CIO Business Intelligence

JUNE 7, 2022

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

Data Analytics 127

Data Analytics Diagnostic Analytics Management Analytics 127

IBM Big Data Hub

SEPTEMBER 19, 2023

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

Data Science 84

Data Science Data Analytics Prescriptive Analytics Analytics 84

CIO Business Intelligence

JULY 5, 2022

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 analytics techniques.

Business Analytics 124

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 124

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Reporting 52

BizAcuity

MARCH 31, 2022

Enterprise Artificial Intelligence. 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. AI Services.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Rocket-Powered Data Science

OCTOBER 6, 2023

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Jet Global

MAY 1, 2023

Traditional BI Platforms Traditional BI platforms are centrally managed, enterprise-class platforms. Leading research and consultancy company, Gartner describes the path that businesses take as they move to higher levels: Descriptive Analytics: Describe what happened (e.g., Diagnostic Analytics: No longer just describing.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52