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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

What is business analytics? Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What is the difference between business analytics and business intelligence?

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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. Data science is an area of expertise that combines many disciplines such as mathematics, computer science, software engineering and statistics.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

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Skilled IT pay defined by volatility, security, and AI

CIO Business Intelligence

Careers, Certifications, IT Skills, Technology Industry AI skills more valuable than certifications There were a couple of stand-outs among those. The premium it attracts rose by more than 10%, making it the fastest-rising AI-related certification.

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Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

The accompanying technology Edge Computing, through which those streaming digital insights are extracted and then served to end-users, has a projected valuation of $800 billion by 2028. trillion by 2030. RFID), inventory monitoring (SKU / UPC tracking). RFID), inventory monitoring (SKU / UPC tracking).

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

CIO Business Intelligence

The concept of DSS grew out of research conducted at the Carnegie Institute of Technology in the 1950s and 1960s, but really took root in the enterprise in the 1980s in the form of executive information systems (EIS), group decision support systems (GDSS), and organizational decision support systems (ODSS). Document-driven DSS.

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MRO spare parts optimization

IBM Big Data Hub

Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms? While artificial intelligence (AI) already factors into many inventory managers’ plans, it’s worth keeping an eye on the latest iteration of the technology.