What is FP Growth Analysis and How Can a Business Use Frequent Pattern Mining to Analyze Data?
This article provides a brief explanation of the FP Growth technique of Frequent Pattern Mining. What is the FP Growth Algorithm? Frequent pattern mining (previously known as Association) is an analytical algorithm that is used by businesses and, is accessible … Continued
What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?
This article provides a brief explanation of the ARIMA method of analytical forecasting. What is ARIMA Forecasting? Autoregressive Integrated Moving Average (ARIMA) predicts future values of a time series using a linear combination of its past values and a series … Continued
What is the Multinomial-Logistic Regression Classification Algorithm and How Does One Use it for Analysis?
This article provides a brief definition of the multinomial-logistic regression classification algorithm and its uses and benefits. What is the Multinomial-Logistic Regression Classification Algorithm? Logistic regression measures the relationship between the categorical target variable and one or more independent variables … Continued
What is the KMeans Clustering Algorithm and How Does an Enterprise Use it to Analyze Data?
This article provides a brief explanation of the KMeans Clustering algorithm. What is the KMeans Clustering algorithm? The KMeans Clustering algorithm is a process by which objects are classified into number of groups so that they are as much dissimilar … Continued
What is Descriptive Statistics and How Do You Choose the Right One for Enterprise Analysis?
This article provides a brief explanation of the definition and uses of the Descriptive Statistics algorithms. What is a Descriptive Statistics? Descriptive statistics helps users to describe and understand the features of a specific dataset, by providing short summaries and … Continued
What is the Holt-Winters Forecasting Algorithm and How Can it be Used for Enterprise Analysis?
This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment. What is the Holt-Winters Forecasting Algorithm? The Holt-Winters algorithm is used for forecasting and It is a time-series forecasting method. Time series … Continued
BI Tools for Small, Medium and Large Biz!
Small, Medium or Large, Business Intelligence is Critical to Your Business! When a business is looking for a business intelligence solution, the management team may believe that they must choose a solution that is designed for a particular size business. … Continued
Augmented Analytics for Every Business and Industry!
Is An Augmented Analytics Solution Right for My Organization? Self-Serve Data Preparation is a critical component of augmented analytics. If these terms seem foreign to you, just know that they represent the future of business analysis. As organizations adopt self-serve … Continued
Is Your Self Service BI Tool REALLY Self-Serve?
Sometimes Self Service BI Software Isn’t Really Self-Serve! Today’s businesses and business users are more demanding than ever. No one has patience these days for tools, applications or products that offer no value or are frustrating or restrictive. So, when … Continued
Advanced Analytics Software for Every Team Member!
Can Advanced Data Discovery Help Your Business Achieve Data Democratization? Terms like Advanced Data Discovery and Augmented Analytics can seem mysterious and daunting for the average organization. Managers, executives and IT staff may believe that business users cannot and will … Continued