Jedox

JANUARY 29, 2019

In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Making AI Real (Part 2).

Predictive Analytics 42

Predictive Analytics Forecasting Sales Analytics 42

Smarten

APRIL 10, 2023

Leverage Enterprise Investments for Predictive Analytics and Gain Numerous Advantages! Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Why the focus on predictive analytics?

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

CIO Business Intelligence

NOVEMBER 14, 2022

The concept of DSS grew out of research conducted at the Carnegie Institute of Technology in the 1950s and 1960s, but really took root in the enterprise in the 1980s in the form of executive information systems (EIS), group decision support systems (GDSS), and organizational decision support systems (ODSS). Forecasting models.

Data mining 141

Data mining Data-driven Statistics OLAP 141

IBM Big Data Hub

JANUARY 25, 2024

2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient. Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms? Now, consider the just-in-case approach.

Optimization 73

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 73

IBM Big Data Hub

SEPTEMBER 30, 2022

IBM is helping clients successfully navigate the age of the unexpected with IBM Business Analytics , an enterprise-grade, trusted, scalable and integrated analytics solution portfolio. This enables a single point of entry for planning, budgeting, forecasting, dashboarding and reporting. You don’t want to miss out!

Business Analytics 52

Business Analytics Analytics Prescriptive Analytics Forecasting 52

BizAcuity

MARCH 31, 2022

Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management. Enterprise Artificial Intelligence. Prescriptive Analytics: Prescriptive analytics is the most complex form of analytics.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Smart Data Collective

NOVEMBER 24, 2020

Prescriptive Analytics. In the future of business intelligence, it will also be more common to break data-based forecasts into actionable steps to achieve the best strategy of business development. In the coming years they are more likely to become a part of enterprise solutions. Automation & Augmented Analytics.

Business Intelligence 133

Business Intelligence Visualization Dashboards Prescriptive Analytics 133

CIO Business Intelligence

FEBRUARY 16, 2023

The next goal, with the aid of partner Findability Sciences, will be to build out ML and AI pipelines into an information delivery layer that can support predictive and prescriptive analytics. “As That is the domain of AI and advanced analytics that serve a role beyond just insight and business optimization.

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Data Warehouse 105

Jedox

JULY 31, 2018

We also took a first look at how fp&a and business intelligence professionals can start to derive tangible value from these technologies for Enterprise Performance Management. Now, we will take a deeper look into AI, Machine learning and other trending technologies and the evolution of data analytics from descriptive to prescriptive.

Technology 44

Technology Prescriptive Analytics Machine Learning Business Intelligence 44

FineReport

APRIL 26, 2023

In this article, we will explore the importance of Big Data, why enterprises need Big Data tools, how to choose the right Big Data analytics tools and provide a list of the top 10 Big Data analytics tools available today. Why do Enterprises Need Big Data Tools? How to Choose the Right Big Data Analytics Tools?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

AWS Big Data

MARCH 26, 2024

Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics. You can benefit from its ML integrations for automated insights like forecasting and anomaly detection or natural language querying with Amazon Q in QuickSight , direct data connectivity from various sources, and pay-per-session pricing.

Data Strategy 80

Data Strategy Strategy Data Warehouse Prescriptive Analytics 80

IBM Big Data Hub

JULY 6, 2023

One ride-hailing transportation company uses big data analytics to predict supply and demand, so they can have drivers at the most popular locations in real time. The company also uses data science in forecasting, global intelligence, mapping, pricing and other business decisions.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

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 Reporting 52

Domino Data Lab

JUNE 2, 2019

In fact, recent industry surveys point out how: Company culture is one of the most significant stumbling blocks for enterprise adoption of effective data-related practices. Many enterprise organizations with sophisticated data practices place those kinds of decisions on data science team leads rather than the executives or product managers.

Data Science 110

Data Science Data-driven Machine Learning Modeling 110

Rocket-Powered Data Science

OCTOBER 6, 2023

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?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

NOVEMBER 27, 2019

Then, calculations will be run and come back to you with growth/trends/forecast, value driver, key segments correlations, anomalies, and what-if analysis. 4) Predictive And Prescriptive Analytics Tools. Business analytics of tomorrow is focused on the future and tries to answer the questions: what will happen?

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

JULY 30, 2024

Prescriptive analytics for regression models combines predictive modeling and optimization techniques to produce actionable recommendations for decision-making. By merging prediction with prescription, the enterprise can proactively identify challenges and opportunities, and drive more effective and strategic outcomes.

Predictive Analytics 65

Predictive Analytics Prescriptive Analytics Predictive Modeling Analytics 65

datapine

DECEMBER 4, 2019

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. Prescriptive Analytics: What should we do? Mobile analytics.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Andrew White

JANUARY 11, 2021

What is your vision for D&A for small and medium enterprises? We have specific research for midsize and small enterprises. See 3 Questions That Midsize Enterprises Should Ask About Data and Analytics and have an inquiry with Alan Duncan. CDO Success Factors: Culture Hacks to Create a Data-Driven Enterprise.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

In a recent study by Mordor Intelligence , financial services, IT/telecom, and healthcare were tagged as leading industries in the use of embedded analytics. Healthcare is forecasted for significant growth in the near future. Traditional BI Platforms Traditional BI platforms are centrally managed, enterprise-class platforms.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52