Remove Descriptive Analytics Remove Modeling Remove Sales
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Beyond the hype: Do you really need an LLM for your data?

CIO Business Intelligence

The hype around large language models (LLMs) is undeniable. But heres the question I keep asking myself: do we really need this immense power for most of our analytics? Think about it: LLMs like GPT-3 are incredibly complex deep learning models trained on massive datasets. This article reflects some of what Ive learned.

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What Is The Difference Between Business Intelligence And Analytics?

datapine

There is not a clear line between business intelligence and analytics, but they are extremely connected and interlaced in their approach towards resolving business issues, providing insights on past and present data, and defining future decisions. Now, BA can help you understand why did sales spike specifically in New York.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

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).

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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What are the benefits of business analytics? What is the difference between business analytics and business intelligence? Business analytics techniques.

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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics. Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes.

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What is business intelligence? Transforming data into business insights

CIO Business Intelligence

The potential use cases for BI extend beyond the typical business performance metrics of improved sales and reduced costs. BI tools could automatically generate sales and delivery reports from CRM data. A sales team could use BI to create a dashboard showing where each rep’s prospects are on the sales pipeline.

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6 Case Studies on The Benefits of Business Intelligence And Analytics

datapine

Business intelligence can also be referred to as “descriptive analytics”, as it only shows past and current state: it doesn’t say what to do, but what is or was. That is precious insight for the sales team who can look into the data in real-time and understand what the leverages beneath it are. The results?