ANALYTICS
Business Analytics \
is the scientific process of transforming \
data into insight for making better
decisions.
Camm, et al.
Business analytics:
Descriptive, Predictive, Prescriptive
Bs ANALYTICSANALYTICS
Business Analytics
is “delivering the right decision
support to the right people and
digital processes at the right time”
Laursen, G. And Thorlund, J.
Business Analytics for Managers:
‘Taking Business Intelligence Beyond Reporting
s ANALYTICSMOHS
Data Analytics ANALYTICS
Development of various Creation of data from
options to suggest what should operational and/or
be done next transactional sources
Finding patterns to answer Consolidation of relevant data
why it happened and what toa single repository to
could likely happen next answer what happened
BAData Analytics vs Data Analysis
DataIEHAIVHES is the
practice of using
data and tools to
make business
decisions.
ANALYTICS
Data analysis, a
subcomponent of data
analytics, refers to
specific actions.iGHs
: ANALYTICS
Monitoring and Measuring the
Deciding on the course of °
action, Implementing it and 0, effects of the change, and
enabling change % planning for the next iteration
%,
%
%.
2,
%
Development of Creation of data from
various options to Business operational and/or
suggest what should transactional sources
be done next
Analytics
Finding patterns to answer Consolidation of relevant data
why it happened and what toa single repository to
could likely happen next answer what happened
Ss BADANALYTICS
Knowledge
Wisdom
p
eS AADWhat is ETL? MoHs
ETL Process
Source Systems Destination
g——CG
Extract, Transform, Load
* Extract Transform Load
: Transformation of collected data by _—Process of writing
Collecting data from
e using various logical rules, lookups or transformed data to target
muliple across varius data SCEicestotarmatitimaay nar database or data warolouse
can be placed into another database
=] ANALY HES“nee
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