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Data science vs. machine learning: What’s the difference?

IBM Big Data Hub

While data science and machine learning are related, they are very different fields. In a nutshell, data science brings structure to big data while machine learning focuses on learning from the data itself. What is machine learning? This post will dive deeper into the nuances of each field.

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

BI focuses on descriptive analytics, data collection, data storage, knowledge management, and data analysis to evaluate past business data and better understand currently known information. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward. Business analytics techniques.

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The Role Of Technology In A Changing Financial Services Sector Part II

Cloudera

Thank you for joining us for part two of our discussion around data, analytics and machine learning within the Financial Service Sector Dr. Harmon. Machine Learning and AI provide powerful predictive engines that rely on historical data to fit the models. You can catch-up and read part 1 of the series, here.

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

Decision intelligence seeks to update and reinvent decision support systems with a sophisticated mix of tools including artificial intelligence (AI) and machine learning (ML) to help automate decision-making. These DSS include systems that use accounting and financial models, representational models, and optimization models.

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Common Use Cases for Mathematical Optimization

Mathematical optimization is a subset of artificial intelligence and a type of prescriptive analytics. What are some of the most common use cases for mathematical optimization across industries? This guide is ideal if you: Are curious about the different application areas for mathematical optimization.

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Straumann Group is transforming dentistry with data, AI

CIO Business Intelligence

The next goal, with the aid of partner Findability Sciences, will be to build out ML and AI pipelines into an information delivery layer that can support predictive and prescriptive analytics. “As That is the domain of AI and advanced analytics that serve a role beyond just insight and business optimization.

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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. SQL manages and retrieves data from databases, handling larger datasets.