datapine

NOVEMBER 27, 2019

Hotels try to predict the number of guests they can expect on any given night in order to adjust prices to maximize occupancy and increase revenue. The predictive models, in practice, use mathematical models to predict future happenings, in other words, forecast engines.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Smarten

JANUARY 3, 2020

Assisted Predictive Modeling Delivers Predictive Analytics to Business Users! When we use terms like ‘predictive analytics’, it sometimes puts off the general business population. While predictive analytics techniques and predictive modeling does include complicated algorithms.

Predictive Modeling 52

Predictive Modeling Modeling Predictive Analytics Forecasting 52

Rocket-Powered Data Science

JULY 6, 2021

MLOps takes the modeling, algorithms, and data wrangling out of the experimental “one off” phase and moves the best models into deployment and sustained operational phase. MLOps “done right” addresses sustainable model operations, explainability, trust, versioning, reproducibility, training updates, and governance (i.e.,

Machine Learning 279

Machine Learning Data-driven Deep Learning IoT 279

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. Financial services: Develop credit risk models. from 2022 to 2028.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Smarten

NOVEMBER 6, 2018

This video demonstrated Self-Service Data Preparation and Assisted predictive modeling using practical data which combines data from within the organisation and data from external sources to make effective prediction and analysis. This video focuses on consumer products used in the building industry.

Predictive Modeling 40

Predictive Modeling Sales Modeling Analytics 40

Smarten

JULY 9, 2018

Create Citizen Data Scientists with Assisted Predictive Modeling! You need Assisted Predictive Modeling (Plug n’ Play Predictive Analysis with auto-suggestions and recommendations). The Plug and Play Predictive Analytics and predictive modeling platform is suitable for business users.

Predictive Modeling 40

Predictive Modeling Modeling Predictive Analytics ROI 40

Smarten

NOVEMBER 6, 2018

This video looks at a scenario where data on workforce comprising of education, years with the organisation, number of wholesale stockiest managed by the individual, CAGR in sales for individual and value of sales is analysed to determine which factor impacts the sales and to what extent.

Sales 40

Sales Predictive Modeling Modeling Strategy 40

datapine

MARCH 25, 2022

While some experts try to underline that BA focuses, also, on predictive modeling and advanced statistics to evaluate what will happen in the future, BI is more focused on the present moment of data, making the decision based on current insights. Now, BA can help you understand why did sales spike specifically in New York.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Smarten

JANUARY 15, 2019

How Can I Leverage Assisted Predictive Modeling to Benefit My Business? Some people hear the term ‘assisted predictive modeling’ and their eyes cross. Explore Assisted Predictive Modeling and find out how it can benefit your organization. Nothing could be further from the truth.

Predictive Modeling 40

Predictive Modeling Modeling Forecasting Predictive Analytics 40

Smarten

MARCH 31, 2019

There are a myriad of predictive analytics techniques and predictive modeling algorithms and you can’t expect your business users to understand and use them. Business users need Assisted Predictive Modeling that can make suggestions on which algorithms and techniques to use for a certain type of data.

Predictive Modeling 40

Predictive Modeling Modeling Predictive Analytics Forecasting 40

Smarten

SEPTEMBER 14, 2018

Just Simple, Assisted Predictive Modeling for Every Business User! You can’t get a business loan, join with a business partner, successfully bid on a project, open a new location, hire the right employees or plan for the future without predictive analytics. No Guesswork!

Predictive Modeling 40

Predictive Modeling Business Analytics Modeling Analytics 40

Rocket-Powered Data Science

FEBRUARY 12, 2021

Interest in AI is high and growing, specifically in the areas of smart analytics, customer-centricity, chatbots, and predictive modeling. Top use cases in the front office include customer records management (including account updates), customer service (request handling and call center support), and sales order processing.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

DataKitchen

SEPTEMBER 21, 2023

Moreover, advanced metrics like Percentage Regional Sales Growth can provide nuanced insights into business performance. Data in Use pertains explicitly to how data is actively employed in business intelligence tools, predictive models, visualization platforms, and even during export or reverse ETL processes.

Testing 169

Testing Data Quality Predictive Modeling Metrics 169

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

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

DataRobot Blog

DECEMBER 15, 2022

Working from datasets you already have, a Time Series Forecasting model can help you better understand seasonality and cyclical behavior and make future-facing decisions, such as reducing inventory or staff planning. For example, just to forecast sales on a shirt with five different sizes in five different colors gives you 25 combinations.

Forecasting 81

Forecasting Modeling ROI Machine Learning 81

Juice Analytics

APRIL 21, 2021

There are many choices: Dashboards Reports Self-service BI tools Predictive models One-off analyses using slides Spreadsheet models It is a confusing array of ways to deliver data to these data consumers. How much will the raw data be enhanced with analysis, modeling, and pre-digested insights?

Advertising 133

Advertising Data-driven Dashboards Predictive Modeling 133

Smarten

JULY 23, 2019

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. Predictive Modeling allows users to test theories and hypotheses and develop the best strategy.

Modeling 64

Modeling Predictive Analytics Predictive Modeling IT 64

datapine

JANUARY 31, 2022

That is precious insight for the sales team who can look into the data in real-time and understand what the leverages beneath it are. A simple example is: if there are many low-cost seats still available for an upcoming game, the sales team can send a customized email offer to local students. The results?

