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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What are the benefits of business analytics? What is the difference between business analytics and business intelligence? Business analytics techniques.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

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.

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Three Emerging Analytics Products Derived from Value-driven Data Innovation and Insights Discovery in the Enterprise

Rocket-Powered Data Science

The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data. The ease with which such structured data can be stored, understood, indexed, searched, accessed, and incorporated into business models could explain this high percentage.

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The Role Of Technology In A Changing Financial Services Sector Part II

Cloudera

Machine Learning and AI provide powerful predictive engines that rely on historical data to fit the models. Typically, the more data fed into models, the more robust they become in terms of understanding nuances and subtle relationships. Prescriptive analytics provides decision-makers with thousands of potential future scenarios.

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Why Should I Consider the Citizen Data Scientist Role?

Smarten

Gartner says that a Citizen Data Scientist is “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.” This term has been around for some time and was popularized by Gartner.

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Data science vs. machine learning: What’s the difference?

IBM Big Data Hub

Areas making up the data science field include mining, statistics, data analytics, data modeling, machine learning modeling and programming. Because data analysts often build machine learning models, programming and AI knowledge are also valuable. Deep learning algorithms are neural networks modeled after the human brain.

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Big Data Skill sets that Software Developers will Need in 2020

Smart Data Collective

Apache Hadoop develops open-source software and lets developers process large amounts of data across different computers by using simple models. They can use predictive, descriptive and prescriptive analytics to help CSCOs turn metrics into insights for better decision-making. Apache Spark.