Sisense

FEBRUARY 25, 2021

One of the most important applications of data is using it to forecast the future. This is where forecasting analytics can be a game-changer in the decision-making process. In a recent webinar , I talked about how one of our customers, a performance theater owner, uses predictive analytics. Data-driven forecasting decisions.

Forecasting 52

Forecasting Analytics Predictive Modeling Machine Learning 52

CIO Business Intelligence

SEPTEMBER 24, 2024

Accelerated adoption of artificial intelligence (AI) is fuelling rapid expansion in both the amount of stored data and the number of processes needed to train and run machine learning models. It takes huge volumes of data and a lot of computing resources to train a high-quality AI model.

Predictive Modeling 115

Predictive Modeling Machine Learning Forecasting Data-driven 115

Smarten

MARCH 23, 2020

Predictive Analytics for Business Users = Assisted Predictive Modeling! These types of decision-making can be particularly dangerous to your business when they are applied to predicting and forecasting. Are you tired of using guesswork and opinions to make business decisions?

Predictive Analytics 52

Predictive Analytics Forecasting Predictive Modeling Analytics 52

Smarten

MARCH 13, 2018

That may seem like a tall order but with the right business intelligence software, you can provide predictive analytics for business users, including assisted predictive modeling that walks users through the analytical process and allows them to achieve the best results without a sophisticated knowledge of data analytical techniques.

Predictive Modeling 40

Predictive Modeling Modeling Analytics Predictive Analytics 40

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. Energy: Forecast long-term price and demand ratios.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

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. You need experience in machine learning and predictive modeling techniques, including their use with big, distributed, and in-memory data sets.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

CIO Business Intelligence

MAY 21, 2024

With the generative AI gold rush in full swing, some IT leaders are finding generative AI’s first-wave darlings — large language models (LLMs) — may not be up to snuff for their more promising use cases. With this model, patients get results almost 80% faster than before. It’s fabulous.”

IT 131

IT Cost-Benefit Experimentation Forecasting 131

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. Understanding Assisted Predictive Modeling.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Forecasting 52

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. Increasing dynamics demand adjustments to the corporate management process – as well as strategic planning and forecasting – to meet growing requirements.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. Increasing dynamics demand adjustments to the corporate management process – as well as strategic planning and forecasting – to meet growing requirements.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

Smarten

APRIL 10, 2023

Investment in predictive analytics benefits everyone in the organization, including business users and team members, data scientists and the organization in general. Instead, they can use assisted predictive modeling to improve business agility and align processes, activities and tasks with business objectives and goals.

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

CIO Business Intelligence

JULY 5, 2022

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. Data analytics is used across disciplines to find trends and solve problems using data mining , data cleansing, data transformation, data modeling, and more.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

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 64

Modeling Predictive Analytics Predictive Modeling IT 64

Smarten

MAY 17, 2019

Whether you need to anticipate and plan for equipment maintenance, target online customers, control customer churn, or identify ways to cross-sell and upsell customers on existing and new products and services, these predictive analytics tools can help you to optimize your marketing budget and your resources and mitigate risk and market missteps.

Predictive Analytics 66

Predictive Analytics Forecasting Analytics Predictive Modeling 66

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.’ It is meant to identify crucial relationships and opportunities and risks and help the organization to accurately predict: Growth.

Predictive Analytics 69

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 69

Smarten

JANUARY 28, 2020

Predictive analytics is more refined, more dependable and more comprehensive than ever. The foundation for predictive analysis is a great predictive analytics tool, and features and function that include assisted predictive modeling.

Predictive Analytics 69

Predictive Analytics Software Predictive Modeling Analytics 69

CIO Business Intelligence

DECEMBER 11, 2023

For example, by tapping into real-time data with AI-enabled analytics, CFOs will be able to develop multiple scenarios for capital allocation, offering more forward-looking projections and more accurate forecasts.

Finance 105

Finance Forecasting IoT Predictive Modeling 105

Smarten

MARCH 7, 2024

Search Analytics is evolving at a rapid pace, and the concept of auto insights builds on the foundation of assisted predictive modeling and Clickless Analytics features, taking natural language processing (NLP) search analytics and predictive modeling to the next level.

Analytics 69

Analytics Machine Learning Predictive Modeling Visualization 69

Smarten

SEPTEMBER 28, 2022

Plan and forecast accurately.’. Predictive Analytics utilizes various techniques including association, correlation, clustering, regression, classification, forecasting and other statistical techniques. Plan and forecast accurately. Customer Churn. Demand Planning. Product/Service Cross-Selling. Maintenance Management.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

CIO Business Intelligence

JUNE 14, 2023

The certification focuses on the seven domains of the analytics process: business problem framing, analytics problem framing, data, methodology selection, model building, deployment, and lifecycle management. They can also transform the data, create data models, visualize data, and share assets by using Power BI.

Big Data 126

Big Data Data Analytics Analytics Predictive Modeling 126

Smart Data Collective

SEPTEMBER 16, 2020

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

Predictive Analytics 124

Predictive Analytics Analytics Predictive Modeling Data mining 124

Smarten

JUNE 26, 2018

This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series of errors. p: to apply autoregressive model on series.

