Business Analytics Unleashing Data Driven Decision Making

Author : JUBI R
Publisher : NEHAS PUBLICATIONS
Page : 367 pages
File Size : 44,7 Mb
Release : 2024-01-12
Category : Business & Economics
ISBN : 9788196811426

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Business Analytics - Unleashing Data Driven Decision Making by JUBI R Pdf

In today's dynamic and data-driven business landscape, the art and science of Business Analytics have emerged as critical tools for exploration, introspection, and informed decision-making. "Business Analytics," the book at hand, delves into the practices and competencies essential for unraveling the complexities of business performance, facilitating purposeful, intuitive, and expedient decision-making processes. The essence of Business Analytics lies in the extensive exploration of business data, aiming to extract meaningful information usable by managers across various organizational levels. This book positions Business Analytics as a catalyst for fact-based decision-making, elevating accountability in the decision-making process. It defines Business Analytics as a methodical process that involves scrutinizing and summarizing data with the explicit purpose of uncovering hidden predictive insights. This book places a particular emphasis on the science and artistry of business analytics, with a special focus on financial analytics. It not only explores the practical aspects but also lays the theoretical foundations, providing a comprehensive context for various elements of business analytics within specific business situations. A distinctive feature of this book is its commitment to showcasing the implementation of analytics by illustrating how leading companies leverage this power to enhance their investments. Acknowledging that scientific knowledge alone may not suffice for sound decision-making, the book underscores the importance of combining scientific expertise with a deep understanding of the business context and the best available information. Addressing a notable gap in existing literature, this book goes beyond traditional academic texts that predominantly concentrate on quantitative methods. Instead, it extends its reach to cover analytics for non-quantitative managers. In doing so, the book aims to equip a broader audience with the knowledge and tools necessary to harness the benefits of Business Analytics in diverse business scenarios. As you embark on this journey through the pages of "Business Analytics," you will gain insights into the transformative power of analytics in decision-making, and how it has become an indispensable asset for businesses navigating the intricacies of the contemporary corporate landscape.

Author : Amar Sahay
Publisher : Business Expert Press
Page : 242 pages
File Size : 52,6 Mb
Release : 2018-08-23
Category : Business & Economics
ISBN : 9781631573323

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Business Analytics, Volume I by Amar Sahay Pdf

Business Analytics: A Data-Driven Decision Making Approach for Business-Part I,/i> provides an overview of business analytics (BA), business intelligence (BI), and the role and importance of these in the modern business decision-making. The book discusses all these areas along with three main analytics categories: (1) descriptive, (2) predictive, and (3) prescriptive analytics with their tools and applications in business. This volume focuses on descriptive analytics that involves the use of descriptive and visual or graphical methods, numerical methods, as well as data analysis tools, big data applications, and the use of data dashboards to understand business performance. The highlights of this volume are: Business analytics at a glance; Business intelligence (BI), data analytics; Data, data types, descriptive analytics; Data visualization tools; Data visualization with big data; Descriptive analytics-numerical methods; Case analysis with computer applications.

Author : Parul Gandhi,Surbhi Bhatia,Kapal Dev
Publisher : CRC Press
Page : 150 pages
File Size : 46,6 Mb
Release : 2021-12-21
Category : Computers
ISBN : 9781000506433

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Data Driven Decision Making using Analytics by Parul Gandhi,Surbhi Bhatia,Kapal Dev Pdf

This book aims to explain Data Analytics towards decision making in terms of models and algorithms, theoretical concepts, applications, experiments in relevant domains or focused on specific issues. It explores the concepts of database technology, machine learning, knowledge-based system, high performance computing, information retrieval, finding patterns hidden in large datasets and data visualization. Also, it presents various paradigms including pattern mining, clustering, classification, and data analysis. Overall aim is to provide technical solutions in the field of data analytics and data mining. Features: Covers descriptive statistics with respect to predictive analytics and business analytics. Discusses different data analytics platforms for real-time applications. Explain SMART business models. Includes algorithms in data sciences alongwith automated methods and models. Explores varied challenges encountered by researchers and businesses in the realm of real-time analytics. This book aims at researchers and graduate students in data analytics, data sciences, data mining, and signal processing.

