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 Statistics 157

CIO Business Intelligence

APRIL 9, 2025

In Prioritizing AI investments: Balancing short-term gains with long-term vision , I addressed the foundational role of data trust in crafting a viable AI investment strategy. The GenAI revolution in enterprise analytics In 2025, generative AI is profoundly reshaping the analytics landscape.

Enterprise 89

Enterprise Analytics Experimentation Statistics 89

BizAcuity

AUGUST 26, 2019

This is what makes the casino industry a great use case for prescriptive analytics technologies and applications. The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation.

Prescriptive Analytics 40

Prescriptive Analytics Analytics Descriptive Analytics Predictive Analytics 40

Sisense

SEPTEMBER 12, 2019

Every business needs a business intelligence strategy to take it forward. . As the Global Team Lead of BI Consultants at Sisense, I can say that the projects I’ve worked on where a BI strategy was involved, were more successful than projects without a strategy. But what is a BI strategy in today’s world?

Strategy 81

Strategy Dashboards Diagnostic Analytics Prescriptive Analytics 81

Rocket-Powered Data Science

JULY 19, 2023

Accompanying the massive growth in sensor data (from ubiquitous IoT devices, including location-based and time-based streaming data), there have emerged some special analytics products that are growing in significance, especially in the context of innovation and insights discovery from on-prem enterprise data sources.

Data-driven 188

Data-driven Enterprise Analytics Machine Learning 188

Rocket-Powered Data Science

JULY 14, 2023

Along with the massive growth in sensor data (including location-based and time-based streaming data), there have emerged some special analytics categories that are growing in significance.

Analytics 166

Analytics Internet of Things Data Science Prescriptive Analytics 166

Smart Data Collective

OCTOBER 13, 2021

Having visualization tools available has a positive impact on how companies serve their customers and solve their problems, and makes it possible to detect trends and develop strategies that better connect with those customers and potential customers. Prescriptive analytics. In improving operational processes.

Visualization 145

Visualization Cost-Benefit Big Data Prescriptive Analytics 145

Rocket-Powered Data Science

MARCH 10, 2020

Such a masterpiece is probably also a saga (the story of a journey), containing intrigues, strategies, and plots that move ingeniously, methodically, and economically (in three acts or less) toward some climactic ending (thus representing pathfinding ). Context may include time, location, related events, nearby entities, and more.

Metadata 250

Metadata Machine Learning Prescriptive Analytics ROI 250

AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 79

Data Strategy Strategy Data Warehouse Prescriptive Analytics 79

CIO Business Intelligence

MAY 28, 2022

There is also a great deal of volatility in the rankings, making it difficult to base long-term career or IT strategy decisions on one quarter’s numbers. Among them, only TensorFlow and SRE fell.). Over one-third of the noncertified skills surveyed changed in value over the quarter, 12.6% of them rising and 21% falling. of them downward.

IT 126

IT Prescriptive Analytics Deep Learning Big Data 126

BizAcuity

FEBRUARY 21, 2025

Marketing gaining precise insights into ROI, allowing them to optimize ad spend and refine campaign strategies With such integration, you can expect measurable improvements, as decisions are made based on a single, reliable source of truth rather than disconnected reports.

Dashboards 52

Dashboards Optimization Finance Sales 52

Cloudera

AUGUST 25, 2020

However, another type of analytics, called “prescriptive analytics”, involves simulation tools that look towards the future with a view of many potential scenarios. Prescriptive analytics provides decision-makers with thousands of potential future scenarios. To capture the importance of sequencing of events. .

Prescriptive Analytics 74

Prescriptive Analytics Technology Machine Learning Risk 74

IBM Big Data Hub

SEPTEMBER 19, 2023

How effectively and efficiently an organization can conduct data analytics is determined by its data strategy and data architecture , which allows an organization, its users and its applications to access different types of data regardless of where that data resides.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Smart Data Collective

NOVEMBER 24, 2020

Prescriptive Analytics. In the future of business intelligence, it will also be more common to break data-based forecasts into actionable steps to achieve the best strategy of business development. This shows why self-service BI is on the rise. Using the information in making business predictions is not a new trend.

Business Intelligence 134

Business Intelligence Visualization Dashboards Prescriptive Analytics 134

CIO Business Intelligence

MAY 26, 2022

There is also a great deal of volatility in the rankings, making it difficult to base long-term career or IT strategy decisions on one quarter’s numbers. Among them, only TensorFlow and SRE fell.). Over one-third of the noncertified skills surveyed changed in value over the quarter, 12.6% of them rising and 21% falling. of them downward.

IT 98

IT Prescriptive Analytics Deep Learning Big Data 98

CIO Business Intelligence

FEBRUARY 16, 2023

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 For that, he relied on a defensive and offensive metaphor for his data strategy. The offensive side?

