Remove Data Integration Remove Descriptive Analytics Remove Statistics
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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems.

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior. The vast majority of financial services companies use the data within their applications for what is called “ Descriptive Analytics.”

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Data trust and the evolution of enterprise analytics in the age of AI

CIO Business Intelligence

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.

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What Is Embedded Analytics?

Jet Global

Some cloud applications can even provide new benchmarks based on customer data. Advanced Analytics Some apps provide a unique value proposition through the development of advanced (and often proprietary) statistical models. These advanced analytics become easy for users to apply in their own analyses.