren’t enough to set an application apart, is there still a way for product teams to monetize embedded analytics?

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52