Smarten

APRIL 25, 2024

Artificial Intelligence (AI) and Machine Learning (ML) elements support Citizen Data Scientists and help users prepare data, achieve automated data insights and create, share and use predictive models. Users can harness the power of statistics and machine learning to uncover hidden insights and improve the overall quality of your data.

Data Quality 62

Data Quality Analytics Machine Learning Visualization 62

CIO Business Intelligence

JANUARY 15, 2024

Sales statistics Two recent surveys concur that only a tiny minority of retailers have no plans to implement AI today. In its Predictive Demand Planning solution, SAP is using a self-learning model to provide longer-range forecasts, alert users to the root causes of forecast changes, and make recommendations.

Sales 105

Sales Software Forecasting Statistics 105

BizAcuity

APRIL 1, 2023

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. Predictive Analytics It is a subset of business analytics that uses statistical techniques (algorithms) to find patterns in historical data points and predict future outcomes with high accuracy.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

BizAcuity

JANUARY 18, 2023

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. Predictive Analytics. For predictive analytics to deliver high accuracy, a lot depends on the combination of domain knowledge and technical expertise. These include-.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

datapine

MARCH 31, 2022

According to the US Bureau of Labor Statistics, demand for qualified business intelligence analysts and managers is expected to soar to 14% by 2026, with the overall need for data professionals to climb to 28% by the same year. The Bureau of Labor Statistics also states that in 2015, the annual median salary for BI analysts was $81,320.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Rocket-Powered Data Science

JULY 7, 2019

Analytics: The products of Machine Learning and Data Science (such as predictive analytics, health analytics, cyber analytics). Edge Computing (and Edge Analytics): Industry 4.0: Algorithm: A set of rules to follow to solve a problem or to decide on a particular action (e.g., Examples: Cars, Trucks, Taxis.

Internet of Things 157

Internet of Things Machine Learning Manufacturing IoT 157

Business Over Broadway

MARCH 13, 2019

IBM Watson Studio , an end-to-end analytics solution to help you gain insights from your data, was designed for data scientists, application developers and subject matter experts to collaboratively and easily work with data to build and train models at scale. In this step we need to first import the data asset to the Modeler Flow.

Statistics 78

Statistics Measurement Descriptive Analytics Machine Learning 78

datapine

JANUARY 6, 2022

Yet, before any serious data interpretation inquiry can begin, it should be understood that visual presentations of data findings are irrelevant unless a sound decision is made regarding scales of measurement. Interval: a measurement scale where data is grouped into categories with orderly and equal distances between the categories.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smarten

APRIL 12, 2023

Smarten Augmented Analytics tools include Assisted Predictive Modeling , Smart Data Visualization , Self-Serve Data Preparation , Sentiment Analysis , and Clickless Analytics with natural language processing (NLP) for search analytics.

Snapshot 52

Snapshot Key Performance Indicator KPI Business Intelligence 52

Smarten

JUNE 17, 2022

.” The Information Technology Amendment Act of 2009 designated CERT-IN as the national agency to perform functions for cyber security, including the collection, analysis and dissemination of information on cyber incidents, as well as taking emergency measures to handle incidents and coordinating cyber incident response activities.

Analytics 67

Analytics IT Business Intelligence Predictive Modeling 67

Sisense

OCTOBER 6, 2020

Most commonly, we think of data as numbers that show information such as sales figures, marketing data, payroll totals, financial statistics, and other data that can be counted and measured objectively. All descriptive statistics can be calculated using quantitative data. Digging into quantitative data. or “how often?”

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98

Smarten

JUNE 29, 2018

For example, one might consider two groups of participants that are measured at two different “time points” or two groups that are subjected to two different “conditions” Paired T Test is used to evaluate the before and after of a situation, treatment, condition, etc. is the same in two related groups.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Smarten

JUNE 29, 2018

This article describes the analytical technique of multiple linear regression. Multiple Linear Regression is a statistical technique that is designed to explore the relationship between two or more variables (X, and Y). What is Multiple Linear Regression Analysis? How Can Multiple Linear Regression Be Helpful for Business Analysis?

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 29, 2018

Correlation is a statistical measure that indicates the extent to which two variables fluctuate together A positive correlation indicates the extent to which those variables increase or decrease in parallel. The Spearman’s Rank Correlation is a measure of correlation between two ranked (ordered) variables. About Smarten.

Business Analysis 40

Business Analysis IT Measurement Statistics 40

Smarten

JUNE 29, 2018

Correlation is a statistical measure that indicates the extent to which two variables fluctuate together. The Karl Pearson’s correlation measures the degree of linear relationship between two variables. A positive correlation indicates the extent to which those variables increase or decrease in parallel.

Enterprise 40

Enterprise IT Statistics Business Intelligence 40

Smarten

JUNE 29, 2018

The independent sample t-test is a statistical method of hypothesis testing that determines whether there is a statistically significant difference between the means of two independent samples. One is a dimension containing two values and the other is a measure. Let’s look at a sample of the Independent t-test on two variables.

Testing 40

Testing Statistics IT Business Intelligence 40

IBM Big Data Hub

AUGUST 7, 2023

Tackling complexities in clinical trial site selection: A playground for a new technology and AI operating model Enrollment strategists and site performance analysts are responsible for constructing and prioritizing robust end-to-end enrollment strategies tailored to specific trials. To do so they require data, which is in no shortage.

Optimization 58

Optimization Forecasting Data-driven Strategy 58

Smarten

JUNE 29, 2018

Simple Linear Regression is a statistical technique that attempts to explore the relationship between one independent variable (X) and one dependent variable (Y). Business Problem: An eCommerce company wants to measure the impact of product price on product sales. This article describes the Simple Linear Regression method of analysis.

