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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes. Prescriptive analytics: What do we need to do? Simplilearn adds a fourth technique : Diagnostic analytics: Why is it happening? Examples of business analytics.

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Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

This article quotes an older market projection (from 2019) , which estimated “the global industrial IoT market could reach $14.2 Another dimension to this story, of course, is the Future of Work discussion, including creation of new job titles and roles, and the demise of older job titles and roles. trillion by 2030.”.

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MRO spare parts optimization

IBM Big Data Hub

trillion, up from USD 864 billion in 2019 to 2020. Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms? It can be if you rely on a spreadsheet, physical asset counts or solely on condition monitoring.

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

BizAcuity

By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. of organizations who participated in an executive survey back in 2019 claimed they are going to be investing in big data and AI. Source: Gartner Research). Source: TCS).

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The Power of Graph Databases, Linked Data, and Graph Algorithms

Rocket-Powered Data Science

In 2019, I was asked to write the Foreword for the book “ Graph Algorithms: Practical Examples in Apache Spark and Neo4j “ , by Mark Needham and Amy E. I wrote an extensive piece on the power of graph databases, linked data, graph algorithms, and various significant graph analytics applications.

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Top Database Reporting Tools You Can’t Miss (For Sql, Oracle and NoSQL)

FineReport

There are more advanced use cases, including predictive/prescriptive analytics, trigger notifications and granular security. 2019’s Best Excel Reporting Tool that Reaches Far beyond Excel. The visualizations and dashboards are truly native MongoDB results and can be shared and embedded quickly. You might also be interested in….

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Data Visualization and Visual Analytics: Seeing the World of Data

Sisense

Broadly, there are three types of analytics: descriptive , prescriptive , and predictive. The simplest type, descriptive analytics , describes something that has already happened and suggests its root causes. Her debut novel, The Book of Jeremiah , was published in 2019.