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Data Mesh Architecture on Cloud for BI, Data Science and Process Mining

Data Science Blog

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. Each applications has its own data model.

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Object-centric Process Mining on Data Mesh Architectures

Data Science Blog

This aspect can be applied well to Process Mining, hand in hand with BI and AI. The Event Log Data Model for Process Mining Process Mining as an analytical system can very well be imagined as an iceberg. SAP ERP), the extraction of the data and, above all, the data modeling for the event log.

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Descriptive analytics

Dataconomy

Descriptive analytics is a fascinating area of data analytics that allows businesses to look back and glean insights from their historical data. By summarizing past events and performance metrics, organizations can understand trends, patterns, and behaviors that shape their decision-making processes.

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Business analytics

Dataconomy

Predictive modeling in business analytics Predictive modeling plays a critical role in business analytics by: Statistical scoring: Utilizing databases for real-time decision-making support. AI integration: Employing artificial intelligence for automation in response to unexpected events.

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Get Ready For These Six 2020 Business Intelligence Trends

Smart Data Collective

Some of these new tools use AI to predict events more accurately by employing predictive analytics to identify subtle relationships between even seemingly unrelated variables. Predictive analytics is the use of data and AI-powered algorithms to help analysts forecast the future and better predict business outcomes.

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Data science vs data analytics: Unpacking the differences

IBM Journey to AI blog

Having the right data strategy and data architecture is especially important for an organization that plans to use automation and AI for its data analytics. The types of data analytics Predictive analytics: Predictive analytics helps to identify trends, correlations and causation within one or more datasets.

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Top Descriptive Analytics Tools: Get Insights from Data

Pickl AI

Summary: Descriptive Analytics tools transform historical data into visual reports, helping businesses identify trends and improve decision-making. Popular tools like Power BI, Tableau, and Google Data Studio offer unique features for Data Analysis. Additionally, reporting is a crucial element of Descriptive Analytics.