CIO Business Intelligence

JULY 5, 2022

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What are the benefits of business analytics? What is the difference between business analytics and business intelligence? This is the purview of BI.

Business Analytics 128

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 128

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

Data Science 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

CIO Business Intelligence

JUNE 7, 2022

What is data analytics? Data analytics is a discipline focused on extracting insights from data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. What are the four types of data analytics? It is frequently used for risk analysis.

Data Analytics 131

Data Analytics Diagnostic Analytics Management Analytics 131

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

datapine

MARCH 25, 2022

There is not a clear line between business intelligence and analytics, but they are extremely connected and interlaced in their approach towards resolving business issues, providing insights on past and present data, and defining future decisions. Well, what if you do care about the difference between business intelligence and data analytics?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smarten

NOVEMBER 26, 2023

Find out how business intelligence and analytics technology can support your enterprise and engage the experts to help you choose an approach.’ This approach typically focuses on descriptive analytics based on historical data to answer the question “What happened?” or What is happening?

Marketing 40

Marketing Business Intelligence Key Performance Indicator Prescriptive Analytics 40

Domino Data Lab

JANUARY 21, 2021

Predictive modeling efforts rely on dataset profiles , whether consisting of summary statistics or descriptive charts. Results become the basis for understanding the solution space (or, ‘the realm of the possible’) for a given modeling task. Producing insights from raw data is a time-consuming process.

Statistics 106

Statistics Unstructured Data Data Science Predictive Modeling 106