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.

Data Analytics 125

Data Analytics Diagnostic Analytics Management Analytics 125

CIO Business Intelligence

JULY 5, 2022

Research firm Gartner defines business analytics as “solutions used to build analysis models and simulations to create scenarios, understand realities, and predict future states.”. What are the benefits of business analytics? Prescriptive analytics: What do we need to do? GSK finds inventory reduction opportunities.

Business Analytics 122

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 122

Domino Data Lab

MARCH 3, 2021

How do we track value enabled through better decision support such as a data science model or a diagnostic visualization versus an experienced manager making decisions? We will likely identify measures that correlate to good results of success through our exploratory analysis of a problem. But what about good decisions?

Metrics 93

Metrics Modeling Sales Data Science 93

Jet Global

MAY 1, 2023

Bottom line is that analytics has migrated from a trendy feature to a got-to-have. Plus, there is an expectation that tools be visually appealing to boot. In the past, data visualizations were a powerful way to differentiate a software application. Their dashboards were visually stunning. It’s all about context.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52