Various Advance Business Analytics Tools
Himani Deshmukh, Dulari Bhatt
Abstract
Himani Deshmukh, Dulari Bhatt
Abstract
: In “the information era, significant amounts of data have become available on hand to decision makers. Business analytics is combination of the fields of management, business and computer science. Business requires both a high-level understanding of the business as well as the practical limitations that exist. The analytical part requires an understanding of data, statistics and computer science. This combination of fields allows business analysts to bridge the gap between management and technology. Business analytics is believed to be a huge profitable factor for an organization since it helps offer timely insights over the competition, helps optimize business processes, and helps generate growth and innovation opportunities. Business Analytics Tools is made up of a set of solutions, methods, skills and practices used to gain insights for understanding current business realities and business planning. This paper aims to explain different business analytics tools present at our disposal and which one is most beneficial for us based on our organization size.”
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: In “the information era, significant amounts of data have become available on hand to decision makers. Business analytics is combination of the fields of management, business and computer science. Business requires both a high-level understanding of the business as well as the practical limitations that exist. The analytical part requires an understanding of data, statistics and computer science. This combination of fields allows business analysts to bridge the gap between management and technology. Business analytics is believed to be a huge profitable factor for an organization since it helps offer timely insights over the competition, helps optimize business processes, and helps generate growth and innovation opportunities. Business Analytics Tools is made up of a set of solutions, methods, skills and practices used to gain insights for understanding current business realities and business planning. This paper aims to explain different business analytics tools present at our disposal and which one is most beneficial for us based on our organization size.”
Key concepts: Business analytics, Analytics, Computer science, Business analysis, Data science, Business rule, New business development, Artifact-centric business process model