Rocket-Powered Data Science

MARCH 19, 2021

The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. One CIO said it this way , “If CIOs invested in machine learning three years ago, they would have wasted their money. But if they wait another three years, they will never catch up.”

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Rocket-Powered Data Science

MARCH 10, 2020

The book Graph Algorithms: Practical Examples in Apache Spark and Neo4j is aimed at broadening our knowledge and capabilities around these types of graph analyses, including algorithms, concepts, and practical machine learning applications of the algorithms. Your team will become graph heroes.

Metadata 250

Metadata Machine Learning ROI Prescriptive Analytics 250

CIO Business Intelligence

NOVEMBER 14, 2022

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. Analytics, Data Science XLSTAT is an Excel data analysis add-on geared for corporate users and researchers.

Data mining 144

Data mining Data-driven Statistics OLAP 144

CIO Business Intelligence

FEBRUARY 16, 2023

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 We have a learning curve at our end to build the right skill set within us.” The company’s Findability.ai

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Digital Transformation 105

IBM Big Data Hub

JULY 27, 2022

Specifically, AIOps uses big data, analytics, and machine learning capabilities to do the following: Collect and aggregate the huge and ever-increasing volumes of operations data generated by multiple IT infrastructure components, applications and performance-monitoring tools. Predictive analytics to show what will happen next.

Prescriptive Analytics 93

Prescriptive Analytics Descriptive Analytics Data-driven Cost-Benefit 93

Jedox

JULY 31, 2018

Part one of our blog series explored how people are the driving force behind the digital transformation and how it is fueled by artificial intelligence and machine learning. Now, we will take a deeper look into AI, Machine learning and other trending technologies and the evolution of data analytics from descriptive to prescriptive.

Technology 43

Technology Prescriptive Analytics Machine Learning Business Intelligence 43

Cloudera

MARCH 2, 2018

The private sector already very successfully uses data analytics and machine learning not only to realise efficiency gains but also – even more importantly – to create completely new services and business models. Identify those most at risk or most affected by a problem more accurately by using predictive analytics.

Data-driven 42

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 42

FineReport

MARCH 24, 2024

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.

Statistics 52

Statistics Data mining Visualization Reporting 52

FineReport

APRIL 26, 2023

.” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

BizAcuity

MARCH 31, 2022

Predictive Analytics: Predictive analytics is the most talked about topic of the decade in the field of data science. The aim of predictive analytics is, as the name suggests, to predict and forecast outcomes. Prescriptive Analytics: Prescriptive analytics is the most complex form of analytics.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

DataRobot Blog

NOVEMBER 12, 2019

by Jen Underwood. Why didn’t I think of that? Sometimes we get caught up in our day-to-day lives and don’t stop to see if we are solving the right, bigger picture problems. Read More.

Optimization 61

Optimization Prescriptive Analytics Predictive Analytics Machine Learning 61

Sisense

JUNE 30, 2020

When BI and analytics users want to see analytics results, and learn from them quickly, they rely on data visualizations. The simplest type, descriptive analytics , describes something that has already happened and suggests its root causes. Predictive analytics is the most beneficial, but arguably the most complex type.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

Domino Data Lab

JUNE 2, 2019

Secondly, I talked backstage with Michelle, who got into the field by working on machine learning projects, though recently she led data infrastructure supporting data science teams. Just doing machine learning is not enough, and sometimes not even necessary.”. First off, her slides are fantastic! Nick Elprin.

Data-driven 110

Data-driven Data Science Machine Learning Modeling 110

AWS Big Data

MARCH 26, 2024

This can be achieved using AWS Entity Resolution , which enables using rules and machine learning (ML) techniques to match records and resolve identities. Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics.

Data Strategy 66

Data Strategy Strategy Data Warehouse Prescriptive Analytics 66

Alation

MARCH 21, 2023

How is data analytics used in the travel industry? The travel and tourism industry can use predictive, descriptive, and prescriptive analytics to make data-driven decisions that ultimately enhance revenue, mitigate risk, and increase efficiencies.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

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

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

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. 4) Predictive And Prescriptive Analytics Tools.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 4, 2019

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Prescriptive Analytics: What should we do?

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Smarten

APRIL 11, 2018

Gartner defines a Citizen Data Scientist as ‘a person who creates or generates models that leverage predictive or prescriptive analytics but whose primary job function is outside of the field of statistics and analytics.’ What is a Citizen Data Scientist (Citizen Analyst)?

Analytics 40

Analytics Prescriptive Analytics Business Intelligence ROI 40

Andrew White

JANUARY 11, 2021

The data suggests several things: The work of traditional analytics and BI continues towards democratization in the business unit directly, we call this domain analytics in our research, part of domain D&A. Yes, prescriptive and predictive analytics remain very popular with clients.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Diagnostic Analytics: No longer just describing. Predictive Analytics: If x, then y (e.g., Prescriptive Analytics: Here’s what to do to achieve a desired outcome (e.g., In the same way, embedded analytics lean towards descriptive and diagnostic. Interest in predictive analytics continues to grow.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52