CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance.

Data Analytics 132

Data Analytics Diagnostic Analytics Management Analytics 132

IBM Big Data Hub

SEPTEMBER 19, 2023

Having the right data strategy and data architecture is especially important for an organization that plans to use automation and AI for its data analytics. The types of data analytics Predictive analytics: Predictive analytics helps to identify trends, correlations and causation within one or more datasets.

Data Science 82

Data Science Data Analytics Prescriptive Analytics Analytics 82

CIO Business Intelligence

NOVEMBER 14, 2022

Bayer Crop Science has applied analytics and decision-support to every element of its business, including the creation of “virtual factories” to perform “what-if” analyses at its corn manufacturing sites. Analytics, Data Science Clinical DSS. These systems help clinicians diagnose their patients.

Data mining 135

Data mining Data-driven Statistics OLAP 135

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 Analytics, Artificial Intelligence, Data Management, Predictive Analytics

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Digital Transformation 105

IBM Big Data Hub

JULY 6, 2023

A manufacturer developed powerful, 3D-printed sensors to guide driverless vehicles. One ride-hailing transportation company uses big data analytics to predict supply and demand, so they can have drivers at the most popular locations in real time.

Machine Learning 57

Machine Learning Data Science Statistics Deep Learning 57

FineReport

APRIL 26, 2023

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. Enables Predictive Analytics on data. Has a simple graphical user interface (GUI).

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

BizAcuity

MARCH 31, 2022

AI comes handy for managing inventory, manufacturing, production and marketing. 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.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52