Business Analytics Diagnostic Analytics Forecasting 
CIO Business Intelligence
JULY 5, 2022
What is business analytics? Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. The discipline is a key facet of the business analyst role. Business analytics techniques.
CIO Business Intelligence
JUNE 7, 2022
What are the four types of data analytics? More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI).
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
IBM Big Data Hub
SEPTEMBER 19, 2023
The types of data analytics Predictive analytics: Predictive analytics helps to identify trends, correlations and causation within one or more datasets. Healthcare systems can also forecast which regions will experience a rise in flu cases or other infections.
FineReport
MARCH 24, 2024
Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.
Rocket-Powered Data Science
OCTOBER 6, 2023
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. Now that we have described predictive and prescriptive analytics in detail, what is there left?
Expert insights. Personalized for you.
136 
Let's personalize your content