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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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The Role of Predictive Analytics in Forecasting using Business Intelligence

Smart Data Collective

Predictive analytics is having a huge impact on the world of business. Forecasting is an essential part of any business’ growth. Thanks to advancements in predictive analytics, companies are being […] As a result, global companies are projected to spend over $28.1 billion on it in 2026.

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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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Re-Visualizing Business Intelligence, now let’s chat!

ElegantJ BI

Since it is the prerogative of a consultant to question and modify predominant jargon, I am hatting (yes, this too is an English word) …I am hatting myself in the hat of a consultant this morning, and I am questioning the application of the term “ Business Intelligence.” This was early predictive or was it?

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Why Invest in Business Intelligence Tools for Better Decisions?

BizAcuity

And while Big Data is often seen as a buzzword, for many businesses, it’s a real challenge—how do you sift through mountains of data and make sense of it all? That’s where Business Intelligence (BI) tools come in. And yet, most businesses are still trying to figure out how to process all of this data in a way that makes sense.

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Predictive Analytics Use Case: Predictive Analytics Using External Data!

ElegantJ BI

Your business can leverage Assisted Predictive Modeling and Predictive Analytics to integrate and analyze internal and external data and identify key issues, risks, opportunities, scheduling and seasonal issues and resource management.