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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics? Data analytics methods and techniques.

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

What are the benefits of business analytics? 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. Predictive analytics: What is likely to happen in the future? Business analytics tools.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

It focuses on data collection and management of large-scale structured and unstructured data for various academic and business applications. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

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AIOps reimagines hybrid multicloud platform operations

IBM Big Data Hub

Figure 2 IT Service Management Complexity. Most experts consider AIOps the future of IT operations management. How could we reimagine cloud service management and operations with AI? The applications continuously send telemetry information into the operational management tooling (box 4: Continuous Operations).

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Improve Underwriting Using Data and Analytics

Cloudera

The next step leads to performing exploratory, descriptive analytics, “why is this happening,” and so on. Finally, the end goal is to enable proactive, predictive analytics — “what if” — using applied ML and AI to better predict what will happen and recommend actions to prevent or manage activities as necessary.

Analytics 104
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Are You Getting The Most Out Of Your Marketing Data?

Smart Data Collective

It’s great to know what your customers have already done – what campaigns engage them and which they ignore, what they’ve already purchased, and so forth – but if you really want to outperform the competition, you need to think predictively. In recent years, though, there’s been significant growth in the use of predictive analytics.

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Decide to Decide Digitally: New Forrester Research

Decision Management Solutions

In particular, considering decisions as separate things to be improved let’s you think about how you can improve the whole portfolio of applications you already have, not just the business processes you have under management. Identify the predictions that would change and improve your decision-making. It’s what we do.