Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Forecasting. Descriptive Statistics. Access to Flexible, Intuitive Predictive Modeling. Correlation.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

Predictive Analytics 121

Predictive Analytics Analytics Predictive Modeling Data mining 121

datapine

AUGUST 14, 2019

To fully leverage the power of data science, scientists often need to obtain skills in databases, statistical programming tools, and data visualizations. It helps to automate and makes the usage of the R programming statistical language easier and much more effective. perfect for statistical computing and design.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

Jedox

MAY 17, 2022

What Predictive Analytics Cannot Forecast. Predictive Analytics Example in Finance. A Brief History of Predictive Analytics. No industry has attempted to do more with predictive analytics than the financial services industry. What is Predictive Analytics?

Predictive Analytics 83

Predictive Analytics Finance Forecasting Analytics 83

DataRobot Blog

JULY 28, 2022

Rapid advances in machine learning in recent years have begun to lower the technical hurdles to implementing AI, and various companies have begun to actively use machine learning. The accuracy of machine learning models is highly dependent on the quality of the training data.

Data Science 72

Data Science Machine Learning Statistics Modeling 72

Smarten

AUGUST 21, 2019

Assisted Predictive Modeling – These tools enable the average business user to leverage sophisticated predictive algorithms without requiring statistical or data science skills. Users can highlight trends and patterns, test hypotheses and theories to reduce business risk, and easily predict and forecast results.

Analytics 51

Analytics Predictive Modeling Visualization Statistics 51

Smarten

DECEMBER 17, 2018

Tools like Assisted Predictive Modeling allow the average business user to become a Citizen Data Scientist with tools that offer guidance and auto-suggestions to help the user arrive at the outcome they need without being frustrated or having to call in an army of analysts and IT staff to help them complete their analysis.

Predictive Analytics 40

Predictive Analytics Predictive Modeling Analytics Statistics 40

IBM Big Data Hub

DECEMBER 20, 2023

Machine learning (ML) technologies can drive decision-making in virtually all industries, from healthcare to human resources to finance and in myriad use cases, like computer vision , large language models (LLMs), speech recognition, self-driving cars and more. What is machine learning?

Machine Learning 83

Machine Learning Modeling Deep Learning Predictive Modeling 83

Birst BI

AUGUST 23, 2018

A key goal of AI or machine learning automation is to have machines complete tasks for you, freeing up time so you can focus on the more complex, higher-value tasks. 1] Until then, we observe in another Gartner survey that organizations are outsourcing various tasks in the Machine Learning pipeline. [2].

Machine Learning 73

Machine Learning Data Science Testing Metrics 73

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

datapine

MARCH 25, 2022

While some experts try to underline that BA focuses, also, on predictive modeling and advanced statistics to evaluate what will happen in the future, BI is more focused on the present moment of data, making the decision based on current insights. What Is Business Intelligence And Analytics?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. Increasing dynamics demand adjustments to the corporate management process – as well as strategic planning and forecasting – to meet growing requirements.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. Increasing dynamics demand adjustments to the corporate management process – as well as strategic planning and forecasting – to meet growing requirements.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

BI-Survey

JANUARY 29, 2023

Companies are therefore looking for ways to produce their plans and forecasts in less time, with less effort and with better results, because in a volatile market environment characterized by crises, there can no longer be “business as usual”, even in corporate planning. This also increasingly applies to forecasts and simulations.

Forecasting 52

Forecasting Predictive Modeling Measurement Finance 52

BI-Survey

NOVEMBER 24, 2020

This generates significant challenges for organizations in many areas and corporate planning and forecasting are no exceptions. The aim is to relieve planners and use historical data for valuable forecasts of the future. Planning, forecasting and analytics must be adapted to keep up with these demands.

Forecasting 94

Forecasting Predictive Modeling Statistics Data-driven 94

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. What is the point of those obvious statistical inferences?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Insight

FEBRUARY 19, 2020

Using variability in machine learning predictions as a proxy for risk can help studio executives and producers decide whether or not to green light a film project Photo by Kyle Smith on Unsplash Originally posted on Toward Data Science. A schematic diagram of my modeling process is shown below.

Risk 67

Risk ROI Modeling Metrics 67

Domino Data Lab

AUGUST 22, 2019

Although it’s not perfect, [Note: These are statistical approximations, of course!] With the SG architecture, context words are predicted given the target word. With CBOW, it is the inverse: The target word is predicted based on the context words. Journal of Machine Learning Research, 9, 2579–605.]. Example 11.6

Deep Learning 111

Deep Learning Modeling Metrics Testing 111

Smarten

OCTOBER 9, 2018

The benefits of augmented analytics and, specifically, of predictive analytics and assisted predictive modeling , are numerous, so there are plenty of reasons to embrace this approach and plenty of advantages of advanced analytics. Plan, forecast and predict with confidence! That is a true benefit!

Predictive Analytics 40

Predictive Analytics Analytics Predictive Modeling Forecasting 40

datapine

NOVEMBER 27, 2019

Often seen as the highest foe-friend of the human race in movies ( Skynet in Terminator, The Machines of Matrix or the Master Control Program of Tron), AI is not yet on the verge to destroy us, in spite the legit warnings of some reputed scientists and tech-entrepreneurs.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 4, 2019

Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. Without a doubt, it’s a big technological advancement, and one of the big statistics buzzwords, but the extent to which it is believed to be already applied is vastly exaggerated.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Smarten

JUNE 21, 2018

This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment. What is the Holt-Winters Forecasting Algorithm? The Holt-Winters algorithm is used for forecasting and It is a time-series forecasting method. 2) Double Exponential Smoothing Use Case.

Forecasting 40

Forecasting Enterprise IT Predictive Modeling 40

Smarten

DECEMBER 3, 2023

‘Augmented analytics is the use of enabling technologies such as machine learning and AI to assist with data preparation, insight generation and insight explanation to augment how people explore and analyze data in analytics and BI platforms.

Key Performance Indicator 52

Key Performance Indicator Analytics IT Predictive Analytics 52

Jet Global

MAY 9, 2024

Machine Learning Pipelines : These pipelines support the entire lifecycle of a machine learning model, including data ingestion , data preprocessing, model training, evaluation, and deployment. This allows them to make informed decisions about the next steps in their analysis or modeling process.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

MAY 1, 2023

Healthcare is forecasted for significant growth in the near future. Head of Sales Priorities Make quota Get an accurate forecast Beat the competition Expand market share Facilitate customer success Connect the Dots Remember that the sales team is on the front lines. They can then pinpoint areas for improvement.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52