IBM Big Data Hub

SEPTEMBER 19, 2023

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

Data Science 84

Data Science Data Analytics Prescriptive Analytics Analytics 84

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. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

IBM Big Data Hub

JANUARY 25, 2024

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms? What’s at stake?

Optimization 81

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 81

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. It features support for creating and visualizing decision tree–driven customer interaction flows. Analytics, Data Science

Data mining 144

Data mining Data-driven Statistics OLAP 144

IBM Big Data Hub

JULY 6, 2023

The fields have evolved such that to work as a data analyst who views, manages and accesses data, you need to know Structured Query Language (SQL) as well as math, statistics, data visualization (to present the results to stakeholders) and data mining. A manufacturer developed powerful, 3D-printed sensors to guide driverless vehicles.

Machine Learning 60

Machine Learning Data Science Statistics Deep Learning 60

FineReport

APRIL 26, 2023

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. 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

AI comes handy for managing inventory, manufacturing, production and marketing. Predictive analytics, with the help of machine learning, keeps getting more accurate with the continuous inflow of data. Prescriptive Analytics: Prescriptive analytics is the most complex form of analytics. AI Platforms.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52