Business Analytics with Big Data : A Complete Guide
- 2.5 hours on-demand video
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
Get your team access to 4,000+ top Udemy courses anytime, anywhere.Try Udemy for Business
- Regardless of your industry or profession, student will walk away from this course confident in the ability to: understand exactly what kind of data businesses are dealing with; conduct preliminary analysis; and design interventions using that analysis that are intended to change behavior.
- Understand about Big Data, Social Analytics.
- Understand about various types of analytics.
- Understand the significance of Analytics in Business perspective.
- No technical knowledge is required. The student should be having brief knowledge of Business and business terminology.
This course is all about Business Analytics which gives exposure to various types of Business analytics, types of data, data sources, understanding of Big data and Big data analytics and Social Media as well as Social Media Analytics.
While going through this course student often find Business terminologies, several technical aspects, Big Data as well as Social Media related details.
This course contains 8 Sections covering various topics with 35 video lectures and several quiz sections for testing your knowledge. Curriculum is systematically arranged in such a way that student will feel the flow of the subject making understanding easy.
Entire course is close to 3 hours of engaging lectures. Every video has graphical representation which keeps students engaged to the topic.
Course is structured in a flawless manner. Starts with a brief about course provider. That followed by reasons why student should take this course. Post explaining this new section starts with Introduction, significance of Business Analytics to Business, Data and understanding of Data, Big data concepts and details about Social media analytics.
One has to take this course as huge volume of Data brings endless opportunities with it . Data is an asset with enormous Insights hidden within it . To bring value out of Data and to transform it to Information and knowledge we need to understand Business and Data analytics along with tools associated with it.
According to a 2015 MIT Sloan Management Review, 40 percent of the companies surveyed were struggling to find and retain the analytics talent. And the picture is starting to look even bleaker.
International Data Corporation (IDC) predicts a need by 2018 for 181,000 people with deep analytical skills in the United States alone and a requirement five times that number for jobs with the need for data management and interpretation skills.
Regardless of your industry or profession, you’ll walk away from this course confident in your ability to: understand exactly what is Business Analytics, what kind of data you are dealing with in your role; what are the benefits how can you convert the data into knowledge for informed decision making within a Business.
This course prepares you for the career of tomorrow!
- Specific roles that would benefit include, but are not limited to: Analysts and Analytics Managers; Consultants; Software Engineers, Developers and Programmers; Enterprise Architects and other systems specialists; Directors with data-intensive portfolios and CEOs, especially those in the IT industry; Data Scientists and Engineers looking to transition into such a role; and Researchers and Project Managers who work with large data sets.
- This may not not be a right course for expert data analysts who are already into this profession.
Know about things we are going to learn in this section.
Business Analytics can be applied in varied businesses for informed decision-making. It can be extensively used in market analysis, consumer behaviour, social network, financial data analysis, crime detection departments, medical sciences, network and cyber security, retail and supply chains and many more areas. This lecture explains all about applications of Business Analytics.
The term ‘analytics’ in Business Analytics provides insights into obtaining, describing, visualising and using data for making right decisions and combating uncertainties. BA can be used for speeding up the decision-making process, reducing the margin of errors and gaining control over business processes. In the lecutre we will understand the benefits of Business Analytics.
During the 19th century, Frederick Winslow Taylor , known as the father of scientific management, initiated time management exercises to improve business efficiency. BA has been used since then in businesses for effective and measured decision-making. However, analytics became more prevalent when Decision Support Systems (DSS) were used for making decisions. BA evolved with the advancement of hardware and software tools and applications such as Enterprise Resource Planning (ERP) systems and data warehouses. In the lecture we will understand how BA has evolved over the period of time.
Within Business Analytics there are manu types catering various requirements of the organization to make informed decisions. This lecture deals with all of them.
Business Analytics has become an important component required for the overall success of most modern businesses. Organisations cutting across varied business domains are realising the increasing benefits from analytics. This lecture provides an view on how it is benefiting business with practical examples.
Business analytics refers to the techniques and statistical methods used by companies to evaluate their performance while business intelligence refers to the use of computing technologies for identifying useful business data. This lecture details out differences between two.
Social Media Analytics is a Very intersting subject. In this lecture we are going to see what we are going to learn in this section.