Rocket-Powered Data Science

MARCH 19, 2021

Focus on specific data types: e.g., time series, video, audio, images, streaming text (such as social media or online chat channels), network logs, supply chain tracking (e.g., RFID), inventory monitoring (SKU / UPC tracking).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. What is the point of those obvious statistical inferences? How does that work in practice?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Meanwhile, data analytics is the act of examining datasets to extract value and find answers to specific questions.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

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. The question is, what are you doing with it?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

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

TDAN

APRIL 2, 2025

In 2016, the technology research firmGartnercoined the term citizen data scientist, defining it 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.

Prescriptive Analytics 52

Prescriptive Analytics Statistics Modeling Technology 52