CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI).

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

IBM Big Data Hub

SEPTEMBER 19, 2023

Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations. An electrical engineer can use prescriptive analytics to digitally design and test out various electrical systems to see expected energy output and predict the eventual lifespan of the system’s components.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

BizAcuity

MARCH 31, 2022

AI comes handy for managing inventory, manufacturing, production and marketing. Artificial Intelligence Analytics. Predictive analytics, with the help of machine learning, keeps getting more accurate with the continuous inflow of data. Prescriptive Analytics: Prescriptive analytics is the most complex form of analytics.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

FineReport

APRIL 26, 2023

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. The Big Data ecosystem is rapidly evolving, offering various analytical approaches to support different functions within a business. Descriptive Analytics is used to determine “what happened and why.”

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

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. How do predictive and prescriptive analytics fit into this statistical framework? Pay attention!

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

Jet Global

MAY 1, 2023

The industries that are users of embedded analytics are interesting. The Business Services group leads in the usage of analytics at 19.5 And Manufacturing and Technology, both 11.6 The sample included 1,931 knowledge workers from various industries, including financial services, healthcare, and manufacturing.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52