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. This is the purview of BI. GSK finds inventory reduction opportunities.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

CIO Business Intelligence

JUNE 7, 2022

To ensure robust analysis, data analytics teams leverage a range of data management techniques, including data mining, data cleansing, data transformation, data modeling, and more. What are the four types of data analytics? In business analytics, this is the purview of business intelligence (BI).

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

O'Reilly on Data

OCTOBER 16, 2018

As BI evolves from traditional reporting and descriptive analytics toward data science and AI, many practitioners fear that new capabilities will make their skill sets obsolete.Fighting new initiatives is, perhaps, a natural preservation instinct. Today, few firms qualify success properly.

Business Intelligence 171

Business Intelligence Data Science Descriptive Analytics Data Collection 171

Birst BI

OCTOBER 30, 2018

Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior. The vast majority of financial services companies use the data within their applications for what is called “ Descriptive Analytics.”

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Business Over Broadway

MARCH 13, 2019

Next, we can explore our data by calculating some descriptive statistics for our measures. For our example, to answer our questions, we need to look at two types of analytics: 1) Descriptive and 2) Predictive. Descriptive analytics are used to indicate the current state of the world. Explore Data.

Statistics 78

Statistics Measurement Descriptive Analytics Machine Learning 78

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. . Most companies find themselves in the bottom left corner, in the Descriptive Analytics and Diagnostic Analytics sections.

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

Domino Data Lab

JUNE 2, 2019

Moving beyond introductions, i.e., the more descriptive and anecdotal aspects, Kahneman explored tools we can use to overcome the effects of cognitive bias. The most poignant for me was a simple approach for measuring noise within an organization. Measure how these decisions vary across your population.

Data Science 110

Data Science Data-driven Machine Learning Modeling 110