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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. Prescriptive analytics: What do we need to do? The discipline is a key facet of the business analyst role.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

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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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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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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Think your customers will pay more for data visualizations in your application? But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics. Five years ago they may have.

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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? Can you conduct what-if scenarios to visualize your options? Can you review historical data modules? Master data enrichment to enhance categorization and materials attributes.

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Re-Visualizing Business Intelligence, now let’s chat!

Smarten

We know that by designing self-learning programs, we are in a position to provide prescriptive analytics. Some prescriptive analytics based on known parameters were always a part of ERP or BI offering. And we are calling this technology Smarten. Is this Business Intelligence?