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. Descriptive analytics: Descriptive analytics evaluates the quantities and qualities of a dataset.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Business Over Broadway

MARCH 13, 2019

For our example, to answer our questions, we need to look at two types of analytics: 1) Descriptive and 2) Predictive. Descriptive analytics are used to indicate the current state of the world. This correlation is referred to as the “ derived importance ” of a particular touch point.

Statistics 78

Statistics Measurement Descriptive Analytics Machine Learning 78

Smart Data Collective

MARCH 11, 2022

This article will go over the concept of customer service analytics and some of the uses and advantages it could provide to a business. What Is Customer Service Analytics? Below are the different types of customer service analytics and why they matter to your business. Customer Experience Analytics. Conclusion.

Customer Analytics 117

Customer Analytics Analytics Key Performance Indicator Big Data 117

CIO Business Intelligence

JANUARY 20, 2023

BI tools access and analyze data sets and present analytical findings in reports, summaries, dashboards, graphs, charts, and maps to provide users with detailed intelligence about the state of the business. The potential use cases for BI extend beyond the typical business performance metrics of improved sales and reduced costs.

Business Intelligence 144

Business Intelligence Dashboards Data mining OLAP 144

Domino Data Lab

JUNE 2, 2019

And by “scale” I’m referring to what is arguably the largest, most successful data analytics operation in the cloud of any public firm that isn’t a cloud provider. Then calculate the variance divided by the mean to construct a metric for noise in decision-making. Measure how these decisions vary across your population.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

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. BI dashboards like the one presented below provide a centralized view of the most important metrics businesses need to stay ahead of their competitors.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Jet Global

MAY 1, 2023

Business End-User Benefits Embedding analytics into essential applications makes analytics more pervasive. As a result, end users can better view shared metrics (backed by accurate data), which ultimately drives performance. Visual Analytics Users are given data from which they can uncover new insights.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52