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Del Rosario, Altreb

Del Rosario, Janus


Diaz, Viel
A process that uses quantitative data for
solving, analyzing, and interpreting
information to improve business decisions. It
is beneficial for the strategic decision-making
and improved operational efficiency of a
business to attain greater revenue.
Good Data Noise

Messy Data Business


Insight
Garbage Data Noise
DESCRIPTIVE DIAGNOSTIC PREDICTIVE PRESCRIPTIVE

Interprets key Use of data to Analyzes the Applies past data


performance understand the potential business to improve future
indicators to cause or impact of trends and their business
perceive the trends a certain variable impact on a outcomes.
and correlate them and determine the future outcome.

with the present root cause of an

condition of a occurrence.
business.
BUSINESS DATA BUSINESS
ANALYTICS SCIENCE INTELLIGENCE

STATISTICAL STUDY DATA SCIENCE FOCUSED ON


OF BUSINESS DATA USES ANALYTICS TO CURRENT AND
TO GAIN INSIGHTS INFORM DECISION- PAST EVENTS THAT
MAKING ARE CAPTURED IN
THE DATA.
BUSINESS ANALYTICS:

DATA SCIENCE
AN ANALYTIC APPLICATION AND RESEARCH BY MEANS OF STATISTICS,
SCIENTIFIC TECHNIQUES, ARTIFICIAL INTELLIGENCE, AND DATA ANALYSIS, TO
EXTRACT VALUABLE INFORMATION FROM DATA.
Importance of data science
Business Intelligence for Making Smarter
Decisions
Making Better Products
Managing Businesses Efficiently
Predictive Analytics to Predict Outcomes
Leveraging Data for Business Decisions
Assessing Business Decisions
Automating Recruitment Processes
Data science Venn Diagram

Drew Conway
Hacking Skills/ IT
Hacking requires great coding skills. Coding is important
because it helps you to gather and prepare the data because a lot of
data is unstructured or present in unusual formats.
Math and Statistics Knowledge
After collecting and preparing the data, now comes the part of
extracting the insights from it. Mathematics is important for analyzing
the data.
Domain Expertise
For applying Data Science, you need to have an understanding
of the right questions to ask to collect the data and discover insights
from it.
BUSINESS ANALYTICS:

BUSINESS INTELLIGENCE
TECHNOLOGY-DRIVEN PROCESS FOR ANALYZING DATA AND DELIVERING
ACTIONABLE INFORMATION THAT HELPS EXECUTIVES, MANAGERS AND
WORKERS MAKE BUSINESS DECISIONS. -TECHTARGET
1 2
TECHNICAL SET OF TOOLS THAT
SOFTWARE USED TO PROVIDE INSTANT
TRANSFORM DATA ACCESS TO
INTO CONCRETE COMPREHENSIVE
INSIGHTS INSIGHTS
TYPES OF BUSINESS
INTELLIGENCES
DATA
MINING
THROUGH DATABASES, STATISTIC AND
MACHINE LEARNING TO SEE WHAT
ARE THE TRENDS IN LARGE
QUANTITIES OF DATA
REPORTING

DONE DURING MEETINGS, IS THE


SHARING OF DATA ANALYSIS TO THEIR
SHAREHOLDERS TO CONJURE UP
SOLID CONCLUSIONS OR DECISIONS
PERFORMANCE
METRICS &
BENCHMARKING

THE COMPARISON OF CURRENT DATA


TO PAST DATA, USED TO TRACK
WHETHER THE BUSINESS IS ON THE
WAY TO THEIR PROJECTED GOAL
DESCRIPTIVE
ANALYSIS

USING DATA ANALYSIS TO COME UP


WITH A DESCRIPTION OF RECENT
EVENTS
QUERYING

SIMPLY ASKING BASED OF OF DATA


SETS, PULLING THE ANSWERS FROM
THE DATASETS
STATISTICAL
ANALYSIS

THE RESULTS OF DESCRIPTIVE


ANALYSIS ARE EXPLORED FURTHER
USING STATISTICS TO FIND OUT WHY
A CERTAIN TREND STARTED OR
STOPPED
DATA
VISUALIZATION

DATA ANALYZED IS SHOWN AS


CHARTS OR GRAPHS, BASICALLY
TURNING DATA INTO VISUAL
REPRESENTATIONS THAT CAN BE
UNDERSTOOD EASILY
VISUAL
ANALYSIS
BASICALLY VISUAL STORYTELLING,
REPRESENTED THROUGH
COMMUNICATION OF INSIGHTS THAT
GOES AROUND THE ANALYSIS OF
DATA
DATA
PRESENTATION

THE COMPILATION OF SEVERAL DATA


SOURCES TO THE IDENTIFY THE
DIMENSIONS & MEASUREMENTS AND
THEN PREPARED FOR ANALYSIS
IMPORTANCE OF
HELPS COMPANIES IN
BUSINESS MAKING DECISIONS
INTELLIGENCE THROUGH THE USE OF
CURRENT AND HISTORICAL
DATA

PROVIDES PERFORMANCE
AND COMPETITOR
ANALYSES SO THAT THE
BUSINESS CAN RUN
SMOOTHER AND
EFFICIENTLY
ANALYZE
EASILY IDENTIFY WAYS TO
INCREASE PROFIT CUSTOMER
BEHAVIOR

DATA COMPARISON
PERFORMANCE
AGAINST
TRACKING
COMPETITORS
EFFICIENT OPERATIONS

SPOTTING MARKET TRENDS

DISCOVER PROBLEMS
INSIDE THE BUSINESS
RELATIONSHIP BETWEEN
BI AND BA
GIVES AN IDEA
WHAT THEY
WHAT ARE SHOULD BE
BI IS USED BY
SHOWS THE CURRENT DONE TO
ANALYSTS TO
DESCRIPTIVE AND CREATE
PREDICT THE
ASPECTS HISTORICAL BETTER
FUTURE
DATA OUTCOMES
FOR
BUSINESSES
TL:DR

EXPLAIN TO TO ME LIKE
IM 5 YEARS OLD
BASICALLY. IT IS THE TOOLS OR METHODS THAT ARE
USED BY COMPANIES TO SHOW THEM
WHAT HAS HAPPENED AND WHAT IS
HAPPENING.

SO THAT THEY CAN MAKE GOOD


DECISIONS THAT CAN POSITIVELY AFFECT
THEIR COMPANY IN THE FUTURE.

BE IT GAIN MONEY OR IMPROVE SERVICES


EXAMPLE 1
A STORE BOUGHT 50 CANDIES AND
LISTED HOW MUCH THEY SOLD
YESTERDAY AND TODAY

THE LIST SAYS THEY SOLD 10


YESTERDAY AND 20 TODAY

THEN COMES THE DECISION MAKING,


WHETHER THEY SHOULD KEEP SELLING
THAT CANDY
EXAMPLE 2
YOU ARE GIVEN YOUR FAVORITE
CANDY

BASED ON THE LAST TIME YOU HAD


THE SAME CANDY YOU GOT SO HYPED
UP THEN ENDED UP FEELING SO TIRED
AFTERWARDS THATS HOW BUSINESS
INTELLIGENCE WORKS

NOW WOULD YOU EAT IT OR NOT?


THATS BUSINESS ANALYTICS
Data science VS Business intelligence

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