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  2. Demand forecasting - Wikipedia

    en.wikipedia.org/wiki/Demand_forecasting

    An example of a model for forecasting demand is M. Roodman's (1986) demand forecasting regression model for measuring the seasonality affects on a data point being measured. [11] The model was based on a linear regression model , and is used to measure linear trends based on seasonal cycles and their affects on demand i.e. the seasonal demand ...

  3. Predictive analytics - Wikipedia

    en.wikipedia.org/wiki/Predictive_analytics

    The objective of these models is to assess the possibility that a unit in another sample will display the same pattern. Predictive model solutions can be considered a type of data mining technology. The models can analyze both historical and current data and generate a model in order to predict potential future outcomes. [14]

  4. Big data maturity model - Wikipedia

    en.wikipedia.org/wiki/Big_Data_Maturity_Model

    The TDWI big data maturity model is a model in the current big data maturity area and therefore consists of a significant body of knowledge. [6] Maturity stages. The different stages of maturity in the TDWI BDMM can be summarized as follows: Stage 1: Nascent. The nascent stage as a pre–big data environment. During this stage:

  5. Demand management - Wikipedia

    en.wikipedia.org/wiki/Demand_management

    Demand management is a planning methodology used to forecast, plan for and manage the demand for products and services. This can be at macro-levels as in economics and at micro-levels within individual organizations. For example, at macro-levels, a government may influence interest rates to regulate financial demand. At the micro-level, a ...

  6. Data analysis - Wikipedia

    en.wikipedia.org/wiki/Data_analysis

    Analytics is the "extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and actions." It is a subset of business intelligence , which is a set of technologies and processes that uses data to understand and analyze business performance to drive decision-making .

  7. Business analysis - Wikipedia

    en.wikipedia.org/wiki/Business_Analysis

    Business analysis is a professional discipline [1] focused on identifying business needs and determining solutions to business problems. [2] Solutions may include a software-systems development component, process improvements, or organizational changes, and may involve extensive analysis, strategic planning and policy development.

  8. Analytical base table - Wikipedia

    en.wikipedia.org/wiki/Analytical_base_table

    A single record in this table is referred to as an analytical record or analytic record (AR), and represents the subject of the prediction (e.g. a customer) and stores all data (variables) describing this subject. [2] If for example the subject is a customer then the record may be referred to as a customer analytic record or "CAR". [3] [4] [5]

  9. Business analytics - Wikipedia

    en.wikipedia.org/wiki/Business_analytics

    The difficulty in ensuring data quality is integrating and reconciling data across different systems, and then deciding what subsets of data to make available. [ 3 ] Previously, analytics was considered a type of after-the-fact method of forecasting consumer behavior by examining the number of units sold in the last quarter or the last year.