Smart Data Collective

OCTOBER 14, 2019

From the tech industry to retail and finance, big data is encompassing the world as we know it. They can use predictive, descriptive and prescriptive analytics to help CSCOs turn metrics into insights for better decision-making. Statistics, qualitative analysis and quant are some of the backbones of big data.

Big Data 99

Big Data Software Data mining Prescriptive Analytics 99

Sisense

SEPTEMBER 12, 2019

A business intelligence strategy is a blueprint that enables businesses to measure their performance, find competitive advantages, and use data mining and statistics to steer the business towards success. . When working with customers we’ve found that a good place to start is with finance and sales data. Find a bottleneck in R&D?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

Jedox

JULY 31, 2018

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. Analytic Evolution in Enterprise Performance Management. Predictive analytics is one aspect of advanced analytics that will be key in driving efficiency and innovation.

Technology 44

Technology Prescriptive Analytics Machine Learning Business Intelligence 44

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

Government, Finance, … Tough question…mostly as it’s hard to determine which industry due to different uses and needs of D&A. As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. Does this promote efficiency? We see both too.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

APRIL 9, 2025

One of the most fundamental tenets of statistical methods in the last century has focused on correlation to determine causation. For example, an analytics dashboard that correlates shipping data gaps in a logistics view could be correlated to quantities released for distribution in a warehouse.

Enterprise 102

Enterprise Analytics Experimentation Statistics 102

Jet Global

MAY 1, 2023

Advanced Analytics Some apps provide a unique value proposition through the development of advanced (and often proprietary) statistical models. These advanced analytics become easy for users to apply in their own analyses. Statistically speaking, you increase your likelihood of success simply by putting your goals on paper.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52