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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

They emphasize access to and manipulation of large databases of structured data, often a time-series of internal company data and sometimes external data. Commonly used models include: Statistical models. XLSTAT is an Excel data analysis add-on geared for corporate users and researchers. Model-driven DSS.

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Text Analytics – Understanding the Voice of Consumers

BizAcuity

Text Analytics – is a process of turning unstructured text – available in the form of tweets, comments, reviews, etc. – into structured data to develop actionable managerial insights to enhance their operations. . . The way forward.

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Glossary of Digital Terminology for Career Relevance

Rocket-Powered Data Science

Analytics: The products of Machine Learning and Data Science (such as predictive analytics, health analytics, cyber analytics). NLG is a software process that transforms structured data into human-language content. They cannot process language inputs generally. 2) Roomba (vacuums your house).

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Quantitative and Qualitative Data: A Vital Combination

Sisense

Most commonly, we think of data as numbers that show information such as sales figures, marketing data, payroll totals, financial statistics, and other data that can be counted and measured objectively. This is quantitative data. It’s “hard,” structured data that answers questions such as “how many?”

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Text Analytics – Understanding the Voice of Consumers

BizAcuity

Text Analytics – is a process of turning unstructured text – available in the form of tweets, comments, reviews, etc. into structured data to develop actionable managerial insights to enhance their operations. Text mining is also referred to as text analytics, is the process of deriving high -quality information from text.

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Data Visualization and Visual Analytics: Seeing the World of Data

Sisense

Data is usually visualized in a pictorial or graphical form such as charts, graphs, lists, maps, and comprehensive dashboards that combine these multiple formats. Data visualization is used to make the consuming, interpreting, and understanding data as simple as possible, and to make it easier to derive insights from data.