Enterprise 40

Enterprise Sales Statistics Business Intelligence 40

CIO Business Intelligence

OCTOBER 18, 2023

“IDH holds a potentially severe immediate risk for patients during dialysis and therefore requires immediate attention from staff,” says Hanjie Zhang, director of computational statistics and artificial intelligence at the Renal Research Institute, a joint venture of Fresenius North America and Beth Israel Medical Center. “As

Predictive Analytics 133

Predictive Analytics Analytics Machine Learning Digital Transformation 133

Occam's Razor

AUGUST 22, 2011

Mobile Marketing and Analytics: Click-to-Call Mobile Ad Campaigns. Key To Your Digital Success: Web Analytics Measurement Model. Digital Analytics: "Am I thinking right? " Measuring Incrementality: Controlled Experiments to the Rescue! Who Owns Web Analytics? How Do I Measure Success?

KPI 124

KPI Metrics Measurement ROI 124

Business Over Broadway

SEPTEMBER 27, 2018

In this paper, I show you how marketers can improve their customer retention efforts by 1) integrating disparate data silos and 2) employing machine learning predictive analytics. Your marketing strategy is only as good as your ability to deliver measurable results. Machine Learning and Predictive Modeling of Customer Churn.

Machine Learning 76

Machine Learning Data Integration Marketing Predictive Modeling 76

Smarten

JUNE 26, 2018

Logistic regression measures the relationship between the categorical target variable and one or more independent variables It deals with situations in which the outcome for a target variable can have two or more possible types. What is the Multinomial-Logistic Regression Classification Algorithm?

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Smarten

JUNE 29, 2018

Logistic regression measures the relationship between the categorical target variable and one or more independent variables. All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists.

IT 40

IT Business Intelligence Predictive Modeling Statistics 40

Occam's Razor

JANUARY 6, 2010

The second was about predictive analytics and how using massive integrations between online and offline databases they had accomplished some really cool reporting of data (and make no doubt the IT work done over 18 months to accomplish this was cool). 2 Learn basic statistics. Hello statistical significance ! #3

Analytics 99

Analytics IT Statistics Metrics 99

Sisense

SEPTEMBER 12, 2019

A business intelligence strategy is a blueprint that enables businesses to measure their performance, find competitive advantages, and use data mining and statistics to steer the business towards success. . And it can do the same for you. But what is a BI strategy in today’s world? The question is, what are you doing with it?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

Occam's Razor

MARCH 12, 2012

Clickstream + qualitative data + rigorous statistical analysis of outcomes + deep mining of data from competitive intelligence sources + rapid experiments + more. Here's the "bigger web analytics data" picture from 2007… Multiplicity! You have to have that one page, even if it is roughly defined by your Sr.

Big Data 127

Big Data Data-driven Unstructured Data Marketing 127

datapine

AUGUST 29, 2022

7) Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die by Eric Siegel. Best for: someone who has heard a lot of buzz about predictive analytics, but doesn’t have a firm grasp on the subject. – Eric Siegel, author, and founder of Predictive Analytics World.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. This is a much more proactive and scalable model. And more recently, we have also seen innovation with IOT (Internet Of Things).

Insurance 150

Insurance Risk IoT Cost-Benefit 150

AWS Big Data

NOVEMBER 8, 2023

Redshift Serverless measures data warehouse capacity in Redshift Processing Units (RPUs), which are part of the compute resources. This split producer/consumer model of using Redshift serverless can bring benefits to many workloads that have similar performance characteristics to Gilead’s warehouse.

Data Lake 72

Data Lake Data Warehouse Cost-Benefit Optimization 72

Smarten

JULY 10, 2018

This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.

Analytics 40

Analytics Forecasting Statistics Sales 40

DataRobot Blog

NOVEMBER 8, 2022

In a world that is increasingly outcome-focused and platform-based, we have integrated strategy and predictive analytics to move at the speed of our clients’ decisions and established a scalable framework for uncovering and acting on insights in an organized, simple, and transparent operating model. Download Now.

Predictive Analytics 59

Predictive Analytics Marketing Analytics Data-driven 59

Smarten

JUNE 25, 2018

This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. What is a Descriptive Statistics? Descriptive statistics helps users to describe and understand the features of a specific dataset, by providing short summaries and a graphic depiction of the measured data.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

datapine

NOVEMBER 27, 2019

While we work on programs to avoid such inconvenience , AI and machine learning are revolutionizing the way we interact with our analytics and data management while increment in security measures must be taken into account. However, businesses today want to go further and predictive analytics is another trend to be closely monitored.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

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.’ Comfortable with metrics, measurements and prioritization.

Analytics 40

Analytics Prescriptive Analytics Business Intelligence ROI 40

FineReport

APRIL 3, 2024

Data Visualizations: From basic line and bar charts to advanced bubble charts and heat maps, dashboards feature a variety of data visualizations to showcase diverse performance metrics and statistics effectively. Theme model functionality and an extensive function system for enhanced customization and analysis capabilities.

Dashboards 52

Dashboards Visualization Metrics Interactive 52

Smarten

DECEMBER 3, 2023

‘Augmented analytics is the use of enabling technologies such as machine learning and AI to assist with data preparation, insight generation and insight explanation to augment how people explore and analyze data in analytics and BI platforms. What is self-service analytics? We should probably explain before we move on.

Key Performance Indicator 52

Key Performance Indicator Analytics IT Predictive Analytics 52

Alation

MAY 2, 2023

Data analytics techniques, such as machine learning (ML), artificial intelligence (AI), and predictive modeling, can help businesses extract valuable insights from this data to improve operations and customer experience. What are the benefits of data analytics in the hospitality industry?

Data Analytics 52

Data Analytics Analytics ROI Data Governance 52