September 2017
Intermediate to advanced
360 pages
9h 43m
English
Each viewpoint will have unique analytic requirements. Engineers and front-line managers' analytic needs may be more functional in nature and may include real-time stream analysis, anomaly detection, and prescriptive analytics, that is, predicting when a part or machine needs maintenance. Middle and upper managers representing the business viewpoint may only need the aggregated data or calculated key performance indicators, as well as data from ERP, CRM, or other enterprise or departmental systems.
Advanced analytics involves the application of statistics and machine learning to analyze trends, make predictions, and provide dynamic feedback in real time. Advanced analytics can be categorized as follows: ...