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What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

Prescriptive Analytics. In the future of business intelligence, it will also be more common to break data-based forecasts into actionable steps to achieve the best strategy of business development. Increase in ROI. This shows why self-service BI is on the rise. Natural Language Processing (NLP).

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A Guide to Data Analytics in the Travel Industry

Alation

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. How is data analytics used in the travel industry?

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

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. How do predictive and prescriptive analytics fit into this statistical framework?

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Biggest Trends in Data Visualization Taking Shape in 2022

Smart Data Collective

What is the cost and ROI of Data Virtualization? The ROI is obtained by savings in the cost of hardware, software, storage, development and maintenance. In forecasting future events. Prescriptive analytics.

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

Andrew White

On end user clients calls, are you hearing a greater focus on use cases and greater need for prescriptive analytics, ex marketing analytics, sales analytics, healthcare, etc. Yes, prescriptive and predictive analytics remain very popular with clients. See Where to Organize the Work of Data and Analytics.

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What Is Embedded Analytics?

Jet Global

In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. Return on Investment Now we bring it all together to calculate the ROI on embedded analytics.