Descriptive Analytics Forecasting IT 
CIO Business Intelligence
FEBRUARY 6, 2025
But heres the question I keep asking myself: do we really need this immense power for most of our analytics? Existing tools and methods often provide adequate solutions for many common analytics needs Heres the rub: LLMs are resource hogs. Weve all seen the demos of ChatGPT, Google Gemini and Microsoft Copilot. And guess what?
CIO Business Intelligence
JULY 5, 2022
What are the benefits of business analytics? Business analytics and business intelligence (BI) serve similar purposes and are often used as interchangeable terms, but BI can be considered a subset of business analytics. Business analytics techniques. Prescriptive analytics: What do we need to do?
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CIO Business Intelligence
JUNE 7, 2022
What is data analytics? Data analytics is a discipline focused on extracting insights from data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. What are the four types of data analytics? It is frequently used for risk analysis.
datapine
MARCH 25, 2022
Well, what if you do care about the difference between business intelligence and data analytics? Keeping in mind that this is all a matter of opinion, here are our simplified definitions of business intelligence vs business analytics. Business analytics (BA) – Deals with the why’s of what happened in the past.
Smart Data Collective
MARCH 29, 2021
If your brand is trying to navigate today’s crowded and confusing analytics environment, one of the best things you can do is actively seek to reduce the amount of information you’re trying to wrangle. Many businesses restrict themselves to descriptive analytics, or what’s described above as knowing what your customers have already done.
Smart Data Collective
MARCH 11, 2022
Therefore, you need sophisticated customer analytics to analyze complex customer behavior. This article will go over the concept of customer service analytics and some of the uses and advantages it could provide to a business. Below are the different types of customer service analytics and why they matter to your business.
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.
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