Author : David Roi Hardoon,Galit Shmueli
Publisher : CRC Press
Page : 192 pages
File Size : 45,8 Mb
Release : 2013-03-26
Category : Business & Economics
ISBN : 9781439896532

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Getting Started with Business Analytics by David Roi Hardoon,Galit Shmueli Pdf

Assuming no prior knowledge or technical skills, Getting Started with Business Analytics: Insightful Decision-Making explores the contents, capabilities, and applications of business analytics. It bridges the worlds of business and statistics and describes business analytics from a non-commercial standpoint. The authors demystify the main concepts and terminologies and give many examples of real-world applications. The first part of the book introduces business data and recent technologies that have promoted fact-based decision-making. The authors look at how business intelligence differs from business analytics. They also discuss the main components of a business analytics application and the various requirements for integrating business with analytics. The second part presents the technologies underlying business analytics: data mining and data analytics. The book helps you understand the key concepts and ideas behind data mining and shows how data mining has expanded into data analytics when considering new types of data such as network and text data. The third part explores business analytics in depth, covering customer, social, and operational analytics. Each chapter in this part incorporates hands-on projects based on publicly available data. Helping you make sound decisions based on hard data, this self-contained guide provides an integrated framework for data mining in business analytics. It takes you on a journey through this data-rich world, showing you how to deploy business analytics solutions in your organization.

Author : Uwe H. Kaufmann,Amy B. C. Tan
Publisher : John Wiley & Sons
Page : 372 pages
File Size : 42,9 Mb
Release : 2021-07-26
Category : Computers
ISBN : 9781119758334

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Data Analytics for Organisational Development by Uwe H. Kaufmann,Amy B. C. Tan Pdf

A practical guide for anyone who aspires to become data analytics–savvy Data analytics has become central to the operation of most businesses, making it an increasingly necessary skill for every manager and for all functions across an organisation. Data Analytics for Organisational Development: Unleashing the Potential of Your Data introduces a methodical process for gathering, screening, transforming, and analysing the correct datasets to ensure that they are reliable tools for business decision-making. Written by a Six Sigma Master Black Belt and a Lean Six Sigma Black Belt, this accessible guide explains and illustrates the application of data analytics for organizational development and design, with particular focus on Customer and Strategy Analytics, Operations Analytics and Workforce Analytics. Designed as both a handbook and workbook, Data Analytics for Organisational Development presents the application of data analytics for organizational design and development using case studies and practical examples. It aims to help build a bridge between data scientists, who have less exposure to actual business issues, and the "non-data scientists." With this guide, anyone can learn to perform data analytics tasks from translating a business question into a data science hypothesis to understanding the data science results and making the appropriate decisions. From data acquisition, cleaning, and transformation to analysis and decision making, this book covers it all. It also helps you avoid the pitfalls of unsound decision making, no matter where in the value chain you work. Follow the “Five Steps of a Data Analytics Case” to arrive at the correct business decision based on sound data analysis Become more proficient in effectively communicating and working with the data experts, even if you have no background in data science Learn from cases and practical examples that demonstrate a systematic method for gathering and processing data accurately Work through end-of-chapter exercises to review key concepts and apply methods using sample data sets Data Analytics for Organisational Development includes downloadable tools for learning enrichment, including spreadsheets, Power BI slides, datasets, R analysis steps and more. Regardless of your level in your organisation, this book will help you become savvy with data analytics, one of today’s top business tools.

