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The future of data: A 5-pillar approach to modern data management

CIO Business Intelligence

This approach is repeatable, minimizes dependence on manual controls, harnesses technology and AI for data management and integrates seamlessly into the digital product development process. However, the analytics/reporting function needs to drive the organization of the reports and self-service analytics.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

What is data analytics? Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. What are the four types of data analytics?

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

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Editorial Review of “Building Industrial Digital Twins”

Rocket-Powered Data Science

The digital twin is more than a data collector. 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. 6) Specific Industry 4.0

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Zoho adds AI and ML capabilities in Zoho Analytics 6.0

CIO Business Intelligence

Zoho has updated Zoho Analytics to add artificial intelligence to the product and enables customers create custom machine-learning models using its new Data Science and Machine Learning (DSML) Studio. The advances in Zoho Analytics 6.0 He enthused about the new mobile app, and new chart types in Analytics 6.0,

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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. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

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Defining clear metrics to drive model adoption and value creation

Domino Data Lab

In some cases, data science does generate models directly to revenue, such as a contextual deal engine that targets people with offers that they can instantly redeem. How do we track value enabled through better decision support such as a data science model or a diagnostic visualization versus an experienced manager making decisions?

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