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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

To generate accurate probabilities of future behavior, predictive analytics combine historical data from any number of applications with statistical algorithms. The credit scores generated by the predictive model are then used to approve or deny credit cards or loans to customers. Accounts in use.