Business analytics

for mba student in this cover all 4th unit of business intellegnce

1. BUSINESS ANALYTICS PRESENTED BY : MD ADNAN ALI

2. 2 CONTENT Introduction Definition Tools and Techniques Advanced Business Analytics Users of Business Analytics Benefits of Business Analytics Conclusion

3. 3 Introduction An internal consultancy role responsible for investigating business situations , identifying and evaluating options for implementation business systems, defining requirements and ensuring the effective use of information systems in meeting the needs of the business .

4. 4 Definition Business analytics (BA) is the practice of iterative, methodical exploration of an organization’s data with emphasis on statistical analysis. Business analytics is used by companies committed to data-driven decision making.

5. Tools and Techniques 5 Decisive analytics Descriptive Analytics Predictive Analytics Prescriptive analytics

6. 6 1. Decisive analytics: supports human decisions with visual analytics the user models to reflect reasoning . 2. Descriptive Analytics: Gain insight from historical data with reporting, scorecards, clustering etc. 3 . Predictive analytics (predictive modelling using statistical and machine learning techniques) 4. Prescriptive analytics: recommend decisions using optimization, simulation etc.

7. 7 Advanced Business Analytics

8. 8 Users of Business Analytics Students Business man Accountants Organization Companies Group of industries Small firm Auditors

9. 9 Benefits of Business Analytics Better Decision Making Better Enablement of key strategic initiatives Better Relationship with Customers Better sense of Risk Better Financial Performance

10. 10 Conclusion Study of Business Analytics is best way to analyzed pervious and present data of a particular firm and forcesting the future. With the help of data and some tools and techniques. Not only Analyzed also give the best solution of a problem.

11. THANK YOU