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. For example, retailers can predict which stores are most likely to sell out of a particular kind of product.

Data Science 77

Data Science Data Analytics Prescriptive Analytics Analytics 77

IBM Big Data Hub

JULY 27, 2022

Refer to the lower part of the diagram below (box 3: Environment), which represents the environments where the workloads run. The AIOps engine is focused on addressing four key things: Descriptive analytics to show what happened in an environment. Predictive analytics to show what will happen next.

Prescriptive Analytics 93

Prescriptive Analytics Descriptive Analytics Data-driven Cost-Benefit 93

FineReport

APRIL 26, 2023

This has led to the emergence of the field of Big Data, which refers to the collection, processing, and analysis of vast amounts of data. The term “Big” does not only refer to its size, but also to its capacity to acquire, organize, and process information beyond the capabilities of traditional databases.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

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. Predictive analytics are used to make predictions about future events.

Statistics 78

Statistics Measurement Descriptive Analytics Machine Learning 78

BizAcuity

MARCH 31, 2022

Enterprise Artificial intelligence (AI) is a common jargon used to refer to how an organization integrates artificial intelligence (AI) into its infrastructure to drive digital transformation. Artificial Intelligence Analytics. The aim of predictive analytics is, as the name suggests, to predict and forecast outcomes.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Smart Data Collective

MARCH 11, 2022

Data analytics can assist you in figuring out why people abandon your brand or prefer alternative products instead. Predictive analytics, which analyses historical activities to uncover trends and forecast a specific event, can also predict if a customer is ready to churn or defect. Customer Experience Analytics.

Customer Analytics 116

Customer Analytics Analytics Key Performance Indicator Big Data 116

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. She had much to say to leaders of data science teams, coming from perspectives of data engineering at scale.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110