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What is data analytics? Analyzing and managing data for decisions

CIO

In business analytics, this is the purview of business intelligence (BI). Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance. In business, predictive analytics uses machine learning, business rules, and algorithms.

Analytics 315
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Personalized Insurance: Auto and Telematics, Health, and Other Success Stories

Altexsoft

In today’s society, insurers can no longer ignore the mounting expectations of customers. Clients now expect insurers to provide different levels of personalization that are fast, adaptable, and up to date. Is personalized insurance really the future of insurance? What is personalized insurance, and why is it important?

Insiders

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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

Budget 363
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Accenture’s Smart Data Transition Toolkit Now Available for Cloudera Data Platform

Cloudera

Today, modern data warehousing has evolved to meet the intensive demands of the newest analytics required for a business to be data driven. Traditional data warehouse vendors may have maturity in data storage, modeling, and high-performance analysis. Business Problem & Background.

Data 81
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Apiumhub among top IT industry leaders in Code Europe event

Apiumhub

Gema Parreño Piqueras – Lead Data Science @Apiumhub Gema Parreno is currently a Lead Data Scientist at Apiumhub, passionate about machine learning and video games, with three years of experience at BBVA and later at Google in ML Prototype. Twitter: [link] Linkedin: [link]. Twitter: [link] Linkedin: [link].

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Data Collection for Machine Learning: Steps, Methods, and Best Practices

Altexsoft

While today’s world abounds with data, gathering valuable information presents a lot of organizational and technical challenges, which we are going to address in this article. We’ll particularly explore data collection approaches and tools for analytics and machine learning projects. What is data collection?

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Fleet Maintenance Software: Technology Behind Preventive and Predictive Vehicle Servicing

Altexsoft

Such an approach requires a great deal of investment since a whole ecosystem has to be created, including IoT sensors installation, acquiring specialized software, creating and maintaining machine learning (ML) models, engaging IT and data science specialists , and so on.