CIO Business Intelligence

JULY 5, 2022

Research firm Gartner defines business analytics as “solutions used to build analysis models and simulations to create scenarios, understand realities, and predict future states.”. Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

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 and data science are closely related.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

IBM Big Data Hub

SEPTEMBER 19, 2023

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Sisense

SEPTEMBER 12, 2019

Most companies find themselves in the bottom left corner, in the Descriptive Analytics and Diagnostic Analytics sections. You likely already have some form of scheduled reports, are drilling down into your data, discovering what is in your data, and may even be visualizing to some extent. Do you want to be more efficient?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

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Visualization

BizAcuity

MARCH 31, 2022

Artificial Intelligence Analytics. AI can be applies to all 3 major types of analytics: Descriptive Analytics: The entire journey of the descriptive and diagnostic analytics process includes data extraction, data aggregation and data mining; 3 applications where AI is widely used to reduce costs, and eliminate complex actions.

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.

Statistics 52

Statistics Data mining Visualization Reporting 52