FineReport

APRIL 26, 2023

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. The Big Data ecosystem is rapidly evolving, offering various analytical approaches to support different functions within a business. Descriptive Analytics is used to determine “what happened and why.”

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Domino Data Lab

JUNE 2, 2019

We had data science leaders presenting about lessons learned while leading data science teams, covering key aspects including scalability, being model-driven, being model-informed, and how to shape the company culture effectively. Data science leadership: importance of being model-driven and model-informed.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

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. A fundamental differentiation factor is in the method each of them uses as a base.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

CIO Business Intelligence

JANUARY 20, 2023

BI focuses on descriptive analytics, data collection, data storage, knowledge management, and data analysis to evaluate past business data and better understand currently known information. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

Business Intelligence 144

Business Intelligence Dashboards Data mining OLAP 144

Decision Management Solutions

AUGUST 18, 2020

DDPs accomplish this by providing a suite of capabilities that enable business subject-matter experts to define decision logic, incorporate data-driven decision intelligence technologies such as machine learning (ML), govern change, and deploy digital decisions within business applications. Just don’t.

Machine Learning 88

Machine Learning Data-driven Descriptive Analytics Predictive Analytics 88

BizAcuity

MARCH 31, 2022

Artificial Intelligence Analytics. AI can be applies to all 3 major types of analytics: Descriptive Analytics: The entire journey of the descriptive and diagnostic analytics process includes data extraction, data aggregation and data mining; 3 applications where AI is widely used to reduce costs, and eliminate complex actions.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

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. The reward is clear — properly analyzed datasets result in better models, faster.

Statistics 106

Statistics Unstructured Data Data Science Predictive Modeling 106

Grooper

AUGUST 19, 2019

First, I have to understand the business model to actually see. It’s complex – you build a model, predict outcomes, now you have to convince business leaders to trust and believe in your model. We should use laymen terms to explain model and build trust in it. What is machine learning? Machine learning.

Machine Learning 40

Machine Learning Metrics Descriptive Analytics Testing 40

Sisense

JUNE 30, 2020

When BI and analytics users want to see analytics results, and learn from them quickly, they rely on data visualizations. 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.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

Rocket-Powered Data Science

OCTOBER 6, 2023

In the enterprise, sentinel analytics is most timely and beneficial when applied to real-time, dynamic data streams and time-critical decisions. The analytics triage is critical, to avoid alarm fatigue (sending too many unimportant alerts) and to avoid underreporting of important actionable events. Pay attention!

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

JANUARY 31, 2022

Business intelligence can also be referred to as “descriptive analytics”, as it only shows past and current state: it doesn’t say what to do, but what is or was. To do so, the company started by defining the goals, and finding a way to translate employees’ behavior and experience into data, so as to model against actual outcomes.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Jet Global

MAY 1, 2023

These licensing terms are critical: Perpetual license vs subscription: Subscription is a pay-as-you-go model that provides flexibility as you evaluate a vendor. Pricing model: The pricing scale is dependent on several factors. These advanced analytics become easy for users to apply in their own analyses.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52