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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. Suddenly advanced analytics wasn’t just for the analysts.

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What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

The current BI trends show that in the future, the BI software will be more accessible, so that even non-techie workers will rely on data insights in their working routine. Prescriptive Analytics. Special feature: in-memory storage to boost data processing. This shows why self-service BI is on the rise. SAP Lumira.

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

AWS Big Data

Customer 360 (C360) provides a complete and unified view of a customer’s interactions and behavior across all touchpoints and channels. This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. Then, you transform this data into a concise format.

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What is the Benefits of Real Time Data?

Jet Global

According to a recent Forbes article, “the prescriptive analytics software market is estimated to grow from approximately $415M in 2014 to $1.1B This way when you reach out to a customer, you can see all customer notes so make your interaction more personalized. in 2019, attaining a 22 percent compound annual growth rate.”

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Machine Learning and AI Underpin Predictive Analytics to Achieve Clinical Breakthroughs

Cloudera

For those asking big questions, in the case of healthcare, an incredible amount of insight remains hidden away in troves of clinical notes, EHR data, medical images, and omics data. To arrive at quality data, organizations are spending significant levels of effort on data integration, visualization, and deployment activities.

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

Consider all customer interactions and their data sources as potential sources for predicting future customer behavior. Integrate the data sources of the various behavioral attributes into a functional data model. Automate the data processing sequence. Could it be an account balance change?

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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting. Prescriptive Analytics provides precise recommendations to respond to the query, “What should I do if ‘x’ occurs?”