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What is Analytics?

Analytics, is described as: “[An] encompassing and multidimensional field that uses mathematics, statistics, predictive modeling and machine-learning techniques to find meaningful patterns and knowledge in recorded data.” Analytics uses the scientific method where an analyst makes hypotheses and uses the analytics tools to test their premises. Analytics is often broken down into three components: Descriptive […]

What is Artificial Intelligence (AI)?

According to the SAS Institute: “Artificial intelligence (AI) makes it possible for machines to learn from experience, adjust to new inputs and perform human-like tasks. Most AI examples that you hear about today – from chess-playing computers to self-driving cars – rely heavily on deep learning and natural language processing. Using these technologies, computers can […]

What is Augmented Analytics?

Augmented Analytics combines sophisticated Machine Learning (ML) and Natural Language Processing (NLP) to enable users to extract intelligence more quickly and simply. In addition, this kind of automation guides the user toward new insights, through built-in trend pattern recognition and pattern recognition tools. Augmented Analytics share the following characteristics: Smart Data Discovery tools assisting business […]

What is Big Data?

Big Data refers to extremely large data sets of varying types of data – structured, unstructured, and semi-structured – that can be collected, stored, and later analyzed to provide insights for organizations. Big Data’s promise depends on how the data is managed. In the past data was organized in relational models, sometimes within data warehouses, […]

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