CIO Business Intelligence

JUNE 7, 2022

What are the four types of data analytics? 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).

Data Analytics 132

Data Analytics Diagnostic Analytics Management Analytics 132

IBM Big Data Hub

SEPTEMBER 19, 2023

Having the right data strategy and data architecture is especially important for an organization that plans to use automation and AI for its data analytics. The types of data analytics Predictive analytics: Predictive analytics helps to identify trends, correlations and causation within one or more datasets.

Data Science 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

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

BizAcuity

MARCH 31, 2022

AI comes handy for managing inventory, manufacturing, production and marketing. Artificial Intelligence Analytics. Predictive Analytics: Predictive analytics is the most talked about topic of the decade in the field of data science. It can only be achieved through sophisticated use of AI. AI Platforms.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

CIO Business Intelligence

OCTOBER 10, 2022

Shifting descriptive analytics to predictive analytics is a huge undertaking for most companies in their digital transformation. In addition, it helped the leading company to generate more granular planning down to an individual product and customer. . Act fast when disruption happens .

Enterprise 52

Enterprise Forecasting Descriptive Analytics Digital Transformation 52

Rocket-Powered Data Science

OCTOBER 6, 2023

Using the same statistical terminology, the conditional probability P(Y|X) (the probability of Y occurring, given the presence of precondition X) is an expression of predictive analytics. By exploring and analyzing the business data, analysts and data scientists can search for and uncover such predictive relationships.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Jet Global

MAY 1, 2023

The industries that are users of embedded analytics are interesting. The Business Services group leads in the usage of analytics at 19.5 And Manufacturing and Technology, both 11.6 The sample included 1,931 knowledge workers from various industries, including financial services, healthcare, and manufacturing.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52