Remove Business Analytics Remove Measurement Remove Predictive Modeling
article thumbnail

What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

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.

article thumbnail

What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

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). Data analytics vs. business analytics.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Data Analytics Tools Eliminate Business Owner Headaches

Smart Data Collective

Some of the practical applications of CRM analytics include: Creating customer groups. Tracking and measuring escalation arising from problems with a specific product or service. Creating predictive models. Big Data is Simplifying Many Business Management Tasks. Analysis of profitability and customer value.

article thumbnail

Smarten Augmented Analytics Receives CERT-IN Certification for Its Products and Services!

Smarten

.” The Information Technology Amendment Act of 2009 designated CERT-IN as the national agency to perform functions for cyber security, including the collection, analysis and dissemination of information on cyber incidents, as well as taking emergency measures to handle incidents and coordinating cyber incident response activities.

article thumbnail

Smarten Announces SnapShot Anomaly Monitoring Alerts: Powerful Tools for Business Users!

Smarten

SnapShot KPI monitoring allows business users to quickly establish KPIs, target metrics and identify key influencers and variables for the target KPI.

article thumbnail

How to Leverage Machine Learning for AML Compliance

BizAcuity

Predictive Analytics It is a subset of business analytics that uses statistical techniques (algorithms) to find patterns in historical data points and predict future outcomes with high accuracy. Building a predictive model is a continuous process and commitment.

article thumbnail

How to Leverage Machine Learning for AML Compliance

BizAcuity

Predictive Analytics. It is a subset of business analytics that uses statistical techniques (algorithms) to find patterns in historical data points and predict future outcomes with high accuracy. Predictive modeling for flagging suspicious activity. These include-. REFERENCES. [1]