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. Commonly used models include: Statistical models. Analytics, Data Science

Data mining 144

Data mining Data-driven Statistics OLAP 144

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

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

Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Descriptive Statistics. Trends and Patterns. Forecasting. Classification. Hypothesis Testing. Correlation.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

Smart Data Collective

OCTOBER 14, 2019

From artificial intelligence and machine learning to blockchains and data analytics, big data is everywhere. Machine Learning. Machine learning is a trending field and a hot topic right now. Statistics, qualitative analysis and quant are some of the backbones of big data. Big Data Skillsets.

Big Data 75

Big Data Software Data mining Prescriptive Analytics 75

FineReport

JULY 28, 2021

It can be defined as a combination of statistics, math, and computer science techniques employed to discover the patterns behind data and thus help the decision-making process. Data science generally refers to all the knowledge, techniques, and methods used for data analysis, while data analytics is the manner of analyzing massive data.

Business Intelligence 98

Business Intelligence Data Science Data Analytics Analytics 98

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. Gain improved intelligence on operating context and needs through expanded use of descriptive analytics techniques.

Data-driven 42

Data-driven Prescriptive Analytics Descriptive Analytics Machine Learning 42

Smart Data Collective

NOVEMBER 24, 2020

Prescriptive Analytics. In the future of business intelligence, eliminating waste will be easier thanks to better statistics, timely reporting on defects and improved forecasts. This shows why self-service BI is on the rise. Using the information in making business predictions is not a new trend.

Business Intelligence 131

Business Intelligence Visualization Dashboards Prescriptive Analytics 131

Rocket-Powered Data Science

JULY 14, 2023

I recently saw an informal online survey that asked users what types of data (tabular; text; images; or “other”) are being used in their organization’s analytics applications. This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative.

Analytics 165

Analytics Internet of Things Prescriptive Analytics Data Science 165

Sisense

JUNE 30, 2020

The primary objective of data visualization is to clearly communicate what the data says, help explain trends and statistics, and show patterns that would otherwise be impossible to see. When BI and analytics users want to see analytics results, and learn from them quickly, they rely on data visualizations.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

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. What is the point of those obvious statistical inferences? How does that work in practice?

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. The commercial use of predictive analytics is a relatively new thing.

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.’ The Analytics Translator is an important member of the new analytical team.

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. See: Tool: A Living Library of Real-World Data and Analytics Use Cases. We do have good examples and bad examples.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Advanced Analytics Some apps provide a unique value proposition through the development of advanced (and often proprietary) statistical models. These advanced analytics become easy for users to apply in their own analyses. Statistically speaking, you increase your likelihood of success simply by putting your goals on paper.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52