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Data Warehouse 105

Sisense

JUNE 30, 2020

The simplest type, descriptive analytics , describes something that has already happened and suggests its root causes. Together, they play a vital role in the analysis and understanding of your data, and your ability to shape a successful future strategy for your organization using the insights that they reveal.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

BizAcuity

MARCH 31, 2022

AI Adoption and Data Strategy. Lack of a solid data strategy. In order to adopt AI solutions for your business, the best way forward is to first ensure that you have a strong data strategy in place. Data strategy allows you to build a roadmap to adopt AI. Worth a read if you are brainstorming on AI strategy.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Cloudera

FEBRUARY 4, 2019

Streaming Analytics – Analyze millions of streams of data in real-time using advanced techniques such as aggregations, time-based windowing, content-filtering etc., to generate key insights and actionable intelligence for predictive and prescriptive analytics.

IoT 73

IoT Prescriptive Analytics Internet of Things Digital Transformation 73

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

Sisense

AUGUST 11, 2019

BI lets you apply chosen metrics to potentially huge, unstructured datasets, and covers querying, data mining , online analytical processing ( OLAP ), and reporting as well as business performance monitoring, predictive and prescriptive analytics.

Business Intelligence 75

Business Intelligence Business Analytics Analytics OLAP 75

IBM Big Data Hub

SEPTEMBER 30, 2022

IBM is helping clients successfully navigate the age of the unexpected with IBM Business Analytics , an enterprise-grade, trusted, scalable and integrated analytics solution portfolio.

Business Analytics 52

Business Analytics Analytics Prescriptive Analytics Forecasting 52

Jet Global

OCTOBER 9, 2024

According to a recent Forbes article, “the prescriptive analytics software market is estimated to grow from approximately $415M in 2014 to $1.1B This agility allows companies to adjust strategies, deploy targeted campaigns, or capitalize on new market opportunities before competitors do.

Prescriptive Analytics 52

Prescriptive Analytics IoT Internet of Things Cost-Benefit 52

DataRobot Blog

MARCH 15, 2022

The main themes emerging from our conversations cover data integration, security and humility, strategy, and workforce development: Join siloed data together to create longitudinal, ready-to-analyze datasets. The push to predictive and prescriptive analytics requires strategy and C-Suite ownership.

Prescriptive Analytics 52

Prescriptive Analytics Digital Transformation Data-driven Machine Learning 52

IBM Big Data Hub

JANUARY 17, 2023

You can select a hybrid integration strategy that aligns with your organization’s business strategy to meet the needs of your data consumers wanting to access and utilize the data. With IBM’s data integration portfolio, you are not locked into just a single integration style. Start a trial. Data science and MLOps. Start a trial.

Data-driven 56

Data-driven Enterprise Data Governance Data Science 56

Sisense

OCTOBER 27, 2020

However, in order to truly digitally evolve, every company needs to start infusing data and analytics throughout the organization to streamline processes and decision-making. That’s where prescriptive analytics and assisted intelligence truly start changing how HR professionals do their jobs. has its own unique KPIs.

People Analytics 74

People Analytics Analytics Cost-Benefit Key Performance Indicator 74

Birst BI

OCTOBER 30, 2018

About the author: Richard Reynolds is a Senior Director of Product Strategy, focused on the Financial Services Industry, at Birst. Richard is a veteran of the BI industry, having worked with analytics and data warehousing solutions from Business Objects, SAS, Teradata and SAP.

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

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. Some companies struggle to optimize their data’s value and leverage analytics effectively.

Data Analytics 52

Data Analytics Analytics Data-driven Big Data 52

Alation

AUGUST 26, 2021

Data Governance and Data Strategy. Today, enlightened governance leaders are realizing that governance can service a data strategy that plays both offense and defense. Source: “What’s Your Data Strategy?” Businesses can adapt their strategy in real time to better anticipate needs and support customers.

Metadata 64

Metadata Data Governance Dashboards Software 64

Sisense

JULY 22, 2020

We have something called the Knowledge Graph that gathers all kinds of intelligence so we can give our customers smartness out of the box when we deliver our analytics, so what Guy and I collaborate on is on the under-the-hood side of where Sisense goes next. ” It’s a really good partnership that we have together.

Prescriptive Analytics 52

Prescriptive Analytics Dashboards Statistics Data-driven 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

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

Andrew White

JANUARY 11, 2021

Do you recommend a consulting approach strategy rather than a CDO strategy? How do you think Technology Business Management plays into this strategy? As such any Data and Analytics strategy needs to incorporate data sovereignty as per of its D&A governance program. I am sorry I don’t know what that is.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

MAY 1, 2023

You might price embedded analytics as an independent add-on, or you might upsell customers to a plan that includes analytics. Other money-making strategies include adding users in a per-seat structure or achieving price dominance in the market due. Explain how embedded analytics can deliver the capabilities customers need.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

CIO Business Intelligence

DECEMBER 19, 2024

As organizations struggle with the increasing volume, velocity, and complexity of data, having a comprehensive analytics and BI platform offers real solutions that address key challenges, such as data management and governance, predictive and prescriptive analytics, and democratization of insights.

Sales 122

Sales Analytics Key Performance Indicator Prescriptive Analytics 122

CIO Business Intelligence

FEBRUARY 13, 2025

Artificial intelligence (AI)-enabled systems are driving a new era of business transformation, revolutionizing industries through prescriptive analytics, personalized customer experiences and process automation. To ensure secure, transparent and compliant AI, organizations should adopt three foundational strategies: Governance.

Risk 116

Risk Data-driven Finance Risk Management 116