ANALYSIS VS REPORTING
• Organization need both reporting and
analysis to succeed in taming big data.
Reporting
• It is also called as Business Intelligence (BI)
environment.
• Users select reports they want to run, get
reports executed and view results.
• Reports contain tables, graphs, charts in any
combination.
The key factors that define a report
include
• It provides back to the user that data was asked
for.
• The data will be provided in a standardized
predefined format.
• No person involved in generating a report outside
of the user who requested the report through
reporting interface.
• Reports are fairly inflexible which is a complicated
report templates are created with a variety of
prompts and filters.
The key points that define an analysis
• Provide answer to the questions being asked.
• Analysis process takes any steps needed to
get the answers to those questions.
• It is customized to the specific questions being
addressed.
• It involves a person who guides the process.
• It is flexible.
Summary of Analysis versus
Reporting
MODERN DATA ANALYTICS TOOLS
• Statistical perspective is a modeling orientation.
• Basic statistical concepts include probability, sampling, inference,
intelligent data analysis such as cross validation and bootstrapping.
• Statistical model structures.
• Bayesian approach
• Support Vector Machine
• Time series
• Rule Induction
• Neural Network
• Probability, theories of inferential statistics, stochastic uncertainty,
fuzzy numbers.
• Stochastic search and optimization method includes simulated
annealing and genetic algorithms.

Analysis vs reporting

  • 1.
  • 2.
    • Organization needboth reporting and analysis to succeed in taming big data. Reporting • It is also called as Business Intelligence (BI) environment. • Users select reports they want to run, get reports executed and view results. • Reports contain tables, graphs, charts in any combination.
  • 3.
    The key factorsthat define a report include • It provides back to the user that data was asked for. • The data will be provided in a standardized predefined format. • No person involved in generating a report outside of the user who requested the report through reporting interface. • Reports are fairly inflexible which is a complicated report templates are created with a variety of prompts and filters.
  • 4.
    The key pointsthat define an analysis • Provide answer to the questions being asked. • Analysis process takes any steps needed to get the answers to those questions. • It is customized to the specific questions being addressed. • It involves a person who guides the process. • It is flexible.
  • 5.
    Summary of Analysisversus Reporting
  • 6.
    MODERN DATA ANALYTICSTOOLS • Statistical perspective is a modeling orientation. • Basic statistical concepts include probability, sampling, inference, intelligent data analysis such as cross validation and bootstrapping. • Statistical model structures. • Bayesian approach • Support Vector Machine • Time series • Rule Induction • Neural Network • Probability, theories of inferential statistics, stochastic uncertainty, fuzzy numbers. • Stochastic search and optimization method includes simulated annealing and genetic algorithms.