Rocket-Powered Data Science

MARCH 10, 2020

But it is not a failure — its actual success (and positive ROI) is discovered by the graph analytics algorithm through the transitive relationship between the marketing campaign and the final customer purchase, through an intermediary (entity-in-the-middle)! The campaign looks like a failure. community detection ).

Metadata 250

Metadata Machine Learning ROI Prescriptive Analytics 250

Alation

MARCH 21, 2023

How is data analytics used in the travel industry? The travel and tourism industry can use predictive, descriptive, and prescriptive analytics to make data-driven decisions that ultimately enhance revenue, mitigate risk, and increase efficiencies.

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

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. Prescriptive analytics. Data Virtualization integrates with ESBs and enables real-time deployment of Data Services in SOA implementations. In forecasting future events.

Visualization 135

Visualization Cost-Benefit Big Data Prescriptive Analytics 135

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)?

Analytics 40

Analytics Prescriptive Analytics Business Intelligence ROI 40

Andrew White

JANUARY 11, 2021

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. Yes, prescriptive and predictive analytics remain very popular with clients. For things like data science labs there is no ROI.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. Benefits: The combination of strategic benefits (e.g., cost reduction).

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52