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Business Analytics tools & use cases

Apiumhub

More data is available to businesses than ever, which is why business analytics is a growing field. But how and why professionals use data to reach decisions varies depending on the industry. In this article we will discuss business analytics tools and use cases. “The What is Business Analytics?

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Arena raises money from Peter Thiel and David Petraeus for its decision-making AI

TechCrunch

and Noogata compete more directly with Arena, delivering tools designed to make predictions about metrics like customer lifetime value, churn and retention, sales and on-time deliveries. Unsupervised, Pecan.ai

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Top Data science books you should definitely read

Apiumhub

Learning data science through books will help you get a holistic view of Data Science as data science is not just about computing, it also includes mathematics, probability, statistics, programming, machine learning, and much more. Top Data science books you should definitely read.

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What is business intelligence? Transforming data into business insights

CIO

The potential use cases for BI extend beyond the typical business performance metrics of improved sales and reduced costs. BI vendors Tableau and G2 also offer concrete examples of how organizations might put business intelligence tools to use: A co-op organization could use BI to keep track of member acquisition and retention.

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Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

To support the planning process, predictive analytics and machine learning (ML) techniques can be implemented. We have previously described demand forecasting methods and the role of machine learning solutions in a dedicated article. Today, consumers’ preferences are changing momentarily and often chaotically.

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Predictive Analytics with Power BI: A Guide for CEOs for Encouraging Business Success

Sunflower Lab

Use Case: Demand Forecasting for Manufacturing Business Scenario: A manufacturing company needs to predict demand for its products to optimize production and inventory management. Power BI Solution: Using machine learning algorithms, Power BI analyzes historical sales data, market trends, and seasonal variations to forecast demand accurately.