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Five Steps for Building a Successful BI Strategy

Sisense

Every business needs a business intelligence strategy to take it forward. . As the Global Team Lead of BI Consultants at Sisense, I can say that the projects I’ve worked on where a BI strategy was involved, were more successful than projects without a strategy. But what is a BI strategy in today’s world?

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

Fortunately, advances in analytic technology have made the ability to see reliably into the future a reality. Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior.

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Prescriptive Analytics – a Winning Bet for Casinos

BizAcuity

This is what makes the casino industry a great use case for prescriptive analytics technologies and applications. The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation. Image source: [link].

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Prescriptive Analytics – a Winning Bet for Casinos

BizAcuity

This is what makes the casino industry a great use case for prescriptive analytics technologies and applications. The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation. Image source: [link].

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5 Sources of Data for Customer Analytics and Their Benefits

Smart Data Collective

Companies frequently use analytical tools to gather customer data from across the organization and provide important insights. This technology is growing in importance. Market analysts project that companies around the world will spend over $47 billion on customer journey analytics by 2030. Customer Experience Analytics.

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What Is The Difference Between Business Intelligence And Analytics?

datapine

While BI tells you what has happened in the past and what is happening now (descriptive analytics), BA tells you what will happen in the future (predictive analytics). Descriptive analytics : As its name suggests, this analysis method is used to describe and summarize the main characteristics found on a dataset.

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Data Visualization and Visual Analytics: Seeing the World of Data

Sisense

The role of visualizations in analytics. Data visualization can either be static or interactive. Interactive visualizations enable users to drill down into data and extract and examine various views of the same dataset, selecting specific data points that they want to see in a visualized format.