SlideShare a Scribd company logo
1 of 15
Data Analytics
The Role of Data Analytics in
Digital Business and Business
Process Management
© Copyright 2019. BPMInstitute.org. All rights reserved
4 Key Areas of Data Analytics
Area Description
Data Process to Data Assets Understanding the life cycle of data and recognizing
or creating data assets from that data or the analysis
of that data
Statistical Analysis The analytics and mathematical operations used for
analysis on sets of data
Data Management and Data Governance The processes for managing and protecting data and
data assets
Data Visualization How to tell the story of your data and data analysis in
order to gain insights for your organization
Types of
Data
https://en.wikipedia.org/wiki/Data
Data Analytics?
From Wikipedia
• Data analysis is a process of inspecting,
cleansing, transforming, and modeling
data with the goal of discovering useful
information, informing conclusions,
and supporting decision-making…. In
today's business, data analysis is
playing a role in making decisions more
scientific and helping the business
achieve effective operation.
Data Analytics in
Digital Business
• Combined with Social, Mobile, and Cloud
technologies, analytics is creating a
competitive advantage in digital business
(SMAC)
• Artificial intelligence applications
• Voice recognition
• Ecommerce
• News feeds
• Advertising customization
• Banking applications
• Big data applications
Types of Data Analytics
Descriptive: describing what happened
Diagnostic: explaining why something
happened
Predictive: anticipating the future
Prescriptive: attempting to change the future
Predictive Analytics Process
©Joanne Carswell 2019
Goals for Data
Management
• Quality
• Accessibility
• Availability
• Reliability
• Performance
• Maintainability
• Timeliness
• Gain insights into business
• Better business decisions
Components of Data Management
Security Quality Storage Usage
Software
Engineering
Goals for Data
Governance
• Increase compliance
• Improve security
• Maximize use of data as an asset
• Increase consistency between
data assets
• Create structure for use of data
• Create accountability for data
quality
Components of Data Governance
Ethics
Compliance
Management
Disaster
Recovery
Security
Asset
Management
What is a Visual?
• Any graph, chart, report, table, or text used to allow
analysis on data or view results of analysis
• Uses
• Initial analysis
• Display the results of analysis
• Communicate findings
• Provide insights
• Benefits
• Communicate findings easier
• Create discussions
• Inform all levels of the organization
• Easier to understand
• Realizes patterns
• Allows you to tell the data story
Data Analytics Certificate Program: Four Courses
Area Class Description
Data Process to Data Assets Data Analytics 101
Using Data to Provide Insights for
Your Organization
Understanding the life cycle of data and
recognizing or creating data assets from
that data or the analysis of that data
Statistical Analysis Statistics for Data Analytics
Using Statistics to Gain Business
Insights
The analytics and mathematical
operations used for analysis on sets of
data
Data Management and Data
Governance
Data Management and Data
Governance
Managing and Protecting Data
Assets for Your Organization
The processes for managing and
protecting data and data assets
Data Visualization Visualizations for Data Analytics
Choosing the Best Visuals to Create
Data Insights
How to tell the story of your data and
data analysis in order to gain insights
for your organization
More About Digital Customer Experience
Data Analytics is a program available from
BPMInstitute.org and part of a digital business
certificate program.
To learn more, please visit:
www.bpminstitute.org/learning-paths
Schedule a complimentary consultation:
www.bpminstitute.org/schedule-appointment
© Copyright 2019. BPMInstitute.org. All rights reserved
Data Analytics
Connecting Data Analytics to
Digital Business and Business
Process Management
© Copyright 2019. BPMInstitute.org. All rights reserved

More Related Content

What's hot

Business Intelligence And Business Analytics | Management
Business Intelligence And Business Analytics | ManagementBusiness Intelligence And Business Analytics | Management
Business Intelligence And Business Analytics | ManagementTransweb Global Inc
 
Data Mining Techniques
Data Mining TechniquesData Mining Techniques
Data Mining TechniquesHouw Liong The
 
Analysing Qualitative Data
Analysing Qualitative DataAnalysing Qualitative Data
Analysing Qualitative DataMike Crabb
 
Data mining techniques unit 1
Data mining techniques  unit 1Data mining techniques  unit 1
Data mining techniques unit 1malathieswaran29
 
Introduction to-data-mining chapter 1
Introduction to-data-mining  chapter 1Introduction to-data-mining  chapter 1
Introduction to-data-mining chapter 1Mahmoud Alfarra
 
