CIO Business Intelligence

OCTOBER 4, 2023

There’s also strong demand for non-certified security skills, with DevSecOps, security architecture and models, security testing, and threat detection/modelling/management attracting the highest pay premiums. AI skills more valuable than certifications There were a couple of stand-outs among those.

Prescriptive Analytics 135

Prescriptive Analytics IT Machine Learning Risk 135

CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

IBM Big Data Hub

JANUARY 25, 2024

Over time, inventory managers have tested different approaches to determine the best fit for their organizations. Considering that IDC surveyed 37% of companies that manage spare parts inventory by using spreadsheets, email, shared folders or an uncertain approach, it becomes evident that this practice carries more risk than it might seem.

Optimization 83

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 83

Cloudera

AUGUST 25, 2020

One of the key takeaways from recent times that should be considered into the future, is that banks need to rethink how they look at tail risk or extreme events that rarely happen. . This is critically important for predicting risk exposures. Prescriptive analytics provides decision-makers with thousands of potential future scenarios.

Prescriptive Analytics 68

Prescriptive Analytics Technology Machine Learning Risk 68

Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Hypothesis Testing. Competitive Changes. Market Changes. Trends and Patterns. Trends and Patterns. Forecasting.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

IBM Big Data Hub

JULY 6, 2023

Some examples of data science use cases include: An international bank uses ML-powered credit risk models to deliver faster loans over a mobile app. An AI-based medical assessment platform analyzes medical records to determine a patient’s risk of stroke and predict treatment plan success rates.

Machine Learning 61

Machine Learning Data Science Statistics Deep Learning 61

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. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Reporting 52