Author : P. Mary Jeyanthi,Tanupriya Choudhury,Dieu Hack-Polay,T P Singh,Sheikh Abujar
Publisher : Springer Nature
Page : 236 pages
File Size : 52,9 Mb
Release : 2022-01-01
Category : Technology & Engineering
ISBN : 9783030827632

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Decision Intelligence Analytics and the Implementation of Strategic Business Management by P. Mary Jeyanthi,Tanupriya Choudhury,Dieu Hack-Polay,T P Singh,Sheikh Abujar Pdf

This book presents a framework for developing an analytics strategy that includes a range of activities, from problem definition and data collection to data warehousing, analysis, and decision making. The authors examine best practices in team analytics strategies such as player evaluation, game strategy, and training and performance. They also explore the way in which organizations can use analytics to drive additional revenue and operate more efficiently. The authors provide keys to building and organizing a decision intelligence analytics that delivers insights into all parts of an organization. The book examines the criteria and tools for evaluating and selecting decision intelligence analytics technologies and the applicability of strategies for fostering a culture that prioritizes data-driven decision making. Each chapter is carefully segmented to enable the reader to gain knowledge in business intelligence, decision making and artificial intelligence in a strategic management context.

Author : U. Dinesh Kumar
Publisher : Unknown
Page : 128 pages
File Size : 48,7 Mb
Release : 2017
Category : Big data
ISBN : 8126583843

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Business Analytics by U. Dinesh Kumar Pdf

Author : Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen
Publisher : John Wiley & Sons
Page : 243 pages
File Size : 47,7 Mb
Release : 2022-01-19
Category : Business & Economics
ISBN : 9781119736080

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AI-Enabled Analytics for Business by Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen Pdf

We are entering the era of digital transformation where human and artificial intelligence (AI) work hand in hand to achieve data driven performance. Today, more than ever, businesses are expected to possess the talent, tools, processes, and capabilities to enable their organizations to implement and utilize continuous analysis of past business performance and events to gain forward-looking insight to drive business decisions and actions. AI-Enabled Analytics in Business is your Roadmap to meet this essential business capability. To ensure we can plan for the future vs react to the future when it arrives, we need to develop and deploy a toolbox of tools, techniques, and effective processes to reveal forward-looking unbiased insights that help us understand significant patterns, relationships, and trends. This book promotes clarity to enable you to make better decisions from insights about the future. Learn how advanced analytics ensures that your people have the right information at the right time to gain critical insights and performance opportunities Empower better, smarter decision making by implementing AI-enabled analytics decision support tools Uncover patterns and insights in data, and discover facts about your business that will unlock greater performance Gain inspiration from practical examples and use cases showing how to move your business toward AI-Enabled decision making AI-Enabled Analytics in Business is a must-have practical resource for directors, officers, and executives across various functional disciplines who seek increased business performance and valuation.

Author : Tracey Smith
Publisher : Numerical Insights LLC
Page : 115 pages
File Size : 44,5 Mb
Release : 2012-07-02
Category : Business & Economics
ISBN : 9781470187453

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Data Driven Decision Making for Small Businesses by Tracey Smith Pdf

The reader of this book need not be a mathematician. This book is intended for the business-minded individual interested in learning about the strategic advantages which can be obtained from business analytics.Small Business Trends magazine reported that, "you don't need to be a Fortune 500 company with revenue in the stratosphere to benefit from the application of business intelligence. A simple analysis of data your business may already be collecting could hold the answer."Perhaps you would like to reduce your inventory, determine product and customer profitability, gain insight into customer ordering behaviour. Perhaps you would like to know where you are spending your business dollars or how to determine if your cash flow is getting better or worse. Is your business becoming more or less efficient as it grows? Perhaps you would like to predict upcoming retirements to determine the impact of the baby boomer generation on your organization.This book will present some of the simpler approaches to data analysis and will show the value of these analyses to business. The intent is to show the reader what is possible rather than teaching the mathematical techniques. From simple to the more advanced, this book will deliver a series of analytics suitable for anyone wishing to take their business to the next level.I will present a series of real-world case studies from various functional areas, the majority of which will be conducted with every day software that most businesses already possess.The book will go on to examine the advantages and disadvantages of trying to build these capabilities in-house and will provide a realistic view of the challenges associated with analytics in the business world.Finally, I will provide some advice on data analysis and visualization tools. Specifically, I will focus on the tools that are available to the reader for prices that are in line with typical office software.