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

DataRobot Blog

JULY 5, 2022

Cleaned and enriched geospatial data combined with geostatistical feature engineering provides substantial positive impact on a housing price prediction model’s accuracy. The question we’ll be looking at is: What is the predicted sale price for a home sale listing? Utah Spatial Modeling Process. White Paper.

Recreation/Entertainment 103

Recreation/Entertainment Machine Learning Predictive Modeling Sales 103

CIO Business Intelligence

JUNE 7, 2022

Data analytics draws from a range of disciplines — including computer programming, mathematics, and statistics — to perform analysis on data in an effort to describe, predict, and improve performance. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deep learning.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

Smarten

NOVEMBER 6, 2018

This is a video of a presentation which outlines how a predictive analytics model can be set up for the sales department of a consumer product company. You can find other educational resources by browsing our Augmented Analytics Videos and Augmented Analytics Learning pages.

Predictive Modeling 40

Predictive Modeling Modeling Predictive Analytics Sales 40

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

Smarten

SEPTEMBER 30, 2024

Knowledgebase Articles Datasets & Cubes : Spark Sql : Split the dataset columns using Regex Dashboards Improve dashboard loading performance for dashboards with multiple objects Integration API : API Call to rebuild cubes / datasets Predictive Use cases Assisted predictive modelling : Classification : Machine Maintenance Using Smarten Assisted (..)

Predictive Modeling 69

Predictive Modeling Dashboards Sales Visualization 69

Smart Data Collective

SEPTEMBER 17, 2020

Financial and banking corporations are learning how to balance Big Data with their services to boost profits and sales. Big Data can efficiently enhance the ways firms utilize predictive models in the risk management discipline. Banks have improved their current data trends and automated routine tasks.

Big Data 145

Big Data Finance Risk Management Risk 145

Domino Data Lab

AUGUST 22, 2019

The excerpt covers how to create word vectors and utilize them as an input into a deep learning model. While the field of computational linguistics, or Natural Language Processing (NLP), has been around for decades, the increased interest in and use of deep learning models has also propelled applications of NLP forward within industry.

Deep Learning 111

Deep Learning Modeling Metrics Testing 111

Smarten

SEPTEMBER 6, 2024

Knowledgebase Articles Datasets & Cubes : Blend Append : Merge monthly plan data with actual daily sales data and create plan vs actual data Access Rights, Roles & Permissions : Password patterns and configurations in Smarten Dashboards : Dashboard Creation Best Practices Predictive Use cases Assisted predictive modelling : Classification : (..)

Predictive Modeling 64

Predictive Modeling Dashboards Sales Modeling 64

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 64

Predictive Analytics Prescriptive Analytics Predictive Modeling Analytics 64

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

The difference is in using advanced modeling and data management to make faster scenario planning possible, driven by actionable key performance measures that enable faster, well-informed decision cycles. A major practical benefit of using AI is putting predictive analytics within easy reach of any organization.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

CIO Business Intelligence

OCTOBER 4, 2022

They identified two architectural elements for processing and delivering data: the “data platform,” which covers the sourcing, ingestion, and storage of data sets, and the “machine learning (ML) system,” which trains and productizes predictive models using input data. Putting data in the hands of the people that need it.

Machine Learning 118

Machine Learning Data Architecture Uncertainty Data-driven 118

CIO Business Intelligence

JULY 17, 2023

Dickson, who joined the Wisconsin-based company in 2020, has launched PowerInsights, a homegrown digital platform that employs IoT and AI to deliver a geospatial visualization of Generac’s installed base of generators, as well as insights into sales opportunities.

IoT 98

IoT Manufacturing Digital Transformation Sales 98

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

Smart Data Collective

APRIL 10, 2020

As a result of a more personalized approach to marketing, you will be able to create a more loyal following for your brand, which will help make more sales in the long run and help you discover what most of your branding efforts should focus on. Cut Costs & Improve Efficiency.

Big Data 145

Big Data Cost-Benefit Metrics Marketing 145

Rocket-Powered Data Science

OCTOBER 6, 2023

Note how this simple mathematical expression of prescriptive analytics is exactly the opposite of our previous expression of predictive analytics (given X, find Y). Here are a few business examples of this type of prescriptive analytics: Which marketing campaign is most efficient and effective (has best ROI) in optimizing sales?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Statistics 157

Smarten

AUGUST 6, 2024

When they are given access to data analytics, they can merge their knowledge of an industry, e.g., research, healthcare, law, finance, sales, supply chain, production, construction etc., and other tools like Embedded BI , Mobile BI , Key Influencer Analytics , Sentiment Analysis , and Anomaly Alerts and Monitoring.

Predictive Modeling 64

Predictive Modeling Key Performance Indicator Data-driven Finance 64

Juice Analytics

MARCH 11, 2021

Predictive models to take descriptive data and attempt to tell the future. Is the sales team in place to understand the product, the target audience and establish the sales framework for pushing the product? She enhances data through predictive modeling and other advanced data analytics techniques.

Predictive Modeling 128

Predictive Modeling Visualization Reporting Interactive 128

Smarten

MAY 14, 2019

If a business wishes to optimize inventory, production and supply, it must have a comprehensive demand planning process; one that can forecast for customer segment growth, seasonality, planned product discounting or sales, bundling of products, etc. Learn More: Demand Planning. Customer Targeting. Product and Service Cross-Sell and Upsell.

Predictive Analytics 58

Predictive Analytics Analytics Predictive Modeling Forecasting 58