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What is data analytics? Analyzing and managing data for decisions

CIO

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). Data analytics vs. business analytics.

Analytics 327
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Forget the Rules, Listen to the Data

Hu's Place - HitachiVantara

DataOps is required to engineer and prepare the data so that the machine learning algorithms can be efficient and effective. A 2016 CyberSource report claimed that over 90% of online fraud detection platforms use transaction rules to detect suspicious transactions which are then directed to a human for review.

Data 90
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The Ethics of AI Comes Down to Conscious Decisions

Cloudera

Social media platforms have struggled with this. It’s an issue with social media, as users accustomed to sharing whatever content they wanted suddenly were restricted by algorithmic rules. . Social media platforms are grappling with something newspaper publishers figured out long ago: Self-censorship is your friend.

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Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

A single comment in social media can have a tremendous impact, so traditional methods are not always effective. Analytics software can analyze the flow of goods to make recommendations on the optimal allocation of products and the most efficient routes to pick them. Assemble the data team. Quality management.

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Technology Trends for 2023

O'Reilly Media - Ideas

This year’s report on the O’Reilly learning platform takes a detailed look at how our customers used the platform. Methodology This report is based on our internal “units viewed” metric, which is a single metric across all the media types included in our platform: ebooks, of course, but also videos and live training courses.

Trends 136
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Data Virtualization: Process, Components, Benefits, and Available Tools

Altexsoft

Nowadays, all organizations need real-time data to make instant business decisions and bring value to their customers faster. But this data is all over the place: It lives in the cloud, on social media platforms, in operational systems, and on websites, to name a few. Self-service capabilities for all business users.