September 2019
Intermediate to advanced
416 pages
9h 40m
English
Content preview from Digital Transformation
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CHAPTER 14Analytics
This chapter provides an overview of analytics, the various categories such as descriptive and predictive capabilities, and the components that can be leveraged. It also discusses the methodology and various tools and techniques that can be used along with the use cases and opportunities across industries to provide meaningful insights and make the enterprise intelligent.
Analytics Overview
Analytics is the use of statistical models and tools to generate value from the connected ecosystem of data and technology and process the data to produce insights that help solve real business problems and can be applied towards effective decision making. Analytics includes information management, performance management, statistical and quantitative analysis, operations research, predictive modeling, and data management to drive decisions and actions.
Enterprises apply the power of analytics to the combination of internal business data and connected environmental data to interpret, predict, communicate, and improve business performance.
Data Factory
Data factory is a three‐step process for how the data is processed, utilized, and consumed by the enterprise as listed below:
Information
The enterprise is overwhelmed with data coming from all the connected devices and assets. The data elements need to be identified and prioritized based on the enterprise requirements and then extracted, integrated, processed, and managed, which takes the form of information. Data ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.