IBM Big Data Hub

SEPTEMBER 19, 2023

Overview: Data science vs data analytics Think of data science as the overarching umbrella that covers a wide range of tasks performed to find patterns in large datasets, structure data for use, train machine learning models and develop artificial intelligence (AI) applications.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

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.’ Forecasting. Access to Flexible, Intuitive Predictive Modeling. Competitive Changes. Market Changes.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

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

CIO Business Intelligence

FEBRUARY 16, 2023

All they would have to do is just build their model and run with it,” he says. 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

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Data Warehouse 105

Smart Data Collective

OCTOBER 14, 2019

Gartner estimates a retail IT spend forecast of $210.9 Apache Hadoop develops open-source software and lets developers process large amounts of data across different computers by using simple models. They can use predictive, descriptive and prescriptive analytics to help CSCOs turn metrics into insights for better decision-making.

Big Data 80

Big Data Software Data mining Prescriptive Analytics 80

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? It’s simple!

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

AWS Big Data

MARCH 26, 2024

Unified customer profile Graph databases excel in modeling customer interactions and relationships, offering a comprehensive view of the customer journey. Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics. QuickSight offers scalable, serverless visualization capabilities.

Data Strategy 94

Data Strategy Strategy Data Warehouse Prescriptive Analytics 94

Domino Data Lab

JUNE 2, 2019

We had data science leaders presenting about lessons learned while leading data science teams, covering key aspects including scalability, being model-driven, being model-informed, and how to shape the company culture effectively. Data science leadership: importance of being model-driven and model-informed.

Data Science 110

Data Science Data-driven Machine Learning Modeling 110

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. The aim of predictive analytics is, as the name suggests, to predict and forecast outcomes. AI in Finance.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Cloudera

MARCH 2, 2018

Banking, transportation, healthcare, retail, and real estate, all have seen the emergence of new business models fundamentally changing how customers use their services. The model integrates and analyses hundreds of data elements. The model has been shown to be effective in preventing the screening-out of at-risk children.

Data-driven 44

Data-driven Prescriptive Analytics Machine Learning Descriptive Analytics 44

IBM Big Data Hub

JULY 6, 2023

Areas making up the data science field include mining, statistics, data analytics, data modeling, machine learning modeling and programming. Because data analysts often build machine learning models, programming and AI knowledge are also valuable. Deep learning algorithms are neural networks modeled after the human brain.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

FineReport

APRIL 26, 2023

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 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

Alation

MARCH 21, 2023

As an industry with tight margins, travel and tourism companies can use analytics to detect trends that help them reduce costs, decide future product and service offerings, and develop successful business strategies. They may also suffer from data duplication, which undermines their analytics models.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

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

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. The commercial use of predictive analytics is a relatively new thing.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

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

Smarten

JULY 30, 2024

Assisted Predictive Modeling Enables Business Users to Predict Results with Easy-to-Use Tools! Gartner predicted that, ‘75% of organizations will have deployed multiple data hubs to drive mission-critical data and analytics sharing and governance.’

Predictive Analytics 62

Predictive Analytics Prescriptive Analytics Predictive Modeling Analytics 62

Andrew White

JANUARY 11, 2021

Where does the Data Architect role fits in the Operational Model ? Assuming a data architect helps model and guide and assist D&A then they play a key role. Decision modeling (one of my favorites). Explore in dialogue decisions and outcomes rather than focus on data and analytics asked for. Try some gamification?

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. Pricing model: The pricing scale is dependent on several factors.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52