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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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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. And we’re empowering users with a rich, industry-centric data platform and no-code tools to create purpose-built data pipelines to help solve specific challenges.”

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

CIO

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. Decision support systems vs. business intelligence DSS and business intelligence (BI) are often conflated. Data-driven DSS.

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Sport analytics leverage AI and ML to improve the game

CIO

Improving player safety in the NFL The NFL is leveraging AI and predictive analytics to improve player safety. With 112,000 reports in the system and 8 million bits of information, it’s a huge amount of information for 42 clubs.” It also pulls data from practices, for a total of more than 500 million data points.

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Impressive Ways that AI Improves Business Analytics Insights

Smart Data Collective

AI is undoubtedly a gamechanger for business intelligence. This means feeding the machine with vast amounts of data, from structured to unstructured data, which will help the device learn how to think, process information, and act like humans. Benefits of AI-driven business analytics. AI and machine learning.

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