CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning.

Data Analytics 133

Data Analytics Diagnostic Analytics Management Analytics 133

Domino Data Lab

JUNE 2, 2019

The most poignant for me was a simple approach for measuring noise within an organization. To do this, first review quantitative decisions being made by staff – for example, settlement prices quoted by insurance claims adjusters. Measure how these decisions vary across your population. Addressing cognitive bias with pre-mortems.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

Andrew White

JANUARY 11, 2021

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. See Roadmap for Data Literacy and Data-Driven Business Transformation: A Gartner Trend Insight Report and also The Future of Data and Analytics: Reengineering the Decision, 2025. Great idea.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52