One of the hottest fields today is data science. With so many buzzwords and terms around the fields of business and data analytics, data science, business intelligence, performance management, machine learning, and artificial intelligence, it’s possible to spend a lot of time and energy trying to work out how everything fits together. The easiest way to try and understand these overlapping fields is by envisioning business...

Cloud Based Business Analytics According to the research firm Gartner, the business analytics market is about $14 billion, dominated by big technology corporations like IBM, Microsoft, Oracle, SAP, and the SAS Institute. This is largely due to the high demand for products that have the ability to analyze huge amounts of data. This is illustrated in a recent Boston University report on business leaders, stating that data analysis is...

In an unstable economy, manufacturers need to respond to economic challenges and market tendencies by ensuring that their organization runs at optimal efficiency. Also, with increased consumer demand for eco-friendly and sustainable products, companies and operators are continually refining internal operations. In order to do this, the company needs a thorough understanding of how it operates relative to the company’s own historical...

Investment in Business Intelligence (BI) ventures continues to be a main focus for companies, and developing fields like predictive analytics are growing rapidly. Businesses are looking to utilize their ever-expanding data resources, in order to deduce market trends more competently, enhance product superiority, and gain ground on the competition. Traditional BI solutions use ad hoc query, reporting tools and dashboards to look at...