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Editorial Review of “Building Industrial Digital Twins”

Rocket-Powered Data Science

It is an insight engine, providing not only data for descriptive and diagnostic analytics applications, but also providing essential data for predictive and prescriptive analytics applications. All phases of the MVT process are discussed: strategy, designs, pilot, implementation, test, validation, operations, and monitoring.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

How effectively and efficiently an organization can conduct data analytics is determined by its data strategy and data architecture , which allows an organization, its users and its applications to access different types of data regardless of where that data resides.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

In 2020, BI tools and strategies will become increasingly customized. Businesses of all sizes are no longer asking if they need increased access to business intelligence analytics but what is the best BI solution for their specific business. Another increasing factor in the future of business intelligence is testing AI in a duel.

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Delivering Low-latency Analytics Products for Business Success

Rocket-Powered Data Science

When data science was in its “early days” within businesses, the data scientists mostly worked offline with static sources (like databases or web-based reports) to build and test analytics models for potential deployment in the enterprise.

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The Role Of Technology In A Changing Financial Services Sector Part II

Cloudera

However, another type of analytics, called “prescriptive analytics”, involves simulation tools that look towards the future with a view of many potential scenarios. Prescriptive analytics provides decision-makers with thousands of potential future scenarios. To capture the importance of sequencing of events. .

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

AI Adoption and Data Strategy. Lack of a solid data strategy. In order to adopt AI solutions for your business, the best way forward is to first ensure that you have a strong data strategy in place. Data strategy allows you to build a roadmap to adopt AI. Worth a read if you are brainstorming on AI strategy.

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Assisted Predictive Analytics Benefits All Team Members!

Smarten

Leverage Enterprise Investments for Predictive Analytics and Gain Numerous Advantages! Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Why the focus on predictive analytics? It’s simple!