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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). It is frequently used for risk analysis.

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? Today, the most common usage of business intelligence is for the production of descriptive analytics. .

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Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

Trying to dissect a model to divine an interpretation of its results is a good way to throw away much of the crucial information – especially about non-automated inputs and decisions going into our workflows – that will be required to mitigate existential risk. Because of compliance. Admittedly less Descartes, more Wednesday Addams.