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    Introduction To Business Analytics

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    Milin Rakesh Prasad
    This presentation introduces business analytics and its importance in modern business decision making. It covers the definition of business analytics, the key objectives of improved decision making, operational efficiency and increased revenue. It also outlines the main types of business analytics including descriptive, diagnostic, predictive and prescriptive analytics and provides examples of tools used in each area. Case studies from retail, healthcare and finance are presented to demonstrate real-world applications before trends in the future of the field are discussed.

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    Introduction To Business Analytics

    Uploaded by

    Milin Rakesh Prasad
    7 views3 pages
    This presentation introduces business analytics and its importance in modern business decision making. It covers the definition of business analytics, the key objectives of improved decision making, operational efficiency and increased revenue. It also outlines the main types of business analytics including descriptive, diagnostic, predictive and prescriptive analytics and provides examples of tools used in each area. Case studies from retail, healthcare and finance are presented to demonstrate real-world applications before trends in the future of the field are discussed.

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    Introduction to Business Analytics

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    This presentation introduces business analytics and its importance in modern business decision making. It covers the definition of business analytics, the key objectives of improved decision making, operational efficiency and increased revenue. It also outlines the main types of business analytics including descriptive, diagnostic, predictive and prescriptive analytics and provides examples of tools used in each area. Case studies from retail, healthcare and finance are presented to demonstrate real-world applications before trends in the future of the field are discussed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    7 views3 pages

    Introduction To Business Analytics

    Uploaded by

    Milin Rakesh Prasad
    This presentation introduces business analytics and its importance in modern business decision making. It covers the definition of business analytics, the key objectives of improved decision making, operational efficiency and increased revenue. It also outlines the main types of business analytics including descriptive, diagnostic, predictive and prescriptive analytics and provides examples of tools used in each area. Case studies from retail, healthcare and finance are presented to demonstrate real-world applications before trends in the future of the field are discussed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 3

    Introduction to Business Analytics

    Unlocking the Power of Data in Business Decision-Making


    Milin Rakesh Prasad

    Agenda
    1. Introduction
    2. What is Business Analytics?
    3. Types of Business Analytics
    4. Importance of Business Analytics
    5. Tools & Techniques
    6. Case Studies
    7. Future Trends
    8. Q&A

    Introduction
    - Brief on the data-driven world
    - The role of analytics in modern business
    - Objective of the presentation

    What is Business Analytics?


    - Definition
    - Key objectives:
    - Improved Decision-Making
    - Operational Efficiency
    - Increased Revenue

    Types of Business Analytics


    1. Descriptive Analytics
    2. Diagnostic Analytics
    3. Predictive Analytics
    4. Prescriptive Analytics

    Descriptive Analytics
    - What it is
    - Examples
    - Tools commonly used

    Diagnostic Analytics
    - What it is
    - Examples
    - Tools commonly used

    Predictive Analytics
    - What it is
    - Examples
    - Tools commonly used

    Prescriptive Analytics
    - What it is
    - Examples
    - Tools commonly used

    Importance of Business Analytics


    - Competitive Advantage
    - Customer Satisfaction
    - Risk Management

    Tools & Techniques


    - Software (e.g., Excel, Tableau, R, Python)
    - Statistical methods
    - Machine Learning

    Case Studies
    - Example 1: Retail
    - Example 2: Healthcare
    - Example 3: Finance

    Future Trends
    - Automation in analytics
    - AI and Machine Learning
    - Real-time analytics

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