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.”. Prescriptive analytics: What do we need to do? Simplilearn adds a fourth technique : Diagnostic analytics: Why is it happening?

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. AWS S3: Offers cloud storage for storing and retrieving large datasets.

Statistics 52

Statistics Data mining Visualization Reporting 52

BizAcuity

MARCH 31, 2022

More use-cases are being tried, tested and built everyday, the innovation in this field will not cease for the next few years. Marketers also have access to several AI softwares to save time and optimize their work at every step of the funnel. Integrating IoT and route optimization are two other important places that use AI.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

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? Metric examples for a model optimizing sales results. 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