CIO Business Intelligence

JUNE 7, 2022

What are the four types of data analytics? In business analytics, this is the purview of business intelligence (BI). Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance. It is frequently used for risk analysis.

Data Analytics 127

Data Analytics Diagnostic Analytics Management Analytics 127

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

Domino Data Lab

MARCH 3, 2021

These could be things such as the total volume of opportunities being processed into a sales queue, or alternatively, the number of potential health and safety risks being recorded in an occupational safety platform based on recommendations and prompts.

Metrics 93

Metrics Modeling Sales Data Science 93

BizAcuity

MARCH 31, 2022

85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: More use-cases are being tried, tested and built everyday, the innovation in this field will not cease for the next few years. 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

Jet Global

MAY 1, 2023

In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. Show how embedded analytics will enhance sales and marketing through better demos and shorter sales cycles.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52