APPLIED DATABASE III - Modul Data Preprocessing
APPLIED DATABASE III - Modul Data PreprocessingAPPLIED DATABASE III - Modul Data Preprocessing
APPLIED DATABASE III - Modul Data PreprocessingDEDE IRYAWAN
 
MIS 02 foundations of information systems
MIS 02  foundations of information systemsMIS 02  foundations of information systems
MIS 02 foundations of information systemsTushar B Kute
 
Data Analytics
Data AnalyticsData Analytics
Data AnalyticsRavi Nayak
 
Ethics in Data Management.pptx
Ethics in Data Management.pptxEthics in Data Management.pptx
Ethics in Data Management.pptxRavindra Babu
 
Data Analytics PowerPoint Presentation Slides
Data Analytics PowerPoint Presentation SlidesData Analytics PowerPoint Presentation Slides
Data Analytics PowerPoint Presentation SlidesSlideTeam
 
Introduction to data mining technique
Introduction to data mining techniqueIntroduction to data mining technique
Introduction to data mining techniquePawneshwar Datt Rai
 
Data mining
Data mining Data mining
Data mining AthiraR23
 
Data Discovery and Visualization
Data Discovery and VisualizationData Discovery and Visualization
Data Discovery and VisualizationDr. Neil Brittliff
 
Data Science - Part XI - Text Analytics
Data Science - Part XI - Text AnalyticsData Science - Part XI - Text Analytics
Data Science - Part XI - Text AnalyticsDerek Kane
 
Business intelligence architectures.pdf
Business intelligence architectures.pdfBusiness intelligence architectures.pdf
Business intelligence architectures.pdfAnand572211
 
Introduction To Data Mining
Introduction To Data Mining   Introduction To Data Mining
Introduction To Data Mining Phi Jack
 

What's hot (20)

Business Intelligence And Business Analytics | Management
Business Intelligence And Business Analytics | ManagementBusiness Intelligence And Business Analytics | Management
Business Intelligence And Business Analytics | Management
 
Data Mining Techniques
Data Mining TechniquesData Mining Techniques
Data Mining Techniques
 
Analysing Qualitative Data
Analysing Qualitative DataAnalysing Qualitative Data
Analysing Qualitative Data
 
Data mining techniques unit 1
Data mining techniques  unit 1Data mining techniques  unit 1
Data mining techniques unit 1
 
Introduction to-data-mining chapter 1
Introduction to-data-mining  chapter 1Introduction to-data-mining  chapter 1
Introduction to-data-mining chapter 1
 
Big data ppt
Big data pptBig data ppt
Big data ppt
 
APPLIED DATABASE III - Modul Data Preprocessing
APPLIED DATABASE III - Modul Data PreprocessingAPPLIED DATABASE III - Modul Data Preprocessing
APPLIED DATABASE III - Modul Data Preprocessing
 
MIS 02 foundations of information systems
MIS 02  foundations of information systemsMIS 02  foundations of information systems
MIS 02 foundations of information systems
 
Data Analytics
Data AnalyticsData Analytics
Data Analytics
 
Ethics in Data Management.pptx
Ethics in Data Management.pptxEthics in Data Management.pptx
Ethics in Data Management.pptx
 
Data Analytics PowerPoint Presentation Slides
Data Analytics PowerPoint Presentation SlidesData Analytics PowerPoint Presentation Slides
Data Analytics PowerPoint Presentation Slides
 
Introduction to data mining technique
Introduction to data mining techniqueIntroduction to data mining technique
Introduction to data mining technique
 
Data mining
Data mining Data mining
Data mining
 
Data Discovery and Visualization
Data Discovery and VisualizationData Discovery and Visualization
Data Discovery and Visualization
 
Data Science - Part XI - Text Analytics
Data Science - Part XI - Text AnalyticsData Science - Part XI - Text Analytics
Data Science - Part XI - Text Analytics
 
Business intelligence architectures.pdf
Business intelligence architectures.pdfBusiness intelligence architectures.pdf
Business intelligence architectures.pdf
 
Introduction To Data Mining
Introduction To Data Mining   Introduction To Data Mining
Introduction To Data Mining
 
Business Analytics
 Business Analytics  Business Analytics
Business Analytics
 
Data Science
Data ScienceData Science
Data Science
 
Data Storage & Preservation
Data Storage & PreservationData Storage & Preservation
Data Storage & Preservation
 

