Metrics Prescriptive Analytics Statistics 
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? Prescriptive analytics: What do we need to do?
Rocket-Powered Data Science
JULY 19, 2023
I recently saw an informal online survey that asked users which types of data (tabular, text, images, or “other”) are being used in their organization’s analytics applications. This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative.
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Smart Data Collective
OCTOBER 14, 2019
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. Apache Spark. Spark is an in-memory database that’s a faster alternative to MapReduce.
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.
Sisense
AUGUST 11, 2019
Typically, this involves using statistical analysis and predictive modeling to establish trends, figuring out why things are happening, and making an educated guess about how things will pan out in the future. What About “Business Intelligence”? But on the whole, BI is more concerned with the whats and the hows than the whys.
Birst BI
OCTOBER 30, 2018
Descriptive analytics are useful because this method of analysis enables financial services companies to learn from past behaviors. Descriptive analytics techniques are often used to summarize important business metrics such as account balance growth, average claim amount and year-over-year trade volumes.
Smarten
FEBRUARY 16, 2023
Gartner says that a Citizen Data Scientist is “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.” This term has been around for some time and was popularized by Gartner.
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