Remove Diagnostic Analytics Remove Predictive Modeling Remove Prescriptive Analytics
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What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

What are the benefits of business analytics? Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more. What is the difference between business analytics and business intelligence? Kaiser Permanente streamlines operations.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

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 vs. business analytics.

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Data science vs data analytics: Unpacking the differences

IBM Big Data Hub

Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations. Diagnostic analytics: Diagnostic analytics helps pinpoint the reason an event occurred.

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

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?

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What Is Embedded Analytics?

Jet Global

Leading research and consultancy company, Gartner describes the path that businesses take as they move to higher levels: Descriptive Analytics: Describe what happened (e.g., Diagnostic Analytics: No longer just describing. Predictive Analytics: If x, then y (e.g., Now explaining why things happened (e.g.,