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There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnosticanalytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable. ” “Just 26.5%
How effectively and efficiently an organization can conduct dataanalytics is determined by its datastrategy and data architecture , which allows an organization, its users and its applications to access different types of data regardless of where that data resides.
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. The question is, what are you doing with it?
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