Smart Data Collective

NOVEMBER 24, 2020

Prescriptive Analytics. In the future of business intelligence, it will also be more common to break data-based forecasts into actionable steps to achieve the best strategy of business development. This shows why self-service BI is on the rise. Using the information in making business predictions is not a new trend. SAP Lumira.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

AWS Big Data

MARCH 26, 2024

Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics. You can benefit from its ML integrations for automated insights like forecasting and anomaly detection or natural language querying with Amazon Q in QuickSight , direct data connectivity from various sources, and pay-per-session pricing.

Data Strategy 94

Data Strategy Strategy Data Warehouse Prescriptive Analytics 94

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.

Statistics 52

Statistics Data mining Visualization Reporting 52

Jet Global

MAY 1, 2023

In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. Predictive Analytics: If x, then y (e.g., Now explaining why things happened (e.g.,

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52