FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. SQL manages and retrieves data from databases, handling larger datasets.

Statistics 52

Statistics Data mining Visualization Reporting 52

IBM Big Data Hub

JULY 6, 2023

One ride-hailing transportation company uses big data analytics to predict supply and demand, so they can have drivers at the most popular locations in real time. An e-commerce conglomeration uses predictive analytics in its recommendation engine.

Machine Learning 60

Machine Learning Data Science Statistics Deep Learning 60

BizAcuity

MARCH 31, 2022

Marketers also have access to several AI softwares to save time and optimize their work at every step of the funnel. Content writing, copywriting, video analytics and customer reinvestment, all have AI applications now. Integrating IoT and route optimization are two other important places that use AI. AI in Healthcare.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Sisense

JUNE 30, 2020

The simplest type, descriptive analytics , describes something that has already happened and suggests its root causes. Predictive analytics is the most beneficial, but arguably the most complex type. Predicting forthcoming trends sets the stage for optimizing the benefits your organization takes from them.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

FineReport

MARCH 2, 2021

By contrast, analytics follows a pull approach , where analysts pull out the data they need to answer specific business questions. Predictive analytics (answer what will happen in the future?) Prescriptive analytics (answer what are optimal next steps?).

Reporting 98

Reporting Analytics Key Performance Indicator Prescriptive Analytics 98

AWS Big Data

MARCH 26, 2024

Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics. Amazon Redshift offers real-time insights and predictive analytics capabilities for analyzing data from terabytes to petabytes. Sandipan Bhaumik (Sandi) is a Senior Analytics Specialist Solutions Architect at AWS.

Data Strategy 67

Data Strategy Strategy Data Warehouse Prescriptive Analytics 67

BizAcuity

MARCH 8, 2019

Workforce Analytics in simple terms can be defined as an advanced set of software and methodology tools that measures, characterizes, and organizes sophisticated employee data and these tools helps in understanding the employee performance in a logical way. Workforce analytics in Event Industry – Its Relevancy in today’s HR environment.

Analytics 73

Analytics Prescriptive Analytics Cost-Benefit Metrics 73

Alation

MARCH 21, 2023

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. Some companies struggle to optimize their data’s value and leverage analytics effectively.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Rocket-Powered Data Science

OCTOBER 6, 2023

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?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

Smart Data Collective

OCTOBER 13, 2021

How is Data Virtualization performance optimized? The best Data Virtualization platforms employ performance optimization techniques such as intelligent caches, task scheduling, delegation to sources, query optimization, asynchronous and parallel execution, etc., Prescriptive analytics. In forecasting future events.

Visualization 134

Visualization Cost-Benefit Big Data Prescriptive Analytics 134

datapine

NOVEMBER 27, 2019

However, businesses today want to go further and predictive analytics is another trend to be closely monitored. 4) Predictive And Prescriptive Analytics Tools. Business analytics of tomorrow is focused on the future and tries to answer the questions: what will happen? How can we make it happen?

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 4, 2019

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Prescriptive Analytics: What should we do?

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

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.’ What is a Citizen Data Scientist (Citizen Analyst)? A power user of self-serve BI tools.

Analytics 40

Analytics Prescriptive Analytics Business Intelligence ROI 40

Andrew White

JANUARY 11, 2021

For a time, I believed simulation was more useful a capability than optimization, at the time that larger firms were seeking optimization solutions. On end user clients calls, are you hearing a greater focus on use cases and greater need for prescriptive analytics, ex marketing analytics, sales analytics, healthcare, etc.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Strategic Objective Provide an optimal user experience regardless of where and how users prefer to access information. We have outlined the requirements that most providers ask for: Data Sources Strategic Objective Use native connectivity optimized for the data source. Diagnostic Analytics: No longer just describing.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52