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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

Team Upskilling: Train business analysts on planning, gap analysis, scoping & blueprinting, cost-benefit calculation of new initiatives, solution architecture, modelling, elicitation, requirement management, performance management, and other improvement initiatives. Tools Updating: A business analyst is as good as his/her tools.

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

CIO Business Intelligence

Depending on the role, a business analyst might work with data sets to improve products, hardware, tools, software, services, or process. Organizations such as the IIBA, IQBBA, IREB, and PMI each offer their own tailored certifications for business analysis.

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How AI and IoT Solutions Can Improve Your Business

Smart Data Collective

l Successful Execution of Business Analysis. IoT implementation simplifies your organization and aids in creating precise forecasts, both of which are critical for increasing corporate efficiency. Various firms are using machine-to-machine interaction to identify inbound attacks and send out automatic answers to cybercriminals.

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What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Smarten

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity.

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

Smarten

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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Revolutionizing budgeting and planning processes for a retail giant

IBM Big Data Hub

They improved governance and transparency across different brands and countries, enabling a sharper focus on strategic business analysis to drive growth and innovation.” ” The new solution delivered significant automation based on clicks from the user interface and simplified financial processes.

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7 Mind-Blowing Facts You Didn’t Know About AI

Smart Data Collective

These have a very widespread application in trading, business analysis, and planning, error forecasting, etc. This technology can assist us with the decision-making process, and it can reproduce the train of thought a person would take. The network is composed of different nodes connected to symbolize the biological brain.