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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

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The Power of Graph Databases, Linked Data, and Graph Algorithms

Rocket-Powered Data Science

And this: perhaps the most powerful node in a graph model for real-world use cases might be “context”. How does one express “context” in a data model? After all, the standard relational model of databases instantiated these types of relationships in its very foundation decades ago: the ERD (Entity-Relationship Diagram).

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Biggest Trends in Data Visualization Taking Shape in 2022

Smart Data Collective

Over time, it is true that artificial intelligence and deep learning models will be help process these massive amounts of data (in fact, this is already being done in some fields). What is the cost and ROI of Data Virtualization? The ROI is obtained by savings in the cost of hardware, software, storage, development and maintenance.

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Understanding BI Tools in Today’s Market

Smarten

It includes predictive and prescriptive analytics and is used to gain insight into data and plan for the future using sophisticated features like key influencer analytics, sentiment analysis, embedded business intelligence, assisted predictive modeling, anomaly alerts, natural language processing (NLP) for simple search analytics and other features.

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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics. Five years ago they may have. But today, dashboards and visualizations have become table stakes.

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What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

Prescriptive Analytics. Increase in ROI. Features: self-service visualizations and analysis machine-guided analysis associate model for exploring complex data integration of data from different sources data storytelling secure sharing of data models. This shows why self-service BI is on the rise. QlickSense.

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Are Analytics Translators & Citizen Data Scientists Critical?

Smarten

Analytics Translators bridge the gap between IT, data scientists and business users, and move initiatives forward by acting as a liaison and topic expert to help the organization focus on the right things to achieve its goals.