Prescriptive analytics uses historical data to find the best course of action for the future. In a way, prescriptive analytics combines elements from both descriptive and predictive analytics to arrive at actual solutions. The increased preoccupation with everything “data” is now a mainstream trend. The analytics market is expected to reach $190 billion in 2023, growing […]
Data Fabric Use Cases
Data is expanding in volume, variety, and sources; therefore, so is the business need for trustworthy, accurate, and timely data for on-demand “competitive intelligence.” Data fabric use cases offer a long-range technological solution for handling the myriad challenges that come with such a complex data ecosystem. This “converged platform,” designed with a unique architecture and […]
ADV Webinar: Why Analytics Leaders Deploy Master Data Management
Download the slides here>> About the Webinar Master data is a key to digital transformation. All transformative projects require master data and usually many subject areas. What could you accomplish if cultivating customer, product, supplier, and other subjects didn’t have to be part of every project and could be accessed as a service? The […]
The Value of Data Analytics in the Health Care Industry
While the health care industry has lagged a bit behind other industries in adopting artificial intelligence (AI) and machine learning (ML) – and rightfully so, considering very valid security and safety concerns – its leaders have undergone a mindset shift, recognizing the value of technological innovations and data analytics. Since its implementation, data analytics has completely transformed health care, influencing […]
Automated Remediation Can Make Dashboards a Thing of the Past
A convergence of events – including the global pandemic, a shift to remote work, and increased use of the cloud – has accelerated companies’ digital transformations over the past few years and resulted in an ever-growing labyrinth of hybrid networks and endpoints. Digital transformations may have allowed companies to keep up – to a point […]
Will My Career Benefit from Becoming a Citizen Data Scientist?
As a team member within a business environment, you may be familiar with the term “citizen data scientist.” This term has been around for some time and was popularized by Gartner, which 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 […]
Webinar: A 5-Step Plan for a Successful Analytics Catalog
Download the slides here>> This webinar is sponsored by: About the Webinar An Analytics Catalog must fully address the needs of both content publishers and content consumers while satisfying the key BI Governance requirements of your organization. Watch this webinar for the 5-step plan for implementing a successful Analytics Catalog: 1. Understand scope of […]
Advanced Analytics Use Cases
In 2023, organizations that switch to advanced analytics will be better positioned to leverage new opportunities in their respective industries. Increasingly, with the use of automated data analytics, companies are turning to analytics systems and advanced analytics use cases for strategy transformation and digital strategy. Advanced analytics systems are gradually upgrading many companies, creating business […]
ADV Webinar: Competitive Analytic Architectures – Comparing the Data Mesh, Data Fabric, Data Lakehouse, and Data Cloud
Download the slides here>> This webinar is sponsored by: About the Webinar In this webinar, we’ll look at some Data Architecture practices that have emerged in the past few years and are being consciously worked into many enterprise data programs. These are keepers and it will be required that we move towards them, so […]
A Brief History of Business Intelligence
In 1865, Richard Millar Devens presented the phrase “Business Intelligence” (BI) in the “Cyclopædia of Commercial and Business Anecdotes.” He used it to describe how Sir Henry Furnese, a banker, profited from information by gathering and acting on it before his competition. More recently, in 1958, an article was written by an IBM computer scientist […]