Click to learn more about author Kartik Patel. Assisted predictive modeling incorporates complex, sophisticated analytical and forecasting techniques in a self-serve environment where business users can employ tools to guide them through recommended techniques and report formats and ensure that the methods and reports they choose are appropriate to the type of data and information they […]
Four Technology Trends That Will Shape Data Analytics in 2021
Click to learn more about author Sam Mahalingam. The profile of data analytics has never been higher. Faced with the unprecedented challenges of COVID-19, governments around the world are typically relying on advanced statistical modeling to make sense of a barrage of constantly changing metrics. Data scientists are playing a critical role, advising decision-makers as […]
What Is Data Discovery?
Data discovery describes processes in understanding data sets on hand for data integration and/or data analysis. This step occurs in design and should combine technical search from tools with subject matter expertise, from people. During data discovery, a high-level view is taken in assessing data preparation, or data quality needs. Data discovery can be broken […]
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 […]
Self-Service Analytics Use Cases
Self-service analytics offers dynamic reports to business users, who can analyze the data by sophisticated, in-built functions. This kind of user empowerment reduces reliance on IT staff. Moreover, self-service business intelligence (BI) capability may additionally equip users with external data access and built-in features to instantly generate finished reports. To use a complete range of […]
How Can My Business Make the Most Out of Analytical Resources and Skills?
Click to learn more about author Kartik Patel. Advanced Analytics is the new frontier of competition and business success. While some businesses have the luxury of employing data scientists and professional analysts to help them sift through and analyze data, others do not have the budget or the structure to support these roles and, even those […]
Emerging Artificial Intelligence and Machine Learning Trends
“2020 Is An Important Year For AI Adoption.” I was not surprised when I read this news headline. AI and machine learning markets are already growing at a fast pace. According to a recent report by IDC, the global spending for AI systems will be around $97.9 billion in the year 2023. This year alone […]
Business Intelligence and Analytics Trends in 2020
The general pattern of technology upgrades in Enterprise Analytics & Business Intelligence that occurred in 2019 signaled the emergence of some specific types of analytics: smart, real-time, augmented, and conversational. These trends will continue growing well into 2020 and beyond. Also included in that list are: Smart devices and multi-channel data will require smart analytics […]
Data Science Trends in 2020
The exponential growth of data, partly generated by sensor-driven devices, is making Data Science and machine learning (ML) market differentiators in global business-analytics solutions. With the rising demand in Data Science and ML skills, 2020 may well be a witness to several new trends in the field. According to IDC: “[I]f our digital universe or […]
Big Data Trends in 2020
In 2019, automation frameworks designed to process big data made it much easier to go from the start of a new analytics project to the production phase. Additionally, per the requirements of GDPR, many more businesses now have Chief Protection Officers (and likely Chief Data Officers), which has, in turn, resulted in their shifting from […]