Forecasting 40

Forecasting Enterprise IT Sales 40

Rocket-Powered Data Science

JULY 13, 2023

Beyond the early days of data collection, where data was acquired primarily to measure what had happened (descriptive) or why something is happening (diagnostic), data collection now drives predictive models (forecasting the future) and prescriptive models (optimizing for “a better future”).

Analytics 167

Analytics Machine Learning Data Science Data Collection 167

Smarten

JUNE 29, 2018

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. What is ARIMAX Forecasting? This method is suitable for forecasting when data is stationary/non stationary, and multivariate with any type of data pattern, i.e., level/trend /seasonality/cyclicity. About Smarten.

Forecasting 40

Forecasting Enterprise IT Business Intelligence 40

DataRobot

OCTOBER 19, 2021

Many available forecasts provide less than four weeks notice at the state and county level. Additionally, these forecasts often miss surges in community transmission until it is too late to change course. Traditional predictive models do not account for anomaly detection on data reporting issues (e.g.,

Forecasting 98

Forecasting Predictive Modeling Testing Optimization 98

IBM Big Data Hub

NOVEMBER 29, 2023

.” No-code and low-code solutions for time series data exploration IBM introduced Downer to the realm where no-code and low-code solutions could build predictive models to provide faster insights. Downer was able to streamline modeling times with watsonx.ai

Predictive Modeling 63

Predictive Modeling Data-driven Data Science Forecasting 63

Smarten

OCTOBER 10, 2024

The Auto Insights approach to analytics provides a foundation of Assisted Predictive Modeling and easy-to-use tools, making it simple enough for every business user to adopt as an important tool in the team toolkit, and supporting the path from business user to Citizen Data Scientist, with tools that encourage data literacy.

Analytics 65

Analytics Machine Learning Predictive Modeling ROI 65

Jedox

MAY 17, 2022

What Predictive Analytics Cannot Forecast. Predictive Analytics Example in Finance. A Brief History of Predictive Analytics. No industry has attempted to do more with predictive analytics than the financial services industry. What is Predictive Analytics? What Predictive Analytics Cannot Forecast.

Predictive Analytics 85

Predictive Analytics Finance Analytics Forecasting 85

FineReport

JUNE 7, 2024

Innovations such as AI-driven analytics, interactive dashboards , and predictive modeling set these companies apart. Boasting a user-centric approach, Alteryx’s key features include drag-and-drop functionalities and predictive modeling capabilities.

Visualization 52

Visualization Predictive Analytics Dashboards Predictive Modeling 52

Smarten

JUNE 19, 2019

Encourage Data Literacy and Achieve Results with Assisted Predictive Modeling! If you want to include predictive analytics and forecasting in your planning process, there are numerous analytical techniques and algorithms at your disposal. In short, augmented analytics learning does not have to include years of study.

Predictive Analytics 58

Predictive Analytics Analytics Predictive Modeling Forecasting 58

IBM Big Data Hub

OCTOBER 5, 2022

Build planning models to improve supply chain management. You also build planning models to capture relationships and constraints so that you can change your driver assumptions and immediately see the impact on resources and capacity over time. The challenge faced by every company is matching supply with demand.

Analytics 52

Analytics Forecasting Predictive Modeling Manufacturing 52

Cloudera

APRIL 11, 2023

Applied ML Prototypes (AMPs) are fully built end-to-end data science solutions that allow data scientists to go from an idea to a fully working machine learning model in a fraction of the time. First Place: Forecasting Evapotranspiration With Kats and Prophet Danika Gupta ’s AMP checked all the boxes for the judges (see GitHub repository ).

Forecasting 71

Forecasting Machine Learning Recreation/Entertainment Sales 71

Smarten

NOVEMBER 26, 2018

With the right predictive analytics tool, your business can hypothesize, test theories, discover the effects of a possible price increase, discover and address changing buying behavior and develop appropriate competitive strategies.

Predictive Analytics 58

Predictive Analytics Predictive Modeling Analytics Forecasting 58

BI-Survey

JANUARY 29, 2023

Companies are therefore looking for ways to produce their plans and forecasts in less time, with less effort and with better results, because in a volatile market environment characterized by crises, there can no longer be “business as usual”, even in corporate planning. This also increasingly applies to forecasts and simulations.

Forecasting 52

Forecasting Predictive Modeling Measurement Finance 52

Smarten

JUNE 19, 2019

Encourage Data Literacy and Achieve Results with Assisted Predictive Modeling! If you want to include predictive analytics and forecasting in your planning process, there are numerous analytical techniques and algorithms at your disposal. In short, augmented analytics learning does not have to include years of study.

Predictive Analytics 53

Predictive Analytics Analytics Predictive Modeling Forecasting 53

IBM Big Data Hub

APRIL 28, 2022

To truly understand the data fabric’s value, let’s look at a retail supply chain use case where a data scientist wants to predict product back orders so that they can maintain optimal inventory levels and prevent customer churn. How does a data fabric impact the bottom line?

Data Warehouse 77

Data Warehouse Metadata Forecasting Predictive Modeling 77