datapine

MARCH 25, 2022

There is not a clear line between business intelligence and analytics, but they are extremely connected and interlaced in their approach towards resolving business issues, providing insights on past and present data, and defining future decisions. Well, what if you do care about the difference between business intelligence and data analytics?

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smarten

JULY 30, 2024

‘Giving your team access to sophisticated, complex analytical techniques in an intuitive environment, allows them to leverage predictive analytics without a data scientist or analytical background.’ That’s why your business needs predictive analytics. And, not just any predictive analytics!

Predictive Analytics 62

Predictive Analytics Prescriptive Analytics Predictive Modeling Analytics 62

Rocket-Powered Data Science

MARCH 19, 2021

The dynamic changes of the business requirements and value propositions around data analytics have been increasingly intense in depth (in the number of applications in each business unit) and in breadth (in the enterprise-wide scope of applications in all business units in all sectors).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

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

Birst BI

OCTOBER 30, 2018

Instead of transacting business with only a paper record, enterprise applications recorded transactions in a computer database. An analytics alternative that goes beyond descriptive analytics is called “Predictive Analytics.”. Predictive Analytics: Predicting Future Outcomes.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Rocket-Powered Data Science

OCTOBER 6, 2023

What is the point of those obvious statistical inferences? The point is that the 100% association between the event and the preceding condition has no special predictive or prescriptive power. How do predictive and prescriptive analytics fit into this statistical framework? Or more simply: given Y, find X.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Complete Set of Analytical Techniques. Descriptive Statistics. Trends and Patterns. Regression.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

datapine

MARCH 31, 2022

According to the US Bureau of Labor Statistics, demand for qualified business intelligence analysts and managers is expected to soar to 14% by 2026, with the overall need for data professionals to climb to 28% by the same year. The Bureau of Labor Statistics also states that in 2015, the annual median salary for BI analysts was $81,320.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

JULY 5, 2022

What is business analytics? Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What is the difference between business analytics and business intelligence? This is the purview of BI.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

Smarten

AUGUST 5, 2022

Can Predictive Analytics Provide Accurate Results for My Business Without Burdening My Users? If your business is struggling to forecast and predict outcomes and results, your management team is probably considering predictive analytics. What is Predictive Analytics?

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Forecasting 52

Smarten

SEPTEMBER 28, 2022

Apply Predictive Analytics to Specific Business Use Cases for Real Results! Gartner has predicted that, ‘Overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’ Plan and forecast accurately.’. Customer Churn. Quality Control. Demand Planning.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

Smart Data Collective

MAY 13, 2022

Artificial intelligence and allied technologies make business insight tools and data analytics software more efficient. In addition, several enterprises are using AI-enabled programs to get business analytics insights from volumes of complex data coming from various sources. Takes advantage of predictive analytics.

Business Analytics 141

Business Analytics Analytics Unstructured Data Data-driven 141

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). Parmenides Edios.

Data mining 144

Data mining Data-driven Statistics OLAP 144

Smarten

JUNE 27, 2023

Give Your Team Assisted Predictive Analytics with Easy-to-Use Algorithms and Techniques! Gartner research analysts predict that, ‘90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’

Predictive Analytics 52

Predictive Analytics Analytics Forecasting Testing 52

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. Approaches need to take this dynamic nature into mind.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

CIO Business Intelligence

OCTOBER 13, 2023

The data architect is responsible for visualizing and designing an organization’s enterprise data management framework. Data architects and data engineers work together to visualize and build the enterprise data management framework. Data architect vs. data engineer The data architect and data engineer roles are closely related.

Data Architecture 132

Data Architecture Data Warehouse Statistics Visualization 132

Domino Data Lab

JULY 28, 2021

Through a marriage of traditional statistics with fast-paced, code-first computer science doctrine and business acumen, data science teams can solve problems with more accuracy and precision than ever before, especially when combined with soft skills in creativity and communication. Math and Statistics Expertise.

Data Science 110

Data Science Statistics Predictive Analytics Recreation/Entertainment 110

Smart Data Collective

AUGUST 10, 2021

. ‘Although companies in healthcare, IT and finance are some of the biggest investors in analytics technology, plenty of other sectors are investing in analytics as well. Analytics Becomes Major Asset to Companies Across All Sectors. The most significant benefit of statistical analysis is that it is completely impartial.

Data Analytics 137

Data Analytics Analytics Big Data Key Performance Indicator 137

David Menninger's Analyst Perspectives

APRIL 23, 2025

Some of the basics, especially predictive analytics built on machine learning, are already available. Its challenge now is to remain at the forefront in applying these technologies to improve the productivity, efficiency, agility and service level delivery capabilities of enterprises with the most demanding supply chain environments.

Cost-Benefit 130

Cost-Benefit Manufacturing Enterprise Software 130

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

Artificial Intelligence and generative AI are beginning to change how enterprises do many things, especially planning and budgeting. This organization would be responsible for supporting the planning activities of individual business units of an enterprise.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

Smarten

DECEMBER 17, 2018

Tools like Assisted Predictive Modeling allow the average business user to become a Citizen Data Scientist with tools that offer guidance and auto-suggestions to help the user arrive at the outcome they need without being frustrated or having to call in an army of analysts and IT staff to help them complete their analysis.

