Customer analytics

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  • BI projects play key role in improving business and IT alignment

    In the lead article in this issue of BI Trends + Strategies, consultant and BeyeNETWORK expert Claudia Imhoff offers advice on how to bridge the divide between IT and the business on projects such as business intelligence and data warehousing ... 

  • polynomial interpolation

    Polynomial interpolation is a method of estimating values between known data points. When graphical data contains a gap, but data is available on either side of the gap or at a few specific points within the gap, an estimate of values within the gap ... 

  • longitudinal study

    A longitudinal study is an observational research method in which data is gathered for the same subjects repeatedly over a period of time. Longitudinal research projects can extend over years or even decades. 

  • correlation coefficient

    A correlation coefficient is a statistical measure of the degree to which changes to the value of one variable predict change to the value of another. In positively correlated variables, the value increases or decreases in tandem. In negatively corre... 

  • negative correlation

    A negative correlation is a relationship between two variables such that as the value of one variable increases, the other decreases.  Correlation is expressed on a range from +1 to -1, known as the correlation coefficent. Values below zero express n... 

  • positive correlation

    A positive correlation is a relationship between two variables such that their values increase or decrease together. Correlations are ranked on a scale from +1 to -1. In a perfect positive correlation, ranked as +1, an increase or decrease in one var... 

  • causation

    Causation, or causality, is the capacity of one variable to influence another. The first variable may bring the second into existence or may cause the incidence of the second variable to fluctuate. 

  • correlation

    Correlation is a statistical measure that indicates the extent to which two or more variables fluctuate together. A positive correlation indicates the extent to which those variables increase or decrease in parallel; a negative correlation indicates ... 

  • data-driven decision management (DDDM)

    Data-driven decision management (DDDM) is an approach to business governance that focuses on gathering data and analyzing it to guide corporate decisions and policies. The data-driven approach is gaining popularity within the enterprise as the amount... 

  • data-driven disaster

    A data-driven disaster is a serious problem caused by one or more ineffective data analysis processes. 

  • skewness

    Skewness is asymmetry in a statistical distribution, in which the curve appears distorted or skewed either to the left or to the right. Skewness can be quantified to define the extent to which a distribution differs from a normal distribution. 

  • See more Definitions on Customer analytics
About Customer analytics

Organizations can gain invaluable insight and information about customer behavior via customer analytics and the use of customer analytics software. Learn about tools and techniques for customer data analysis and customer data mining, including customer profitability and segmentation analysis, customer retention analysis and analysis of customer satisfaction data. Also, get up to date on customer churn analysis methodologies that can help reduce customer churn, such as churn modeling and analytics and churn data mining. Read news stories and case studies on technologies for analyzing customer data, and get tips and advice from business intelligence experts on deploying and managing customer data analytics systems.