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Predictive Models Are Nothing Without Trust

Cloudera

For a smaller airport in Canada, data has grown to be its North Star in an industry full of surprises. In order for data to bring true value to operationsand ultimately customer experiencesthose data insights must be grounded in trust. Data needs to be an asset and not a commodity. What’s the reason for data?

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How to Use Data Science for Marketing?

Analytics Vidhya

Data science is a game-changer for marketing professionals in today’s digital age. With vast amounts of data available, marketers now have the power to unlock valuable insights and make data-driven decisions that drive business growth. appeared first on Analytics Vidhya.

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External Data Supports More Accurate Planning

David Menninger's Analyst Perspectives

One of the points that I look at is whether and to what extent the software provider offers out-of-the-box external data useful for forecasting, planning, analysis and evaluation. Until recently, it was adequate for organizations to regard external data as a nice to have item, but that is no longer the case.

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What is the Difference Between Covariance and Correlation?

Analytics Vidhya

Everything from data-driven decision-making to scientific discoveries to predictive modeling depends on our potential to disentangle the hidden connections and patterns within complex datasets.

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How Can BI Consulting Services Help Foster Data-driven Decisions

BizAcuity

In today’s data-rich environment, the challenge isn’t just collecting data but transforming it into actionable insights that drive strategic decisions. For organizations, this means adopting a data-driven approach—one that replaces gut instinct with factual evidence and predictive insights. What is BI Consulting?

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The key to operational AI: Modern data architecture

CIO Business Intelligence

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. For companies investing in data science, realizing the return on these investments requires embedding AI deeply into business processes.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Data exploded and became big. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business dashboards. The rise of self-service analytics democratized the data product chain. 1) Data Quality Management (DQM). We all gained access to the cloud.