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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

For both reasons, the role of CIOs has to embrace automation and analytical thinking in strategizing the organization’s initiatives. They are using analytics to help drive business growth. While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. bn by 2025. .

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What is a business analyst? A key role for business-IT efficiency

CIO Business Intelligence

What is a business analyst? Business analysts (BAs) are responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements, and deliver data-driven recommendations and reports to executives and stakeholders.

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Seize The Power Of Analytical Reports – Business Examples & Templates

datapine

While many companies struggle to leverage an effective business intelligence strategy, the importance of analytical information created a fluctuation of data that cannot be simply collected into a single spreadsheet. What Is An Analytical Report? Let’s get started.

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Best business analyst certifications to level up your career

CIO Business Intelligence

Successful business analysts have the skills to work with data, the acumen to understand the business side of the organization, and the ability to communicate that information to people outside of IT. And the top employers of business analysts include Google, Citi, JPMorgan Chase & Co., Amazon, Capgemini, and IBM.

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What is Spearman’s Rank Correlation and How is it Useful for Business Analysis?

Smarten

This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. How is Spearman’s Rank Correlation Useful for Business Analysis? Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. Use Case – 1.

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What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

Smarten

What is Multiple Linear Regression Analysis? To better understand multiple linear regression, let’s look at one such analysis of independent variables: Temperature and Humidity, and a target variable (yield). How Can Multiple Linear Regression Be Helpful for Business Analysis? Use Case – 1. About Smarten.

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What is Frequent Pattern Mining (Association) and How Does it Support Business Analysis?

Smarten

How Does Frequent Pattern Mining Support Business Analysis? This method of analysis can be useful in evaluating data for various business functions and industries. Basket Data Analysis – To analyze the association of purchased items in a single basket or single purchase. So, Support (x -> y)= no.