CIO Business Intelligence

JULY 5, 2022

Business analytics and business intelligence (BI) serve similar purposes and are often used as interchangeable terms, but BI can be considered a subset of business analytics. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward. This is the purview of BI.

Business Analytics 134

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 134

CIO Business Intelligence

JANUARY 20, 2023

BI tools access and analyze data sets and present analytical findings in reports, summaries, dashboards, graphs, charts, and maps to provide users with detailed intelligence about the state of the business. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

Business Intelligence 143

Business Intelligence Dashboards Data mining OLAP 143

O'Reilly on Data

OCTOBER 16, 2018

Create a coherent BI strategy that aligns data collection and analytics with the general business strategy. They recognize the instrumental role data plays in creating value and see information as the lifeblood of the organization. That’s why decision-makers consider business intelligence their top technology priority.

Business Intelligence 149

Business Intelligence Data Science Descriptive Analytics Strategy 149

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

Domino Data Lab

JANUARY 21, 2021

Both of these considerations affect the overall return of a data science project, by speeding up the time it takes to “get to value”, or reducing costs associated with training. Cancellation code is probably a good indicator of a flight delay, but if it’s only present for 2-3% of the data, is it useful? ref: [link].

Statistics 106

Statistics Unstructured Data Data Science Visualization 106

datapine

JANUARY 31, 2022

BI software uses algorithms to extract actionable insights from a company’s data and guide its strategic decisions. BI users analyze and present data in the form of dashboards and various types of reports to visualize complex information in an easier, more approachable way.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

Jet Global

MAY 1, 2023

Create a quantitative analysis that proves how embedded analytics are the key to meeting these goals. Discuss, don’t present. Show how embedded analytics will enhance sales and marketing through better demos and shorter sales cycles. Present your business case. Use the experts in analytics to add value to your product.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52