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Business Analytics

In preparation what is business analytics and how organization use business analytics to achieve there objective.<br><br>

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Business Analytics

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  1. Business Analytics

  2. Introduction Business analytics is a set of mathematical and operations analysis tools, as well as artificial intelligence, information technology, and management methods, that are used to frame a business challenge, gather data, and analyse it in order to add value to companies. Most businesses made strategic choices based on "opinions" rather than data interpretation in the early twentieth century. Opinion- based decision-making is dangerous and often contributes to poor outcomes. One of the main goals of market analytics is to use data mining to increase the efficiency of decision making.

  3. Components of Business Analytics Data Science Business Context Technology's

  4. Business Context Market analytics initiatives begin with an understanding of the business environment and the organization's desire to pose the right questions. Technology We need evidence to figure out whether a client is pregnant or whether they failed to buy anything. Under all scenarios, the customer's previous sales must be documented at the point of sale. Data capture, recording, planning, review, and sharing was all done with the help of information technology (IT). Automation of actionable items resulting from computational models is a key output of analytics; automation of actionable items is typically accomplished by technology.

  5. Data Science The most critical part of analytics is data science, which includes computational and operations analysis approaches, as well as artificial learning and deep learning algorithms. The aim of the data science part of analytics is to determine the most suitable mathematical model/machine learning algorithm that can be used to solve a problem. Business analytics can be grouped into three types: 1 Descriptive analytics 2 Predictive analytics 3 Prescriptive analytics

  6. About Us LearnBay is a Bangalore based Data Science Institute which is dedicated to help students , professionals to become Industry – ready in Data Science. LearnBay provides IBM Certificates in Data Science. Our Key features are : 200 + Hours of classroom sessions Live classes with recording of all the classes Flexibility in Scheduling classes Class strength not more than 10 Highly qualified trainers 12+ Real time project and case studies Job Assistance – Resume building, mock interview and job referrals https://www.learnbay.in/

  7. Contact Us Address : Learnbay,19/1,2nd Floor, Classic Aura(Beside Aricent),Marathahalli - Outer Ring Road,Kadubeesanahalli, Bengaluru, Karnataka } Email : contact@learnbay.in Cell No :+918861279311 } } }

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