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An ideal visualization should not only communicate clearly, but stimulate viewer engagement and attention.
Data discovery is a user-driven process of searching for patterns or specific items in a data set. Data discovery applications use visual tools such as geographical maps, pivot-tables, and heat-maps to make the process of finding patterns or specific items rapid and intuitive. Data discovery may leverage statistical and data mining techniques to accomplish these goals.
Predictive analytics encompasses a variety of statistical techniques from predictive modeling, machine learning, and data mining that analyze current and historical facts to make predictions about future or otherwise unknown events.
Big data is a term for data sets that are so large or complex that traditional data processing applications are inadequate. Challenges include analysis, capture, data curation, search, sharing, storage, transfer, visualization, querying, and updating and information privacy. The term often refers simply to the use of predictive analytics or certain other advanced methods to extract value from data, and seldom to a particular size of data set. Accuracy in big data may lead to more confident decision making, and better decisions can result in greater operational efficiency, cost reduction and reduced risk.Read more
Data virtualization is any approach to data management that allows an application to retrieve and manipulate data without requiring technical details about the data, such as how it is formatted or where it is physically located.Read more
Operational intelligence (OI) is a category of real-time dynamic, business analytics that delivers visibility and insight into data, streaming events and business operations. Operational Intelligence solutions run queries against streaming data feeds and event data to deliver real-time analytic results as operational instructions. Operational Intelligence provides organizations the ability to make decisions and immediately act on these analytic insights, through manual or automated actions.Read more
It’s impossible to imagine making good business decisions without the right information to back up the decision making process. Business intelligence (BI) tools help by making it easy to extract and understand the information that you need from the mass of business data that you collect and store. In other words, they can help turn piles of data into meaningful insights that help you run your business.Read more