Rocket-Powered Data Science

MARCH 19, 2021

The dynamic changes of the business requirements and value propositions around data analytics have been increasingly intense in depth (in the number of applications in each business unit) and in breadth (in the enterprise-wide scope of applications in all business units in all sectors).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Cloudera

JULY 18, 2018

Now organizations can reap all the benefits of having an enterprise data lake, in addition to an advanced analytics solution enabling them to put machine learning and AI into action at massive scale to improve health outcomes for individuals and entire populations alike.

Machine Learning 50

Machine Learning Predictive Analytics Analytics Prescriptive Analytics 50

IBM Big Data Hub

JULY 27, 2022

Today, most enterprises use services from more than one Cloud Service Provider (CSP). IT is a critical part of every enterprise today, and even a small service outage directly affects the top line. Predictive analytics to show what will happen next. Prescriptive analytics to show how to achieve or prevent the prediction.

Prescriptive Analytics 93

Prescriptive Analytics Descriptive Analytics Data-driven Cost-Benefit 93

CIO Business Intelligence

NOVEMBER 14, 2022

The concept of DSS grew out of research conducted at the Carnegie Institute of Technology in the 1950s and 1960s, but really took root in the enterprise in the 1980s in the form of executive information systems (EIS), group decision support systems (GDSS), and organizational decision support systems (ODSS). Analytics, Data Science

Data mining 127

Data mining Data-driven Statistics OLAP 127

CIO Business Intelligence

FEBRUARY 16, 2023

The next goal, with the aid of partner Findability Sciences, will be to build out ML and AI pipelines into an information delivery layer that can support predictive and prescriptive analytics. “As Iyengar is supplementing his team’s skill set with help from enterprise AI specialist Findability Sciences.

Unstructured Data 102

Unstructured Data Data Lake Prescriptive Analytics Digital Transformation 102

Jedox

JULY 31, 2018

We also took a first look at how fp&a and business intelligence professionals can start to derive tangible value from these technologies for Enterprise Performance Management. Now, we will take a deeper look into AI, Machine learning and other trending technologies and the evolution of data analytics from descriptive to prescriptive.

Technology 44

Technology Prescriptive Analytics Machine Learning Business Intelligence 44

FineReport

APRIL 26, 2023

In this article, we will explore the importance of Big Data, why enterprises need Big Data tools, how to choose the right Big Data analytics tools and provide a list of the top 10 Big Data analytics tools available today. Why do Enterprises Need Big Data Tools? Enables Predictive Analytics on data.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

IBM Big Data Hub

JULY 6, 2023

One ride-hailing transportation company uses big data analytics to predict supply and demand, so they can have drivers at the most popular locations in real time. An e-commerce conglomeration uses predictive analytics in its recommendation engine.

Machine Learning 59

Machine Learning Data Science Statistics Deep Learning 59

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

Sisense

SEPTEMBER 12, 2019

With a goal of getting to the end of the chart with predictive and prescriptive analytics, you can ask questions like: Are we going to hit our targets by the end of the year? Do you want to be more efficient? Find a bottleneck in R&D? Share knowledge with customers? Add value to your solution? . A Centralized Approach.

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

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. 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

AWS Big Data

MARCH 26, 2024

Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics. Amazon Redshift offers real-time insights and predictive analytics capabilities for analyzing data from terabytes to petabytes. Learn from this to build querying capabilities across your data lake and the data warehouse.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69

Sisense

OCTOBER 27, 2020

Given that the average enterprise company now has 15-19 HR systems feeding it information and 85% of leaders say that people analytics are very important to the future of HR, this clearly has to change! Strategic analytics. Predictive analytics are the next step in your HR analytics journey.

People Analytics 74

People Analytics Analytics Cost-Benefit Key Performance Indicator 74

Domino Data Lab

JUNE 2, 2019

In fact, recent industry surveys point out how: Company culture is one of the most significant stumbling blocks for enterprise adoption of effective data-related practices. Many enterprise organizations with sophisticated data practices place those kinds of decisions on data science team leads rather than the executives or product managers.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

NOVEMBER 27, 2019

However, businesses today want to go further and predictive analytics is another trend to be closely monitored. 4) Predictive And Prescriptive Analytics Tools. Business analytics of tomorrow is focused on the future and tries to answer the questions: what will happen? How can we make it happen?

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 4, 2019

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Prescriptive Analytics: What should we do?

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Smarten

APRIL 11, 2018

This new enterprise role is known as an ‘Analytics Translator’ and, while there is some confusion regarding the distinction between this role and the newly minted Citizen Data Scientist or Citizen Analyst , there are some subtle but important differences. What is a Citizen Data Scientist (Citizen Analyst)?

Analytics 40

Analytics Prescriptive Analytics Business Intelligence ROI 40

Andrew White

JANUARY 11, 2021

What is your vision for D&A for small and medium enterprises? We have specific research for midsize and small enterprises. See 3 Questions That Midsize Enterprises Should Ask About Data and Analytics and have an inquiry with Alan Duncan. CDO Success Factors: Culture Hacks to Create a Data-Driven Enterprise.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Traditional BI Platforms Traditional BI platforms are centrally managed, enterprise-class platforms. Diagnostic Analytics: No longer just describing. Predictive Analytics: If x, then y (e.g., Prescriptive Analytics: Here’s what to do to achieve a desired outcome (e.g.,

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52