CIO Business Intelligence

JULY 5, 2022

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.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

IBM Big Data Hub

SEPTEMBER 19, 2023

How effectively and efficiently an organization can conduct data analytics is determined by its data strategy and data architecture , which allows an organization, its users and its applications to access different types of data regardless of where that data resides. They may also use tools such as Excel to sort, calculate and visualize data.

Data Science 77

Data Science Data Analytics Prescriptive Analytics Analytics 77

Smart Data Collective

MARCH 29, 2021

These are unprecedented times for the analytics industry. Thanks to new tools, including real-time tracking capabilities, businesses had access to more information about their marketing campaigns than ever before. Get started by focusing on these four insights and metrics. That’s good news, right?

Marketing 123

Marketing Metrics Descriptive Analytics Predictive Analytics 123

Birst BI

OCTOBER 30, 2018

Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior. The vast majority of financial services companies use the data within their applications for what is called “ Descriptive Analytics.”

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Business Over Broadway

MARCH 13, 2019

For our example, to answer our questions, we need to look at two types of analytics: 1) Descriptive and 2) Predictive. Descriptive analytics are used to indicate the current state of the world. Predictive analytics are used to make predictions about future events. I added the three loyalty metrics to the model.

Statistics 78

Statistics Measurement Descriptive Analytics Machine Learning 78

CIO Business Intelligence

JANUARY 20, 2023

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

Business Intelligence 144

Business Intelligence Dashboards Data mining OLAP 144

Smart Data Collective

MARCH 11, 2022

This article will go over the concept of customer service analytics and some of the uses and advantages it could provide to a business. What Is Customer Service Analytics? Customer Service Analytics: Use Cases. Some of the most important customer service analytics use cases are listed below. Customer Experience Analytics.

Customer Analytics 116

Customer Analytics Analytics Key Performance Indicator Big Data 116