Predictive Analytics 40

Predictive Analytics Predictive Modeling Analytics Statistics 40

Smarten

OCTOBER 9, 2018

Predictive Analytics is no longer limited to data scientists. The benefits of augmented analytics and, specifically, of predictive analytics and assisted predictive modeling , are numerous, so there are plenty of reasons to embrace this approach and plenty of advantages of advanced analytics.

Predictive Analytics 40

Predictive Analytics Analytics Predictive Modeling Forecasting 40

CIO Business Intelligence

JANUARY 25, 2024

With two decades of experience as a human resources leader, Deepa Subbaiah, a senior director for HR at Freshworks, has deep expertise in exploring how enterprise teams can get the most out of workplace tech, from first-generation SaaS applications in the early 2000s to today’s AI-powered chatbots. Make it appealing and relevant to me.”

Deep Learning 115

Deep Learning Cost-Benefit Statistics Manufacturing 115

Smarten

NOVEMBER 19, 2018

The process of predictive analytics has come far in the past decade. Today’s self-serve predictive analytics and forecasting tools are designed to support business users and data analysts alike. What is Predictive Analytics? Can Predictive Analytics Help You Achieve Business Objectives?

Business Objectives 40

Business Objectives Predictive Analytics Analytics Forecasting 40

datapine

JANUARY 6, 2022

Based on that amount of data alone, it is clear the calling card of any successful enterprise in today’s global world will be the ability to analyze complex data, produce actionable insights and adapt to new market needs… all at the speed of thought. In fact, a Digital Universe study found that the total data supply in 2012 was 2.8

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

Smarten

JULY 23, 2019

What is Predictive Analytics and How Can it Help My Business? What is predictive analytics? Put simply, predictive analytics is a method used to forecast and predict the future results and needs of an organization using historical data and a comprehensive set of data from across and outside the enterprise.

Modeling 63

Modeling Predictive Analytics Predictive Modeling IT 63

Smarten

JUNE 25, 2018

This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. What is a Descriptive Statistics? Descriptive statistics helps users to describe and understand the features of a specific dataset, by providing short summaries and a graphic depiction of the measured data.

Statistics 40

Statistics Enterprise Measurement Business Intelligence 40

CIO Business Intelligence

JANUARY 19, 2024

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. Candidates for the exam are tested on ML, AI solutions, NLP, computer vision, and predictive analytics.

Data Science 126

Data Science Machine Learning Predictive Modeling Forecasting 126

CIO Business Intelligence

JUNE 14, 2023

Candidates are required to complete a minimum of 12 credits, including four required courses: Algorithms for Data Science, Probability and Statistics for Data Science, Machine Learning for Data Science, and Exploratory Data Analysis and Visualization. The credential does not expire.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

bridgei2i

FEBRUARY 21, 2020

As technology innovates year after year, AI-powered analytics has likewise evolved, while keeping a decade-long marathon-paced trend in popularity. In fact, statistics from Maryville University on Business Data Analytics predict that the US market will be valued at more than $95 billion by the end of this year.

IoT 83

IoT Analytics Deep Learning B2B 83

Jet Global

JULY 11, 2019

With major advances being made in artificial intelligence and machine learning, businesses are investing heavily in advanced analytics to get ahead of the competition and increase their bottom line. Demand forecasting is an area of predictive analytics best known for understanding consumer demand for goods and services.

Business Intelligence 72

Business Intelligence Forecasting Predictive Analytics Data Warehouse 72

DataRobot

DECEMBER 8, 2021

As noted in this report from Forrester®, “four out of five global data and analytics decision makers say that their firms want to become more data-driven and perform more advanced predictive analytics and artificial intelligence projects. Traditional statistics simply don’t work on this scale. Next Best Action.

Customer Analytics 97

Customer Analytics Analytics Advertising Data-driven 97

IBM Big Data Hub

SEPTEMBER 19, 2023

Though you may encounter the terms “data science” and “data analytics” being used interchangeably in conversations or online, they refer to two distinctly different concepts. Data science is an area of expertise that combines many disciplines such as mathematics, computer science, software engineering and statistics.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Smarten

DECEMBER 5, 2022

Gartner predicts that, ‘90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’. Business users are often daunted by the titles and perceived complexity of the predictive analytics algorithms. Descriptive Statistics.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Forecasting Testing 52

datapine

NOVEMBER 19, 2019

Currently, popular approaches include statistical methods, computational intelligence, and traditional symbolic AI. An exemplary application of this trend would be Artificial Neural Networks (ANN) – the predictive analytics method of analyzing data. How it will be used in enterprises , we will yet to see.

Technology 279

Technology Internet of Things IT IoT 279

datapine

NOVEMBER 5, 2019

According to Accenture, 89% of business innovators believe that that big data analytics will revolutionize business operations in the same way as the World Wide Web. Moreover, 57% of enterprise organizations currently employ a chief data officer, another study conducted by MicroStrategy.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

Smarten

JUNE 29, 2018

’ ARIMAX is related to the ARIMA technique but, while ARIMA is suitable for datasets that are univariate (see the article, entitled’ What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?’). How Can ARIMAX Forecasting Be Used for Enterprise Analysis?

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40