Similar to Data Analytics Role in Digital Business & Business Process Management

Data Analytics Course in Chennai-January
Data Analytics Course in Chennai-JanuaryData Analytics Course in Chennai-January
Data Analytics Course in Chennai-JanuaryDataMites
 
Data Analytics Certification in Pune-January
Data Analytics Certification in Pune-JanuaryData Analytics Certification in Pune-January
Data Analytics Certification in Pune-JanuaryDataMites
 
Introduction to Business and Data Analysis Undergraduate.pdf
Introduction to Business and Data Analysis Undergraduate.pdfIntroduction to Business and Data Analysis Undergraduate.pdf
Introduction to Business and Data Analysis Undergraduate.pdfAbdulrahimShaibuIssa
 
Introduction to visualizing Big Data
Introduction to visualizing Big DataIntroduction to visualizing Big Data
Introduction to visualizing Big DataDawit Nida
 
Introduction to Data Analytics - PPM.pptx
Introduction to Data Analytics - PPM.pptxIntroduction to Data Analytics - PPM.pptx
Introduction to Data Analytics - PPM.pptxssuser5cdaa93
 
Data Science Training in Chandigarh h
Data Science Training in Chandigarh    hData Science Training in Chandigarh    h
Data Science Training in Chandigarh hasmeerana605
 
how to successfully implement a data analytics solution.pdf
how to successfully implement a data analytics solution.pdfhow to successfully implement a data analytics solution.pdf
how to successfully implement a data analytics solution.pdfbasilmph
 
Gse uk-cedrinemadera-2018-shared
Gse uk-cedrinemadera-2018-sharedGse uk-cedrinemadera-2018-shared
Gse uk-cedrinemadera-2018-sharedcedrinemadera
 
Introductions to Business Analytics
Introductions to Business Analytics Introductions to Business Analytics
Introductions to Business Analytics Venkat .P
 
Data Analytics Course In Delhi-November
Data Analytics Course In Delhi-NovemberData Analytics Course In Delhi-November
Data Analytics Course In Delhi-NovemberDataMites
 
Data Analytics Course In Hyderabad-October
Data Analytics Course In Hyderabad-OctoberData Analytics Course In Hyderabad-October
Data Analytics Course In Hyderabad-OctoberDataMites
 
Data Analytics Course In Pune-October
Data Analytics Course In Pune-OctoberData Analytics Course In Pune-October
Data Analytics Course In Pune-OctoberDataMites
 
Business Intelligence and Analytics .pptx
Business Intelligence and Analytics .pptxBusiness Intelligence and Analytics .pptx
Business Intelligence and Analytics .pptxRupaRani28
 
Introduction to Data mining
Introduction to Data miningIntroduction to Data mining
Introduction to Data miningHadi Fadlallah
 
Big data
Big dataBig data
Big data26Nia
 
Data Analytics Course In Chennai-November
Data Analytics Course In Chennai-NovemberData Analytics Course In Chennai-November
Data Analytics Course In Chennai-NovemberDataMites
 

Similar to Data Analytics Role in Digital Business & Business Process Management (20)

KIT601 Unit I.pptx
KIT601 Unit I.pptxKIT601 Unit I.pptx
KIT601 Unit I.pptx
 
Data Analytics Course in Chennai-January
Data Analytics Course in Chennai-JanuaryData Analytics Course in Chennai-January
Data Analytics Course in Chennai-January
 
Data driven decision making
Data driven decision makingData driven decision making
Data driven decision making
 
Data Analytics Certification in Pune-January
Data Analytics Certification in Pune-JanuaryData Analytics Certification in Pune-January
Data Analytics Certification in Pune-January
 
Introduction to Business and Data Analysis Undergraduate.pdf
Introduction to Business and Data Analysis Undergraduate.pdfIntroduction to Business and Data Analysis Undergraduate.pdf
Introduction to Business and Data Analysis Undergraduate.pdf
 
Introduction to visualizing Big Data
Introduction to visualizing Big DataIntroduction to visualizing Big Data
Introduction to visualizing Big Data
 
SAS Institute: Big data and smarter analytics
SAS Institute: Big data and smarter analyticsSAS Institute: Big data and smarter analytics
SAS Institute: Big data and smarter analytics
 
Introduction to Data Analytics - PPM.pptx
Introduction to Data Analytics - PPM.pptxIntroduction to Data Analytics - PPM.pptx
Introduction to Data Analytics - PPM.pptx
 
