Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Interactive Analysis and Related Tools – Part II
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Predictive Analytics > Interactive Analysis and Related Tools – Part II
Business IntelligencePredictive Analytics

Interactive Analysis and Related Tools – Part II

raqsoft
raqsoft
4 Min Read
SHARE

In my last article, I have talk about interactive analysis from the definition and explains with an example, and today we will discuss the characteristics of interactive analytics.

In my last article, I have talk about interactive analysis from the definition and explains with an example, and today we will discuss the characteristics of interactive analytics.

As we can see from the above examples, the real world business data analysis is far more complex than the theory. The commercial opportunity changes unpredictably and comes and goes in a moment of doze. In fact, the computation on the business activities is usually fuzzy. There are few model algorithms from textbook that can be used to solve the real business situation. The interactive analysis computation is to solve the problem in the real world. Business intelligence tools should be more simple, and most importantly, interactive analysis should be simplied. Let’s check the characteristics of interactive analysis.

Fixed algorithm as bottom layer

More Read

Big Data Analytics Versus Your Own Lying Eyes
Live from Warranty Chain Management 2009 – The Strategic Importance of Warranty
Industry Analyst Art or Fiction: Questionable Technology Predictions
Means and Proportions with two populations
Breakthroughs in AI Are Helping to Prevent Nurse Burnout

Interactive analysis can be always resolved to the fixed algorithm. For example, ranking algorithm is usually used to compute the “Appearance of Large Order”; grouping algorithm is usually used to compute the “which sector sees the intensive procurement by clients”.

Focus on the interactive procedure

The bottom layer of interactive analysis is the fixed algorithm though, the human intervention is necessary. How to break down the target? How to set the priority of branches? Whether to carry on the mining or not? Is the existing result enough to support the decision-making? Is the further computation necessary? Theoretically speaking, the power enough computer programs can implement the above network-like branches, and thus turn it into the fixed algorithm. However, before the The Matrix and Neo born, the analyzers will have to take great effort in it.

Focus on the business expert

Interactive analysis is to solve the problem in the real world. The assumption will have to make on the basis of business status, and the next step computation will be decided on the current data and business experiences. To do this, the abundant business knowledge is required. The qualified analyzer is usually the business expert. The database administer and programmer are more fit to seek the solutions to the fixed algorithm and they are able to provide the assistance in computation but hard to make the most important business decision.

Take massive structured data as the primary goal

The massive structured data is the data capable to be represented with a 2-dimention structure. Of the massive structural data, the typical examples are the data from database and spreadsheet, and text file. In the business activities of real world, these data are the most common and fundamental, acting as the base of business calculation.

This is the End of Part II for interactive analysis. In the next part, I will talk about the related tools for interactive analysis.

To be continued…

 

Related Reading

Interactive Analysis and Related Tools – Part I

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

online business using analytics
Why Some Businesses Seem to Win Online Without Ever Feeling Like They Are Trying
Exclusive News
edi compliance with AI
AI Is Transforming EDI Compliance Services
Exclusive News
companies using big data
5 Industries Driving Big Data Technology Growth
Big Data Exclusive
software developer using ai
California AI Companies That Are Set for Long-Term Growth
Development Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Crystal ball
AnalyticsBig DataData MiningData WarehousingHadoopITMapReduceModelingOpen SourcePredictive AnalyticsSentiment AnalyticsSocial DataSocial Media AnalyticsSoftwareUnstructured DataWorkforce AnalyticsWorkforce Data

3 Organizations That Can See the Future with Predictive Analytics

6 Min Read

Mate Math: Analytics for Dating

6 Min Read

Smart Systems for Future Communities

6 Min Read
ai with podcast marketing
Artificial Intelligence

Use AI to Expand the Reach of Your New Podcast

7 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?