Line 8: |
Line 8: |
| 3. ''Unstructured Data Analytics'': “Combines text mining, association, clustering, and other unsupervised learning techniques to codify large data sets.” | | 3. ''Unstructured Data Analytics'': “Combines text mining, association, clustering, and other unsupervised learning techniques to codify large data sets.” |
| | | |
− | 4. ''Operational Analytics'': “The processes of tracking and integrating real-time streams of information, deriving conclusions based on predictive models of behaviour, and triggering automatic responses and alerts.”<br></br> | + | 4. ''Operational Analytics'': “The processes of tracking and integrating real-time streams of information, deriving conclusions based on predictive models of behaviour, and triggering automatic responses and alerts.”<br> |
| | | |
− | Systematic computational transformation of enterprise data into insights, for the purpose of making better decisions<ref>''Accountabilities, Responsibilities, Authorities (ARA),'' ADM (Data, Innovation and Analytics)</ref> <br></br>
| + | Simply put, "analytics" refers to the systematic computational transformation of enterprise data into insights, for the purpose of making better decisions.<ref>''Accountabilities, Responsibilities, Authorities (ARA),'' ADM (Data, Innovation and Analytics)</ref> <br></br> |
− | The [https://www.lexico.com/definition/analytics Oxford English Dictionary] refers to analytics as "The systematic computational analysis of data or statistics." | + | The [https://www.lexico.com/definition/analytics Oxford English Dictionary] defines analytics as "The systematic computational analysis of data or statistics." |
| <ref><nowiki>https://www.lexico.com/definition/analytics</nowiki></ref><br></br> | | <ref><nowiki>https://www.lexico.com/definition/analytics</nowiki></ref><br></br> |
| | | |
− | // content '''''analytics''''' is relevant in many industries. <br></br> | + | // Content '''''analytics''''' is relevant in many industries. <br></br> |
| | | |
| <references /> | | <references /> |