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Predictive Analytics: 4 Primary Aspects of Predictive Analytics

Smart Data Collective

Predictive analytics, sometimes referred to as big data analytics, relies on aspects of data mining as well as algorithms to develop predictive models. These predictive models can be used by enterprise marketers to more effectively develop predictions of future user behaviors based on the sourced historical data.

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What is data analytics? Analyzing and managing data for decisions

CIO

Data analytics is a discipline focused on extracting insights from data. It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. In business analytics, this is the purview of business intelligence (BI).

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Get Ready For These Six 2020 Business Intelligence Trends

Smart Data Collective

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

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Huge Benefits of Business Intelligence for Your Company

Smart Data Collective

Introduction: What is Business Intelligence? Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. It can refer to predictive analytics or even “big data.” What are the Best Features in a Business Intelligence Program?

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Epicor announces Grow portfolio to weave AI into ERP

CIO

ERP vendor Epicor is introducing integrated artificial intelligence (AI) and business intelligence (BI) capabilities it calls the Grow portfolio. Epicor Grow FP&A offers embedded financial planning and analysis to enable easy, accurate, and thorough financial reporting.

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What are decision support systems? Sifting data for better business decisions

CIO

Decision support systems vs. business intelligence DSS and business intelligence (BI) are often conflated. Decision support systems are generally recognized as one element of business intelligence systems, along with data warehousing and data mining. Sensitivity analysis models. Document-driven DSS.

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Impressive Ways that AI Improves Business Analytics Insights

Smart Data Collective

In addition, several enterprises are using AI-enabled programs to get business analytics insights from volumes of complex data coming from various sources. AI is undoubtedly a gamechanger for business intelligence. The time spent on analysis can affect daily business decisions and strategic actions.

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