What is a hybrid analytics approach?
An example of an AI chatbot conversation about hybrid analytics combining data science and business intelligence.
What is a hybrid analytics approach?
A hybrid analytics approach combines traditional business intelligence with advanced data science techniques to provide deeper insights.
How does it differ from traditional analytics?
Unlike traditional analytics, which often relies on historical data, hybrid analytics integrates real-time data and predictive modeling.
What are the benefits of using a hybrid analytics approach?
Benefits include improved decision-making, enhanced predictive capabilities, and the ability to analyze complex data sets more effectively.
Can you give an example of its application?
Sure! A retail company might use hybrid analytics to optimize inventory by analyzing sales trends and predicting future demand.
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