CIO Business Intelligence

JUNE 7, 2022

In business analytics, this is the purview of business intelligence (BI). Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance. In business, predictive analytics uses machine learning, business rules, and algorithms.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

CIO Business Intelligence

JULY 5, 2022

Predictive analytics: What is likely to happen in the future? Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes. Prescriptive analytics: What do we need to do? Examples of business analytics.

Business Analytics 135

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 135

IBM Big Data Hub

SEPTEMBER 19, 2023

Having the right data strategy and data architecture is especially important for an organization that plans to use automation and AI for its data analytics. The types of data analytics Predictive analytics: Predictive analytics helps to identify trends, correlations and causation within one or more datasets.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

BizAcuity

MARCH 31, 2022

More use-cases are being tried, tested and built everyday, the innovation in this field will not cease for the next few years. But AI platforms like TensorFlow, MS Azure and Google AI allow large sets of data to be used for training, testing, developing and deploying AI applications and algorithms. Applications of AI. AI in Marketing.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. Descriptive analytics: Assessing historical trends, such as sales and revenue.

Statistics 52

Statistics Data mining Visualization Sales 52

Jet Global

MAY 1, 2023

Later on, you’ll appreciate being able to test ideas and leverage best practices as your needs evolve. Get training for those who will be using the platform to create analytics. Diagnostic Analytics: No longer just describing. Predictive Analytics: If x, then y (e.g., Build your first set of reports.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52