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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Research firm Gartner defines business analytics as “solutions used to build analysis models and simulations to create scenarios, understand realities, and predict future states.”. Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

These models are used to establish relationships between events and factors related to that event. It features support for creating and visualizing decision tree–driven customer interaction flows. Briq is a predictive analytics and automation platform built specifically for general contractors and subcontractors in construction.

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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting. Prescriptive Analytics provides precise recommendations to respond to the query, “What should I do if ‘x’ occurs?”

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

Remember when you began your career and the prospect of retirement was an event in the distant future? The integration of historical data and predictive analytics is key to operationalizing predictive capabilities in large financial services organizations. Create the reports & dashboards needed to visualize the predictions.

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Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

Amazon Kinesis ingests streaming events in real time from point-of-sales systems, clickstream data from mobile apps and websites, and social media data. You could also consider using Amazon Managed Streaming for Apache Kafka (Amazon MSK) for streaming events in real time. You need to process this to make it ready for analysis.

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Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

Her talk addressed career paths for people in data science going into specialized roles, such as data visualization engineers, algorithm engineers, and so on. I’d like to say that it was a one-of-a-kind event, except that we’re doing this annually. Upcoming events. See you at Rev 3 in 2020!