Smart Data Collective

DECEMBER 19, 2021

With technological advancement, information has become one of the most valuable elements in this modern era of science. In such cases, data analysts run the descriptive analytics to find out, and Python comes into the business. However, data comes in different sizes and formats (text, images, audio, video, etc.).

Optimization 135

Optimization Machine Learning Data mining Statistics 135

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 135

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 135

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

Smart Data Collective

MARCH 11, 2022

Customer Service Analytics: Use Cases. Customer service analytics is necessary for businesses that want to assess the level of help provided to customers and other key stakeholders. The information you gather will assist you in identifying strategies that are effective and pinpointing areas where you can improve.

Customer Analytics 116

Customer Analytics Analytics Key Performance Indicator Big Data 116

Sisense

JUNE 30, 2020

Analytics acts as the source for data visualization and contributes to the health of any organization by identifying underlying models and patterns and predicting needs. Broadly, there are three types of analytics: descriptive , prescriptive , and predictive. Visualizations: past, present, and future.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

BizAcuity

MARCH 31, 2022

This article (like thousands of other articles), is aimed at presenting consolidated information about AI for business in simple language. Marketers also have access to several AI softwares to save time and optimize their work at every step of the funnel. Artificial Intelligence Analytics. AI for Business. AI in Healthcare.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. Another way of saying this is: given some desired optimal outcome Y, what conditions X should we put in place.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157