Data Science Training in Chandigarh h
Data Science Training in Chandigarh    hData Science Training in Chandigarh    h
Data Science Training in Chandigarh h
 
how to successfully implement a data analytics solution.pdf
how to successfully implement a data analytics solution.pdfhow to successfully implement a data analytics solution.pdf
how to successfully implement a data analytics solution.pdf
 
Gse uk-cedrinemadera-2018-shared
Gse uk-cedrinemadera-2018-sharedGse uk-cedrinemadera-2018-shared
Gse uk-cedrinemadera-2018-shared
 
Introductions to Business Analytics
Introductions to Business Analytics Introductions to Business Analytics
Introductions to Business Analytics
 
Data Analytics Course In Delhi-November
Data Analytics Course In Delhi-NovemberData Analytics Course In Delhi-November
Data Analytics Course In Delhi-November
 
Data Analytics Course In Hyderabad-October
Data Analytics Course In Hyderabad-OctoberData Analytics Course In Hyderabad-October
Data Analytics Course In Hyderabad-October
 
lec1.pdf
lec1.pdflec1.pdf
lec1.pdf
 
Data Analytics Course In Pune-October
Data Analytics Course In Pune-OctoberData Analytics Course In Pune-October
Data Analytics Course In Pune-October
 
Business Intelligence and Analytics .pptx
Business Intelligence and Analytics .pptxBusiness Intelligence and Analytics .pptx
Business Intelligence and Analytics .pptx
 
Introduction to Data mining
Introduction to Data miningIntroduction to Data mining
Introduction to Data mining
 
Big data
Big dataBig data
Big data
 
Data Analytics Course In Chennai-November
Data Analytics Course In Chennai-NovemberData Analytics Course In Chennai-November
Data Analytics Course In Chennai-November
 

Recently uploaded

ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 
Romantic Opera MUSIC FOR GRADE NINE pptx
Romantic Opera MUSIC FOR GRADE NINE pptxRomantic Opera MUSIC FOR GRADE NINE pptx
Romantic Opera MUSIC FOR GRADE NINE pptxsqpmdrvczh
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxiammrhaywood
 
Gas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptxGas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptxDr.Ibrahim Hassaan
 
Planning a health career 4th Quarter.pptx
Planning a health career 4th Quarter.pptxPlanning a health career 4th Quarter.pptx
Planning a health career 4th Quarter.pptxLigayaBacuel1
 
Grade 9 Q4-MELC1-Active and Passive Voice.pptx
Grade 9 Q4-MELC1-Active and Passive Voice.pptxGrade 9 Q4-MELC1-Active and Passive Voice.pptx
Grade 9 Q4-MELC1-Active and Passive Voice.pptxChelloAnnAsuncion2
 
Judging the Relevance and worth of ideas part 2.pptx
Judging the Relevance  and worth of ideas part 2.pptxJudging the Relevance  and worth of ideas part 2.pptx
Judging the Relevance and worth of ideas part 2.pptxSherlyMaeNeri
 
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptxMULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptxAnupkumar Sharma
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersSabitha Banu
 
Keynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-designKeynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-designMIPLM
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Celine George
 
Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatYousafMalik24
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfUjwalaBharambe
 
Atmosphere science 7 quarter 4 .........
Atmosphere science 7 quarter 4 .........Atmosphere science 7 quarter 4 .........
Atmosphere science 7 quarter 4 .........LeaCamillePacle
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.arsicmarija21
 

Recently uploaded (20)

ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 
Romantic Opera MUSIC FOR GRADE NINE pptx
Romantic Opera MUSIC FOR GRADE NINE pptxRomantic Opera MUSIC FOR GRADE NINE pptx
Romantic Opera MUSIC FOR GRADE NINE pptx
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
 
Gas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptxGas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptx
 
Planning a health career 4th Quarter.pptx
Planning a health career 4th Quarter.pptxPlanning a health career 4th Quarter.pptx
Planning a health career 4th Quarter.pptx
 
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
Grade 9 Q4-MELC1-Active and Passive Voice.pptx
Grade 9 Q4-MELC1-Active and Passive Voice.pptxGrade 9 Q4-MELC1-Active and Passive Voice.pptx
Grade 9 Q4-MELC1-Active and Passive Voice.pptx
 
Judging the Relevance and worth of ideas part 2.pptx
Judging the Relevance  and worth of ideas part 2.pptxJudging the Relevance  and worth of ideas part 2.pptx
Judging the Relevance and worth of ideas part 2.pptx
 
