Smart Data Collective

NOVEMBER 24, 2020

Business intelligence software will be more geared towards working with Big Data. Data Governance. One issue that many people don’t understand is data governance. It is evident that challenges of data handling will be present in the future too. Prescriptive Analytics.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

Sisense

SEPTEMBER 12, 2019

A business intelligence strategy is a blueprint that enables businesses to measure their performance, find competitive advantages, and use data mining and statistics to steer the business towards success. . Every company has been generating data for a while now. But what is a BI strategy in today’s world?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

Smarten

SEPTEMBER 9, 2024

What is a Cititzen Data Scientist? Gartner defines a citizen data scientist as, ‘ a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside of the field of statistics and analytics.’ Who is a Citizen Data Scientist?

Consulting 52

Consulting Cost-Benefit Data Science Business Intelligence 52

Andrew White

JANUARY 11, 2021

But we are seeing increasing data suggesting that broad and bland data literacy programs, for example statistics certifying all employees of a firm, do not actually lead to the desired change. New data suggests that pinpoint or targeted efforts are likely to be more effective. We do have good examples and bad examples.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

APRIL 9, 2025

If we dig deeper, we find that two factors are really at work: Causal data versus correlated data Data maturity as it relates to business outcomes. One of the most fundamental tenets of statistical methods in the last century has focused on correlation to determine causation.

Enterprise 102

Enterprise Analytics Experimentation Statistics 102

CIO Business Intelligence

MAY 6, 2025

Predictive analytics: Turning insight into foresight Predictive analytics uses historical data and statistical models or machine learning algorithms to answer the question, What is likely to happen? This is where analytics begins to proactively impact decision-making. Its a symptom of needing one.

Prescriptive Analytics 78

Prescriptive Analytics Predictive Analytics Descriptive Analytics ROI 78