Rocket-Powered Data Science

JULY 14, 2023

The criticality of these synergies becomes obvious when we recognize analytics as the products (the outputs and deliverables) of the data science and machine learning activities that are applied to enterprise data (the inputs). These may not be high risk. They might actually be high-reward discoveries.

Analytics 166

Analytics Internet of Things Data Science Prescriptive Analytics 166

Cloudera

AUGUST 25, 2020

Thank you for joining us for part two of our discussion around data, analytics and machine learning within the Financial Service Sector Dr. Harmon. One of the key takeaways from recent times that should be considered into the future, is that banks need to rethink how they look at tail risk or extreme events that rarely happen.

Prescriptive Analytics 74

Prescriptive Analytics Technology Machine Learning Risk 74

IBM Big Data Hub

JULY 6, 2023

While data science and machine learning are related, they are very different fields. In a nutshell, data science brings structure to big data while machine learning focuses on learning from the data itself. What is machine learning? This post will dive deeper into the nuances of each field.

Machine Learning 54

Machine Learning Data Science Statistics Deep Learning 54

Cloudera

JULY 18, 2018

It is fair to say that healthcare faces many challenges, including developing, deploying, and integrating machine learning and artificial intelligence (AI) into clinical workflow and care delivery. Together in tandem with MetiStream, a healthcare analytics software company, Cloudera addresses many of these challenges.

Machine Learning 51

Machine Learning Predictive Analytics Analytics Prescriptive Analytics 51

Domino Data Lab

JUNE 2, 2019

Secondly, I talked backstage with Michelle, who got into the field by working on machine learning projects, though recently she led data infrastructure supporting data science teams. Just doing machine learning is not enough, and sometimes not even necessary.”. First off, her slides are fantastic! Nick Elprin.

Data Science 110

Data Science Data-driven Machine Learning Modeling 110

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.’ Competitive Changes. Market Changes. Trends and Patterns. Service Cross-Selling and Upselling. Quality Control.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

Sisense

JUNE 30, 2020

When BI and analytics users want to see analytics results, and learn from them quickly, they rely on data visualizations. Broadly, there are three types of analytics: descriptive , prescriptive , and predictive. And the data is as granular as the patient lists at individual family doctors’ surgeries.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

Cloudera

MARCH 2, 2018

The private sector already very successfully uses data analytics and machine learning not only to realise efficiency gains but also – even more importantly – to create completely new services and business models. Identify those most at risk or most affected by a problem more accurately by using predictive analytics.

Data-driven 43

Data-driven Prescriptive Analytics Machine Learning Descriptive Analytics 43

BizAcuity

MARCH 31, 2022

85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: 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.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

AWS Big Data

MARCH 26, 2024

This can be achieved using AWS Entity Resolution , which enables using rules and machine learning (ML) techniques to match records and resolve identities. Plan on how you can enable your teams to use ML to move from descriptive to prescriptive analytics.

Data Strategy 102

Data Strategy Strategy Data Warehouse Prescriptive Analytics 102

DataRobot Blog

MARCH 15, 2022

Integrating and aligning data across organizations (acute, primary, mental health, social care, and third sector) can be challenging, but is essential to enable forward-looking population health management, strengthen risk stratification, and support the redesign of care pathways.

Prescriptive Analytics 52

Prescriptive Analytics Digital Transformation Data-driven Machine Learning 52

Alation

MARCH 21, 2023

What’s more, many companies struggle with rigid legacy technologies that increase the risk of a data breach. Otherwise, they risk a data privacy violation. How is data analytics used in the travel industry? Regulatory compliance Additionally, this PII is often highly regulated.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 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 Sales 52

Alation

AUGUST 26, 2021

Privacy, Risk and Compliance. For this reason, data intelligence software has increasingly leveraged artificial intelligence and machine learning (AI and ML) to automate curation activities, which deliver trustworthy data to those who need it. Artificial Intelligence and Machine Learning (AI & ML) are forward-looking.

Metadata 64

Metadata Data Governance Dashboards Software 64

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.’ So, let’s get started. What is a Cititzen Data Scientist? Who is a Citizen Data Scientist?

Consulting 52

Consulting Cost-Benefit Data Science Business Intelligence 52

FineReport

APRIL 26, 2023

Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting. Prescriptive Analytics provides precise recommendations to respond to the query, “What should I do if ‘x’ occurs?”

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Andrew White

JANUARY 11, 2021

Some data is more a risk than valuable. What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? Risk Management (most likely within context of governance). Note: Delivery of data, analytics solutions and the sustainment of technology, data and services is a question.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

APRIL 9, 2025

The foundational tenet remains the same: Untrusted data is unusable data and the risks associated with making business-critical decisions are profound whether your organization plans to make them with AI or enterprise analytics. Like most, your enterprise business decision-makers very likely make decisions informed by analytics.

Enterprise 102

Enterprise Analytics Experimentation Statistics 102

Jet Global

MAY 1, 2023

Positioning Embedded Analytics for Each Executive Here are some tips on understanding executives’ priorities and getting them on board with the project. Show how embedded analytics will enhance sales and marketing through better demos and shorter sales cycles. It will help to eliminate some of the development risks.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

CIO Business Intelligence

MAY 5, 2025

Navigating the AI and machine learning journey will become an even bigger focus for IT leaders over the next year, according to three quarters of IT leader respondents. Outside of AI/ML, companies are directing more dollars to security and risk management technologies (34%) and data/business analytics (31%).

Digital Transformation 107

Digital Transformation Experimentation Strategy Prescriptive Analytics 107

CIO Business Intelligence

MAY 6, 2025

Predictive analytics: Turning insight into foresight Predictive analytics uses historical data and statistical models or machine learning algorithms to answer the question, What is likely to happen? This is where analytics begins to proactively impact decision-making. What will happen? What should we do?

Prescriptive Analytics 78

Prescriptive Analytics Predictive Analytics Descriptive Analytics ROI 78