Remove Measurement Remove Prescriptive Analytics Remove Risk Remove Visualization
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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

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.

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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting. Prescriptive Analytics provides precise recommendations to respond to the query, “What should I do if ‘x’ occurs?”

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? A well-designed credit scoring algorithm will properly predict both the low- and high-risk customers. Will this next trade return a profit?

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Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

You can use third-party data products from AWS Marketplace delivered through AWS Data Exchange to gain insights on income, consumption patterns, credit risk scores, and many more dimensions to further refine the customer experience. Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics.

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Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

Her talk addressed career paths for people in data science going into specialized roles, such as data visualization engineers, algorithm engineers, and so on. The most poignant for me was a simple approach for measuring noise within an organization. Measure how these decisions vary across your population. Because of compliance.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. Suddenly advanced analytics wasn’t just for the analysts. 2) Data Discovery/Visualization. Data exploded and became big.

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The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

Some data is more a risk than valuable. As such any Data and Analytics strategy needs to incorporate data sovereignty as per of its D&A governance program. Coding skills – SQL, Python or application familiarity – ETL & visualization? Risk Management (most likely within context of governance).