“Self-Service Analytics is great because it empowers business people,” said Frank Moreno, VP of Worldwide Marketing at Datawatch. But as the trend has taken off, so have disconnected data silos that create challenges in understanding Data Provenance, modifications, and currency. So, as business users worked with reporting or visualization tools such as Tableau, there often […]
Embracing AI: Why Artificial Intelligence is the Next Evolution in Analytics
Click to learn more about author Kimberly Nevala. Descriptive. Predictive. Prescriptive. Perceptive? Artificial Intelligence (AI) provides exciting new opportunities for exploiting data and information. But is AI a revolution or natural evolution of existing BI/Analytics use cases? Certainly some of the core techniques that power AI (advanced Machine Learning and Deep Learning in particular) represent […]
What Is Analytics?
Analytics uses the scientific method where an analyst makes hypotheses and uses the analytics tools to test their premises. 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 is often broken down into three components: Descriptive […]
Datawatch Acquires Data Science Platform Leader Angoss Software
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 […]
Big Data Trends for 2018
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 […]
What Is Prescriptive Analytics?
Prescriptive analytics uses outcomes and scenarios to answer the question “What should we do to make things happen?” It takes predictive analytics a step further to define actions that will affect outcomes, rather than just predicting the outcomes from actions that have occurred. Prescriptive analytics shows the implication of various decisions to anticipate what, when, […]
Automation, Prescriptive Analytics Highlight Quantzig’s List of Top Data Technology Trends
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 […]
DI&A Webinar: Descriptive, Prescriptive, and Predictive Analytics
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 […]
DI&A Slides: Descriptive, Prescriptive, and Predictive Analytics
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 […]
Mar 2 DI&A Webinar: Descriptive, Prescriptive, and Predictive Analytics
DATE: March 2, 2017 This webinar has passed. The recording is available On Demand. TIME: 2 PM Eastern / 11 AM Pacific PRICE: Free to all attendees 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 […]