Author : Amar Sahay
Publisher : Unknown
Page : 406 pages
File Size : 52,7 Mb
Release : 2019-11-08
Category : Business & Economics
ISBN : 1631574795

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Business Analytics by Amar Sahay Pdf

This business analytics (BA) text discusses the models based on fact-based data to measure past business performance to guide an organization in visualizing and predicting future business performance and outcomes. It provides a comprehensive overview of analytics in general with an emphasis on predictive analytics. Given the booming interest in analytics and data science, this book is timely and informative. It brings many terms, tools, and methods of analytics together. The first three chapters provide an introduction to BA, importance of analytics, types of BA-descriptive, predictive, and prescriptive-along with the tools and models. Business intelligence (BI) and a case on descriptive analytics are discussed. Additionally, the book discusses on the most widely used predictive models, including regression analysis, forecasting, data mining, and an introduction to recent applications of predictive analytics-machine learning, neural networks, and artificial intelligence. The concluding chapter discusses on the current state, job outlook, and certifications in analytics.

Author : Prof. Dr. R Gopal, Dr. Priya Vij, Dr. Adveta Gharat, Dr. Alpha Lokhande
Publisher : Notion Press
Page : 178 pages
File Size : 45,7 Mb
Release : 2024-04-11
Category : Business & Economics
ISBN : 9798892779708

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Business Analytics by Prof. Dr. R Gopal, Dr. Priya Vij, Dr. Adveta Gharat, Dr. Alpha Lokhande Pdf

In the dynamic realm of business, the effective utilization of data has become indispensable for achieving success. "Business Analytics - An Overview" offers a thorough exploration of the domain of data-driven decision-making and its transformative impact on contemporary enterprises. This book serves as a guiding resource for professionals, students, and enthusiasts seeking to comprehend the intricate landscape of business analytics. The book covers foundational concepts in business intelligence, core principles of business analytics, the role of digital data in decision-making, the infrastructure supporting analytics through data warehousing, the art and science of data mining, the significance of visual analytics and reporting, challenges and opportunities in big data analytics, and practical applications of analytics across various industries. Each chapter contributes to a holistic understanding of the dynamic intersection of data and business, equipping readers with the knowledge and skills to navigate this intricate tapestry. Embark on a journey through the world of business analytics, where each section unfolds a new layer of insight, providing valuable tools for comprehending and thriving in the data-driven business landscape.

Author : Gert H. N. Laursen,Jesper Thorlund
Publisher : John Wiley & Sons
Page : 288 pages
File Size : 43,9 Mb
Release : 2016-10-06
Category : Business & Economics
ISBN : 9781119302520

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Business Analytics for Managers by Gert H. N. Laursen,Jesper Thorlund Pdf

The intensified used of data based on analytical models to control digitalized operational business processes in an intelligent way is a game changer that continuously disrupts more and more markets. This book exemplifies this development and shows the latest tools and advances in this field Business Analytics for Managers offers real-world guidance for organizations looking to leverage their data into a competitive advantage. This new second edition covers the advances that have revolutionized the field since the first edition's release; big data and real-time digitalized decision making have become major components of any analytics strategy, and new technologies are allowing businesses to gain even more insight from the ever-increasing influx of data. New terms, theories, and technologies are explained and discussed in terms of practical benefit, and the emphasis on forward thinking over historical data describes how analytics can drive better business planning. Coverage includes data warehousing, big data, social media, security, cloud technologies, and future trends, with expert insight on the practical aspects of the current state of the field. Analytics helps businesses move forward. Extensive use of statistical and quantitative analysis alongside explanatory and predictive modeling facilitates fact-based decision making, and evolving technologies continue to streamline every step of the process. This book provides an essential update, and describes how today's tools make business analytics more valuable than ever. Learn how Hadoop can upgrade your data processing and storage Discover the many uses for social media data in analysis and communication Get up to speed on the latest in cloud technologies, data security, and more Prepare for emerging technologies and the future of business analytics Most businesses are caught in a massive, non-stop stream of data. It can become one of your most valuable assets, or a never-ending flood of missed opportunity. Technology moves fast, and keeping up with the cutting edge is crucial for wringing even more value from your data—Business Analytics for Managers brings you up to date, and shows you what analytics can do for you now.

