CIO Business Intelligence

JULY 5, 2022

Descriptive analytics uses historical and current data to describe the organization’s present state by identifying trends and patterns. Predictive analytics: What is likely to happen in the future? Prescriptive analytics: What do we need to do? This is the purview of BI. GSK finds inventory reduction opportunities.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

CIO Business Intelligence

JUNE 7, 2022

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

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.’ It’s simple!

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). Analytics, Data Science

Data mining 144

Data mining Data-driven Statistics OLAP 144

Cloudera

JULY 18, 2018

Now organizations can reap all the benefits of having an enterprise data lake, in addition to an advanced analytics solution enabling them to put machine learning and AI into action at massive scale to improve health outcomes for individuals and entire populations alike.

Machine Learning 51

Machine Learning Predictive Analytics Analytics Prescriptive Analytics 51

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 41

Predictive Analytics Forecasting Sales Analytics 41

IBM Big Data Hub

JULY 27, 2022

Today, most enterprises use services from more than one Cloud Service Provider (CSP). IT is a critical part of every enterprise today, and even a small service outage directly affects the top line. Predictive analytics to show what will happen next. Prescriptive analytics to show how to achieve or prevent the prediction.

Prescriptive Analytics 93

Prescriptive Analytics Descriptive Analytics Data-driven Cost-Benefit 93

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

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 Iyengar is supplementing his team’s skill set with help from enterprise AI specialist Findability Sciences.

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Data Warehouse 105

BizAcuity

MARCH 31, 2022

Enterprise Artificial Intelligence. Enterprise Artificial intelligence (AI) is a common jargon used to refer to how an organization integrates artificial intelligence (AI) into its infrastructure to drive digital transformation. The aim of predictive analytics is, as the name suggests, to predict and forecast outcomes.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

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

Smarten

SEPTEMBER 9, 2024

‘To fulfill the role of a Citizen Data Scientist, business users today can leverage augmented analytics solutions; that is analytics that provide simple recommendations and suggestions to help users easily choose visualization and predictive analytics techniques from within the analytical tool without the need for expert analytical skills.’

Prescriptive Analytics 52

Prescriptive Analytics Predictive Analytics Data-driven Business Intelligence 52

Sisense

OCTOBER 27, 2020

Given that the average enterprise company now has 15-19 HR systems feeding it information and 85% of leaders say that people analytics are very important to the future of HR, this clearly has to change! Strategic analytics. Predictive analytics are the next step in your HR analytics journey.

People Analytics 74

People Analytics Analytics Cost-Benefit Key Performance Indicator 74

Sisense

SEPTEMBER 12, 2019

With a goal of getting to the end of the chart with predictive and prescriptive analytics, you can ask questions like: Are we going to hit our targets by the end of the year? Do you want to be more efficient? Find a bottleneck in R&D? Share knowledge with customers? Add value to your solution? . A Centralized Approach.

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

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

AWS Big Data

MARCH 26, 2024

Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics. Amazon Redshift offers real-time insights and predictive analytics capabilities for analyzing data from terabytes to petabytes. Learn from this to build querying capabilities across your data lake and the data warehouse.

Data Strategy 87

Data Strategy Strategy Data Warehouse Prescriptive Analytics 87

Smarten

APRIL 11, 2018

This new enterprise role is known as an ‘Analytics Translator’ and, while there is some confusion regarding the distinction between this role and the newly minted Citizen Data Scientist or Citizen Analyst , there are some subtle but important differences. What is a Citizen Data Scientist (Citizen Analyst)?

Analytics 40

Analytics Prescriptive Analytics Business Intelligence ROI 40

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? Enables Predictive Analytics on data.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

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. An e-commerce conglomeration uses predictive analytics in its recommendation engine.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

Smarten

SEPTEMBER 9, 2024

Gartner defines a citizen data scientist as, ‘ a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside of the field of statistics and analytics.’ But to succeed, the enterprise must plan carefully. So, let’s get started.

Consulting 52

Consulting Cost-Benefit Data Science Business Intelligence 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 Reporting 52

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

Traditional BI Platforms Traditional BI platforms are centrally managed, enterprise-class platforms. Diagnostic Analytics: No longer just describing. Predictive Analytics: If x, then y (e.g., Prescriptive Analytics: Here’s what to do to achieve a desired outcome (e.g.,

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

CIO Business Intelligence

DECEMBER 19, 2024

As organizations struggle with the increasing volume, velocity, and complexity of data, having a comprehensive analytics and BI platform offers real solutions that address key challenges, such as data management and governance, predictive and prescriptive analytics, and democratization of insights.

Sales 122

Sales Analytics Key Performance Indicator Prescriptive Analytics 122