article thumbnail

Decoding Data Analyst Job Description: Skills, Tools, and Career Paths

FineReport

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.

article thumbnail

Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management. The aim of predictive analytics is, as the name suggests, to predict and forecast outcomes.

article thumbnail

The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? Value Management or monetization. Risk Management (most likely within context of governance). Product Management. Saul Judah is our main person focusing on D&A risk management. Governance.