Remove Descriptive Analytics Remove Interactive Remove IoT
article thumbnail

Beyond the hype: Do you really need an LLM for your data?

CIO Business Intelligence

They promise to revolutionize how we interact with data, generating human-quality text, understanding natural language and transforming data in ways we never thought possible. Tableau, Qlik and Power BI can handle interactive dashboards and visualizations. This article reflects some of what Ive learned. And guess what?

article thumbnail

Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

Cognitive analytics is basically the opposite of descriptive analytics. In descriptive analytics, the task is to find answers to predetermined business questions (how much, how many, how often, who, where, when), whereas cognitive analytics is tasked with finding the business questions that should be asked.

article thumbnail

Improve Underwriting Using Data and Analytics

Cloudera

IoT examples such as telematics-based travel or car insurance enable a very personalized insurance policy (more on this in a prior post ). The next step leads to performing exploratory, descriptive analytics, “why is this happening,” and so on.

Analytics 102