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.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Smart Data Collective

NOVEMBER 24, 2020

Prescriptive Analytics. BI software will gauge internal data on performance, sales and marketing, social media and other sources to build actionable recommendations for your business. This shows why self-service BI is on the rise. Using the information in making business predictions is not a new trend. Identify Opportunities.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

Sisense

JUNE 30, 2020

The primary objective of data visualization is to clearly communicate what the data says, help explain trends and statistics, and show patterns that would otherwise be impossible to see. Broadly, there are three types of analytics: descriptive , prescriptive , and predictive.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

Sisense

SEPTEMBER 12, 2019

A business intelligence strategy is a blueprint that enables businesses to measure their performance, find competitive advantages, and use data mining and statistics to steer the business towards success. . When working with customers we’ve found that a good place to start is with finance and sales data. Find a bottleneck in R&D?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

Jedox

JULY 31, 2018

Now, we will take a deeper look into AI, Machine learning and other trending technologies and the evolution of data analytics from descriptive to prescriptive. Analytic Evolution in Enterprise Performance Management. Predictive analytics is one aspect of advanced analytics that will be key in driving efficiency and innovation.

Technology 44

Technology Prescriptive Analytics Machine Learning Business Intelligence 44

Smarten

JANUARY 18, 2023

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.’

Key Performance Indicator 52

Key Performance Indicator Prescriptive Analytics Business Objectives Measurement 52

Smarten

FEBRUARY 27, 2020

The goal of enabling Citizen Data Scientists is to optimize business decisions and the time of data scientists so that business users can confidently leverage advanced analytics tools to make decisions and data scientists can focus on more critical, strategic activities.

Analytics 52

Analytics Prescriptive Analytics Statistics Reporting 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

Birst BI

OCTOBER 30, 2018

The foundation of predictive analytics is based on probabilities. To generate accurate probabilities of future behavior, predictive analytics combine historical data from any number of applications with statistical algorithms. Richard specializes in dashboards, predictive, and prescriptive analytics for the modern enterprise.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Sisense

JULY 22, 2020

There are many more things we can do to make analytics easier for everybody involved and get more people involved in analytics. The second is adoption — different statistics say that only about a third of an organization are actually using the analytics to make decisions.

Prescriptive Analytics 52

Prescriptive Analytics Dashboards Statistics Data-driven 52

Andrew White

JANUARY 11, 2021

But we are seeing increasing data suggesting that broad and bland data literacy programs, for example statistics certifying all employees of a firm, do not actually lead to the desired change. See: Tool: A Living Library of Real-World Data and Analytics Use Cases. We do have good examples and bad examples.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

Net sales of $386 billion in 2021 200 million Amazon Prime members worldwide Salesforce As the leader in sales tracking, Salesforce takes great advantage of the latest and greatest in analytics. Salesforce monitors the activity of a prospect through the sales funnel, from opportunity to lead to customer.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52