Remove Book Remove Prescriptive Analytics Remove Unstructured Data
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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. This data is gathered into either on-premises servers or increasingly into cloud data warehouses and data lakes.

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A Guide to Data Analytics in the Travel Industry

Alation

To fully realize data’s value, organizations in the travel industry need to dismantle data silos so that they can securely and efficiently leverage analytics across their organizations. What is big data in the travel and tourism industry? Why is data analytics important for travel organizations?

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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting. Prescriptive Analytics provides precise recommendations to respond to the query, “What should I do if ‘x’ occurs?”

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Data trust and the evolution of enterprise analytics in the age of AI

CIO Business Intelligence

For example, an analytics dashboard that correlates shipping data gaps in a logistics view could be correlated to quantities released for distribution in a warehouse. Data do not understand causes and effects; humans do. Still, the correlated relationship is not necessarily causal.