Author : Tho H. Nguyen
Publisher : John Wiley & Sons
Page : 240 pages
File Size : 45,6 Mb
Release : 2016-08-30
Category : Business & Economics
ISBN : 9781119276920

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Leaders and Innovators by Tho H. Nguyen Pdf

An integrated, strategic approach to higher-value analytics Leaders and Innovators: How Data-Driven Organizations Are Winning with Analytics shows how businesses leverage enterprise analytics to gain strategic insights for profitability and growth. The key factor is integrated, end-to-end capabilities that encompass data management and analytics from a business and IT perspective; with analytics running inside a database where the data reside, everyday analytical processes become streamlined and more efficient. This book shows you what analytics is, what it can do, and how you can integrate old and new technologies to get more out of your data. Case studies and examples illustrate real-world scenarios in which an optimized analytics system revolutionized an organization's business. Using in-database and in-memory analytics along with Hadoop, you'll be equipped to improve performance while reducing processing time from days or weeks to hours or minutes. This more strategic approach uncovers the opportunities hidden in your data, and the detailed guidance to optimal data management allows you to break through even the biggest data challenges. With data coming in from every angle in a constant stream, there has never been a greater need for proactive and agile strategies to overcome these struggles in a volatile and competitive economy. This book provides clear guidance and an integrated strategy for organizations seeking greater value from their data and becoming leaders and innovators in the industry. Streamline analytics processes and daily tasks Integrate traditional tools with new and modern technologies Evolve from tactical to strategic behavior Explore new analytics methods and applications The depth and breadth of analytics capabilities, technologies, and potential makes it a bottomless well of insight. But too many organizations falter at implementation—too much, not enough, or the right amount in the wrong way all fail to deliver what an optimized and integrated system could. Leaders and Innovators: How Data-Driven Organizations Are Winning with Analytics shows you how to create the system your organization needs to dramatically improve performance, increase profitability, and drive innovation at all levels for the present and future.

Author : Wouter Verbeke,Bart Baesens,Cristian Bravo
Publisher : John Wiley & Sons
Page : 416 pages
File Size : 41,7 Mb
Release : 2017-09-22
Category : Business & Economics
ISBN : 9781119286998

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Profit Driven Business Analytics by Wouter Verbeke,Bart Baesens,Cristian Bravo Pdf

Maximize profit and optimize decisions with advanced business analytics Profit-Driven Business Analytics provides actionable guidance on optimizing the use of data to add value and drive better business. Combining theoretical and technical insights into daily operations and long-term strategy, this book acts as a development manual for practitioners seeking to conceive, develop, and manage advanced analytical models. Detailed discussion delves into the wide range of analytical approaches and modeling techniques that can help maximize business payoff, and the author team draws upon their recent research to share deep insight about optimal strategy. Real-life case studies and examples illustrate these techniques at work, and provide clear guidance for implementation in your own organization. From step-by-step instruction on data handling, to analytical fine-tuning, to evaluating results, this guide provides invaluable guidance for practitioners seeking to reap the advantages of true business analytics. Despite widespread discussion surrounding the value of data in decision making, few businesses have adopted advanced analytic techniques in any meaningful way. This book shows you how to delve deeper into the data and discover what it can do for your business. Reinforce basic analytics to maximize profits Adopt the tools and techniques of successful integration Implement more advanced analytics with a value-centric approach Fine-tune analytical information to optimize business decisions Both data stored and streamed has been increasing at an exponential rate, and failing to use it to the fullest advantage equates to leaving money on the table. From bolstering current efforts to implementing a full-scale analytics initiative, the vast majority of businesses will see greater profit by applying advanced methods. Profit-Driven Business Analytics provides a practical guidebook and reference for adopting real business analytics techniques.

Author : Jumin Kamki
Publisher : Unknown
Page : 128 pages
File Size : 52,6 Mb
Release : 2016
Category : Electronic
ISBN : 194655619X

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Digital Analytics by Jumin Kamki Pdf