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Using Business
 Analytics To Make
 Smarter Business
    Decisions.




   By: Sadiq Ahmed Shariff S
sadiq_shariff10@hotmail.com
 What is Business Analytics..?

Analytics is the discovery and communication of
meaningful patterns in data. Especially valuable in areas
rich with recorded information, analytics relies on the
simultaneous application of statistics, computer
programming and operations research to quantify
performance. Analytics often favors data visualization to
communicate insight.
Today, businesses are confronted with a
high volume and broad range of data that requires
effective analysis so that the information can not
only be used to enhance and improve business
operations, but also provide the business with
ability to stay competitive in a business world that
has come to rely on technology to maintain
profitability.
               Now, businesses have the technology
to leverage data in order to make smarter decisions
and solve operational and management problems
in an efficient and productive manner.
Business Analysis Software Provides
      Valuable Data Analysis:
                      There      is    business
                  analytical software available
                  that allows a business to
                  gather     essential    data,
                  analyze the information in
                  order to best use the results
                  to streamline operations and
                  gain a new insight into the
                  business     operation    and
                  market.
Conti…..,
       As well, this analytical software allows a
 business to use the analyzed information to
 address and resolve marketing and operational
 problems and make more informed strategic
 business decisions. The result of using
 analyzed data is a better optimized business
 that understands what financial, marketing, and
 operational strategies have to be implemented
 in order to confidently make better current and
 future business decisions.
Business Analysis Software Improves
       Business Operations.

                           Using     business
                  analytical software allows
                  a business to make the
                  most of their collected
                  and analyzed data. For
                  instance,         analytical
                  software      allows     for
                  effective data mining.
Conti….,
         Where the information collected can be put in
  business models that can be used for such tasks as:

• Identifying patterns to help predict future outcomes,
• Making it easier to oversee and implement analytical
  business models and strategies.
• Better managing and streamlining of operational
  tasks, and analyzing and processing statistical data for
  better marketing strategies. As well, effective business
  analysis allows management to increase quality
  improvement,
• Improve operations research, and improve the ability to
  implement effective financial and marketing strategies.
Business Analysis Software Allows
   For Better Decision Making.

                   Analytical data software
              allows businesses to make
              better decisions faster and
              minimizes the risk of making
              unproductive business
              decisions. In other words, all
              aspects of the business will
              be optimized to achieve
              success.
Conti….,
• Business analytics software and services provide
  analytical applications, programs, and platforms to
  help businesses confront and resolve issues that
  are relevant to their specific industry.
• It allows business managers to create a business
  model and implement the essential strategies that
  best utilizes and leverages marketing data, improve
  the ability to access and leverage the data quickly
  and easily, and plan for future developments in the
  market and within the business.
• As well, it helps a business make better predictive
  and proactive management decisions.
 Conclusion:
• Today, businesses are faced with an overwhelming
  amount of data that can be used to improve operational
  performance. New advancements in technology have
  given businesses the ability to harness the data and
  utilize it in a way that improves business efficiency and
  gain a competitive edge.
• Businesses now have the ability acquire an effective
  business analysis by using analytical software to gather
  a diverse range of information, analyze it to find distinct
  patterns and critical variables, and better leverage the
  knowledge to increase profitability. Business analysis
  software allows a business to make smarter business
  decisions.
   Oracle
   SAP
   IBM
   MICROSOFT
   SAS
Using business analytics to make smarter business decisions (sadiq shariff10@hotmail.com)

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Using business analytics to make smarter business decisions (sadiq shariff10@hotmail.com)

  • 1. Using Business Analytics To Make Smarter Business Decisions. By: Sadiq Ahmed Shariff S sadiq_shariff10@hotmail.com
  • 2.  What is Business Analytics..? Analytics is the discovery and communication of meaningful patterns in data. Especially valuable in areas rich with recorded information, analytics relies on the simultaneous application of statistics, computer programming and operations research to quantify performance. Analytics often favors data visualization to communicate insight.
  • 3.
  • 4. Today, businesses are confronted with a high volume and broad range of data that requires effective analysis so that the information can not only be used to enhance and improve business operations, but also provide the business with ability to stay competitive in a business world that has come to rely on technology to maintain profitability. Now, businesses have the technology to leverage data in order to make smarter decisions and solve operational and management problems in an efficient and productive manner.
  • 5. Business Analysis Software Provides Valuable Data Analysis: There is business analytical software available that allows a business to gather essential data, analyze the information in order to best use the results to streamline operations and gain a new insight into the business operation and market.
  • 6. Conti….., As well, this analytical software allows a business to use the analyzed information to address and resolve marketing and operational problems and make more informed strategic business decisions. The result of using analyzed data is a better optimized business that understands what financial, marketing, and operational strategies have to be implemented in order to confidently make better current and future business decisions.
  • 7. Business Analysis Software Improves Business Operations. Using business analytical software allows a business to make the most of their collected and analyzed data. For instance, analytical software allows for effective data mining.
  • 8. Conti…., Where the information collected can be put in business models that can be used for such tasks as: • Identifying patterns to help predict future outcomes, • Making it easier to oversee and implement analytical business models and strategies. • Better managing and streamlining of operational tasks, and analyzing and processing statistical data for better marketing strategies. As well, effective business analysis allows management to increase quality improvement, • Improve operations research, and improve the ability to implement effective financial and marketing strategies.
  • 9. Business Analysis Software Allows For Better Decision Making. Analytical data software allows businesses to make better decisions faster and minimizes the risk of making unproductive business decisions. In other words, all aspects of the business will be optimized to achieve success.
  • 10. Conti…., • Business analytics software and services provide analytical applications, programs, and platforms to help businesses confront and resolve issues that are relevant to their specific industry. • It allows business managers to create a business model and implement the essential strategies that best utilizes and leverages marketing data, improve the ability to access and leverage the data quickly and easily, and plan for future developments in the market and within the business. • As well, it helps a business make better predictive and proactive management decisions.
  • 11.  Conclusion: • Today, businesses are faced with an overwhelming amount of data that can be used to improve operational performance. New advancements in technology have given businesses the ability to harness the data and utilize it in a way that improves business efficiency and gain a competitive edge. • Businesses now have the ability acquire an effective business analysis by using analytical software to gather a diverse range of information, analyze it to find distinct patterns and critical variables, and better leverage the knowledge to increase profitability. Business analysis software allows a business to make smarter business decisions.
  • 12. Oracle  SAP  IBM  MICROSOFT  SAS