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptxMULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginners
 
OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 
Keynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-designKeynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-design
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17
 
Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice great
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
 
Atmosphere science 7 quarter 4 .........
Atmosphere science 7 quarter 4 .........Atmosphere science 7 quarter 4 .........
Atmosphere science 7 quarter 4 .........
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
9953330565 Low Rate Call Girls In Rohini Delhi NCR
9953330565 Low Rate Call Girls In Rohini  Delhi NCR9953330565 Low Rate Call Girls In Rohini  Delhi NCR
9953330565 Low Rate Call Girls In Rohini Delhi NCR
 
AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.
 

Data Analytics Role in Digital Business & Business Process Management

  • 1. Data Analytics The Role of Data Analytics in Digital Business and Business Process Management © Copyright 2019. BPMInstitute.org. All rights reserved
  • 2. 4 Key Areas of Data Analytics Area Description Data Process to Data Assets Understanding the life cycle of data and recognizing or creating data assets from that data or the analysis of that data Statistical Analysis The analytics and mathematical operations used for analysis on sets of data Data Management and Data Governance The processes for managing and protecting data and data assets Data Visualization How to tell the story of your data and data analysis in order to gain insights for your organization
  • 4. Data Analytics? From Wikipedia • Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making…. In today's business, data analysis is playing a role in making decisions more scientific and helping the business achieve effective operation.
  • 5. Data Analytics in Digital Business • Combined with Social, Mobile, and Cloud technologies, analytics is creating a competitive advantage in digital business (SMAC) • Artificial intelligence applications • Voice recognition • Ecommerce • News feeds • Advertising customization • Banking applications • Big data applications
  • 6. Types of Data Analytics Descriptive: describing what happened Diagnostic: explaining why something happened Predictive: anticipating the future Prescriptive: attempting to change the future
  • 8. Goals for Data Management • Quality • Accessibility • Availability • Reliability • Performance • Maintainability • Timeliness • Gain insights into business • Better business decisions
  • 9. Components of Data Management Security Quality Storage Usage Software Engineering
  • 10. Goals for Data Governance • Increase compliance • Improve security • Maximize use of data as an asset • Increase consistency between data assets • Create structure for use of data • Create accountability for data quality
  • 11. Components of Data Governance Ethics Compliance Management Disaster Recovery Security Asset Management
  • 12. What is a Visual? • Any graph, chart, report, table, or text used to allow analysis on data or view results of analysis • Uses • Initial analysis • Display the results of analysis • Communicate findings • Provide insights • Benefits • Communicate findings easier • Create discussions • Inform all levels of the organization • Easier to understand • Realizes patterns • Allows you to tell the data story
  • 13. Data Analytics Certificate Program: Four Courses Area Class Description Data Process to Data Assets Data Analytics 101 Using Data to Provide Insights for Your Organization Understanding the life cycle of data and recognizing or creating data assets from that data or the analysis of that data Statistical Analysis Statistics for Data Analytics Using Statistics to Gain Business Insights The analytics and mathematical operations used for analysis on sets of data Data Management and Data Governance Data Management and Data Governance Managing and Protecting Data Assets for Your Organization The processes for managing and protecting data and data assets Data Visualization Visualizations for Data Analytics Choosing the Best Visuals to Create Data Insights How to tell the story of your data and data analysis in order to gain insights for your organization
  • 14. More About Digital Customer Experience Data Analytics is a program available from BPMInstitute.org and part of a digital business certificate program. To learn more, please visit: www.bpminstitute.org/learning-paths Schedule a complimentary consultation: www.bpminstitute.org/schedule-appointment © Copyright 2019. BPMInstitute.org. All rights reserved
  • 15. Data Analytics Connecting Data Analytics to Digital Business and Business Process Management © Copyright 2019. BPMInstitute.org. All rights reserved

Editor's Notes

  1. Discuss with class: What data fields are collected for each of these types? Write on flipchart some examples of each.
  2. Many of the statistical models are too complex for this class; we will start out with very basic ones that will allow you to get a foundation in the subject If time permits, spend some time on these steps; if not, discuss only modeling steps Define objective: What do you want to predict? Collect data: Find the right data for your insights needed Prepare data: What changes need to occur to the data Determine the model: Decide on the model and apply it Deploy of model: Put the model into production Monitor the model: Verifying any changes over time