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Datawatch Acquires Data Science Platform Leader Angoss Software

By   /  February 1, 2018  /  BI / Data Science News, BI / Data Science News, Articles, & Education, Data Daily | Data News, Data Education, Education Resources For Use & Management of Data  /  No Comments

by Angela Guess According to a new press release, “Datawatch Corporation, the data intelligence provider with market leading enterprise data preparation, predictive analytics, and visualization solutions, today announced that it has acquired Angoss Software Corporation, a privately-held data science platform provider based in Toronto, Canada.  The acquisition will augment Datawatch’s Monarch data intelligence offering with […]

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Big Data Trends for 2018

By   /  November 28, 2017  /  BI / Data Science Articles, BI / Data Science News, Articles, & Education, Big Data Articles, Big Data News, Articles, & Education, Data Architecture Articles, Data Architecture News, Articles, & Education, Data Articles | Data Science, Business Intelligence, & More, Data Education, Education Resources For Use & Management of Data, Smart Data Articles, Smart Data News, Articles, & Education  /  No Comments

The expansion of the Internet of Things (IoT) has added innumerable new sources of Big Data into the Data Management landscape and will be one of the major Big Data Trends in 2018 and beyond. Laptops, smart phones, sensors on machines, all generate huge amounts of data for the IoT. Organizations that are flexible enough […]

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Fundamentals of Prescriptive Analytics

By   /  November 14, 2017  /  BI / Data Science Articles, BI / Data Science News, Articles, & Education, Big Data Articles, Big Data News, Articles, & Education, Data Articles | Data Science, Business Intelligence, & More, Data Education, Education Resources For Use & Management of Data  /  No Comments

Prescriptive Analytics seeks to find the best course of action, based on past records, for the future. In a way, Prescriptive Analytics combines elements from both Descriptive Analytics and Predictive Analytics to arrive at actual solutions. The increased preoccupation with everything “data” was a natural outcome of the mainstreaming of the theory of probability, which had hitherto […]

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What is Business Intelligence?

By   /  November 13, 2017  /  BI / Data Science News, Articles, & Education, Data Education, What is...?  /  No Comments

Business Intelligence (BI) includes the technologies and tools used to analyze and report on different business operations. Business Intelligence uses raw data stored in varying Data Warehouses, Data Marts, Data Lakes, and other storage platforms, and transforms it into actionable knowledge/information assets. Such elements include dashboards, spreadsheets, data visualizations, reports, and many others. “In its […]

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Fundamentals of Predictive Analytics

By   /  October 5, 2017  /  BI / Data Science Articles, BI / Data Science News, Articles, & Education, Big Data Articles, Big Data News, Articles, & Education, Data Articles | Data Science, Business Intelligence, & More, Data Education, Education Resources For Use & Management of Data  /  No Comments

Predictive Analytics is a sub-filed of Data Analytics and Business Intelligence, which deals with an in-depth analysis of past events and forecasts of future events. This specialized branch of Data Analytics combines the power of Data Mining, Data Modeling, Artificial Intelligence, and Machine Learning to make probabilistic predictions of future events. So, Predictive Analytics (PA) relies […]

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A Brief History of Business Intelligence

By   /  September 14, 2017  /  BI / Data Science Articles, BI / Data Science News, Articles, & Education, Big Data Articles, Big Data News, Articles, & Education, Data Articles | Data Science, Business Intelligence, & More, Data Education, Education Resources For Use & Management of Data, Enterprise Information Management, Information Management Articles  /  No Comments

In 1865, Richard Millar Devens presented the phrase “Business Intelligence” (BI) in the Cyclopædia of Commercial and Business Anecdotes. He was using 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 […]

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Fundamentals of Descriptive Analytics

By   /  July 6, 2017  /  BI / Data Science Articles, BI / Data Science News, Articles, & Education, Big Data Articles, Big Data News, Articles, & Education, Data Articles | Data Science, Business Intelligence, & More, Data Education, Education Resources For Use & Management of Data, Smart Data Articles, Smart Data News, Articles, & Education  /  No Comments

Descriptive Analytics, the conventional form of Business Intelligence and data analysis, seeks to provide a depiction or “summary view” of facts and figures in an understandable format, to either inform or prepare data for further analysis. It uses two primary techniques, namely data aggregation and data mining to report past events. It presents past data […]

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Automation, Prescriptive Analytics Highlight Quantzig’s List of Top Data Technology Trends

By   /  April 10, 2017  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education, Data Strategy News, Data Strategy News, Articles, & Education, Education Resources For Use & Management of Data  /  No Comments

by Angela Guess According to a recent press release, “As companies and individuals continue to embrace big data and data analytics, and as advanced analytics services become more commonplace, new tools and trends are emerging. Many of these new innovations involve machine learning, which also has the potential to improve existing data technologies and analytics […]

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DI&A Webinar: Descriptive, Prescriptive, and Predictive Analytics

By   /  March 6, 2017  /  BI / Data Science News, Articles, & Education, BI / Data Science Webinars, Conference and Webinar Communities, Data Education, Data Insights & Analytics Community, Data Insights & Analytics Webinars On Demand, Data Webinars | On Demand Presentations, Education Resources For Use & Management of Data, Webinar Communities For the Data Industry, Webinars  /  No Comments

  To view just the slides from this presentation, click HERE>> About the Webinar Data analysis can be divided into descriptive, prescriptive and predictive analytics. Descriptive analytics aims to help uncover valuable insight from the data being analyzed. Prescriptive analytics suggests conclusions or actions that may be taken based on the analysis. Predictive analytics focuses […]

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DI&A Slides: Descriptive, Prescriptive, and Predictive Analytics

By   /  March 6, 2017  /  BI / Data Science News, Articles, & Education, BI / Data Science Slide Presentations, Conference and Webinar Communities, Data Education, Data Insights & Analytics Community, Data Management Slide Presentations, Education Resources For Use & Management of Data, Webinar Communities For the Data Industry  /  No Comments

DI&A Slides: Descriptive, Prescriptive, and Predictive Analytics from DATAVERSITY To view the On Demand presentation, click HERE>> About the Webinar Data analysis can be divided into descriptive, prescriptive and predictive analytics. Descriptive analytics aims to help uncover valuable insight from the data being analyzed. Prescriptive analytics suggests conclusions or actions that may be taken based […]

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