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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Over the past decade, business intelligence has been revolutionized. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. 2019 was a particularly major year for the business intelligence industry. Source: Business Application Research Center *.

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6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

Using business intelligence and analytics effectively is the crucial difference between companies that succeed and companies that fail in the modern environment. Everything is being tested, and then the campaigns that succeed get more money put into them, while the others aren’t repeated. 1) Informed strategic decisions.

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Data Insights for Everyone — The Semantic Layer to the Rescue

Rocket-Powered Data Science

The data scientists need to find the right data as inputs for their models — they also need a place to write-back the outputs of their models to the data repository for other users to access. That’s enterprise-wide agile curiosity, question-asking, hypothesizing, testing/experimenting, and continuous learning.

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Bridging the Gap: How ‘Data in Place’ and ‘Data in Use’ Define Complete Data Observability

DataKitchen

In the context of Data in Place, validating data quality automatically with Business Domain Tests is imperative for ensuring the trustworthiness of your data assets. Moreover, advanced metrics like Percentage Regional Sales Growth can provide nuanced insights into business performance. What is Data in Use?

Testing 173
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Structural Evolutions in Data

O'Reilly on Data

And then there was the other problem: for all the fanfare, Hadoop was really large-scale business intelligence (BI). While data scientists were no longer handling Hadoop-sized workloads, they were trying to build predictive models on a different kind of “large” dataset: so-called “unstructured data.”

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

What are the benefits of business analytics? Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more. What is the difference between business analytics and business intelligence?

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Beyond the hype: Do you really need an LLM for your data?

CIO Business Intelligence

For example, at a company providing manufacturing technology services, the priority was predicting sales opportunities, while at a company that designs and manufactures automatic test equipment (ATE), it was developing a platform for equipment production automation that relied heavily on forecasting.