Remove Data Analytics Remove Metrics Remove Prescriptive Analytics
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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics can help you improve operational efficiency, better understand your customers, project future outcomes, glean insights to aid in decision-making, measure performance, drive growth, discover hidden trends, generate leads, and scale your business in the right direction, according to digital skills training company Simplilearn.

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Big Data Skill sets that Software Developers will Need in 2020

Smart Data Collective

Whether they want a career as an app developer or data analyst, the skillsets below can help them find lucrative careers in a competitive job market. Big Data Skillsets. From artificial intelligence and machine learning to blockchains and data analytics, big data is everywhere. Apache Spark. Programming Language.

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The Role Of Technology In A Changing Financial Services Sector Part II

Cloudera

Thank you for joining us for part two of our discussion around data, analytics and machine learning within the Financial Service Sector Dr. Harmon. However, another type of analytics, called “prescriptive analytics”, involves simulation tools that look towards the future with a view of many potential scenarios.

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A Guide to Data Analytics in the Travel Industry

Alation

Why is data analytics important for travel organizations? With data analytics , travel organizations can gain real-time insights about customers to make strategic decisions and improve their travel experience. How is data analytics used in the travel industry?

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What’s the Difference Between Business Intelligence and Business Analytics?

Sisense

BI lets you apply chosen metrics to potentially huge, unstructured datasets, and covers querying, data mining , online analytical processing ( OLAP ), and reporting as well as business performance monitoring, predictive and prescriptive analytics. Or is Business Intelligence One Part of Business Analytics?

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Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

The following figure shows some of the metrics derived from the study. Strategize based on how your teams explore data, run analyses, wrangle data for downstream requirements, and visualize data at different levels. Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics.