Rocket-Powered Data Science

MARCH 19, 2021

One of the primary drivers for the phenomenal growth in dynamic real-time data analytics today and in the coming decade is the Internet of Things (IoT) and its sibling the Industrial IoT (IIoT). This article quotes an older market projection (from 2019) , which estimated “the global industrial IoT market could reach $14.2

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Smarten

AUGUST 8, 2017

A vast amount of data, classified and grouped, running analytics to predict what will be the next event that one or more elements of the group will take. Predictive analytics like this allows pushing of right products to e-commerce shoppers. So no new approaches here. That sounds outrageously simple, and it is.

Predictive Analytics 65

Predictive Analytics Analytics Prescriptive Analytics Sales 65

CIO Business Intelligence

JULY 5, 2022

Descriptive analytics uses historical and current data to describe the organization’s present state by identifying trends and patterns. Predictive analytics: What is likely to happen in the future? Prescriptive analytics: What do we need to do? This is the purview of BI. Kaiser Permanente streamlines operations.

Business Analytics 126

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 126

Birst BI

OCTOBER 30, 2018

Remember when you began your career and the prospect of retirement was an event in the distant future? An analytics alternative that goes beyond descriptive analytics is called “Predictive Analytics.”. Predictive Analytics: Predicting Future Outcomes.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

IBM Big Data Hub

SEPTEMBER 19, 2023

Business users will also perform data analytics within business intelligence (BI) platforms for insight into current market conditions or probable decision-making outcomes. Many functions of data analytics—such as making predictions—are built on machine learning algorithms and models that are developed by data scientists.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Rocket-Powered Data Science

MARCH 10, 2020

Entities are the nodes in the graph — these can be people, events, objects, concepts, or places. Consider this marketing attribution use case: person A sees the marketing campaign, person A talks about it on their social media account, person B is connected to person A and sees the comment, and subsequently person B buys the product.

Metadata 250

Metadata Machine Learning ROI Prescriptive Analytics 250

CIO Business Intelligence

NOVEMBER 14, 2022

Digital marketing and services firm Clearlink uses a DSS system to help its managers pinpoint which agents need extra help. These models are used to establish relationships between events and factors related to that event. Analytics, Data Science ERP dashboards. These systems help managers monitor performance indicators.

Data mining 129

Data mining Data-driven Statistics OLAP 129