Data Science Blog

JULY 23, 2023

BI provides real-time data analysis and performance monitoring, while Data Science enables a deep dive into dependencies in data with data mining and automates decision making with predictive analytics and personalized customer experiences.

Data Science 246

Data Science Azure Power BI Business Intelligence 246

Dataconomy

DECEMBER 17, 2024

Example: For a project to optimize supply chain operations, the scope might include creating dashboards for inventory tracking but exclude advanced predictive analytics in the first phase. Key questions to ask: What data sources are required? Are there any data gaps that need to be filled?

Data Quality 91

Data Quality Power BI Data Engineering Data Engineering 91

Dataconomy

MARCH 5, 2025

Diagnostic analytics Focused on understanding the reasons behind past outcomes, diagnostic analytics employs various methodologies to analyze causal relationships. Predictive analytics By leveraging historical data, predictive analytics forecasts future trends, helping businesses anticipate market changes.

Analytics 91

Analytics Analytics Predictive Analytics Data Wrangling 91

Dataconomy

MAY 26, 2025

Understanding the data-driven philosophy Organizations excelling in business analytics view data as a vital asset and strive to leverage it for strategic competitive advantages. How business analytics works Business analytics involves several foundational processes that guide organizations in their analytical endeavors.

Analytics 91

Analytics Analytics Data Analysis Data Analysis 91

Pickl AI

DECEMBER 2, 2024

Understanding these enhances insights into data management challenges and opportunities, enabling organisations to maximise the benefits derived from their data assets. Veracity Veracity refers to the trustworthiness and accuracy of the data. Value Value emphasises the importance of extracting meaningful insights from data.

Big Data 52

Big Data Big Data Data Lakes Apache Hadoop 52

Pickl AI

NOVEMBER 25, 2024

Understanding these enhances insights into data management challenges and opportunities, enabling organisations to maximise the benefits derived from their data assets. Veracity Veracity refers to the trustworthiness and accuracy of the data. Value Value emphasises the importance of extracting meaningful insights from data.

Big Data 52

Big Data Big Data Data Lakes Apache Hadoop 52

Pickl AI

OCTOBER 15, 2024

Predictive Analytics Predictive analytics involves using statistical algorithms and Machine Learning techniques to forecast future events based on historical data. It analyses patterns to predict trends, customer behaviours, and potential outcomes.

Analytics 52

Analytics Analytics Predictive Analytics Machine Learning 52