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M121SSL Business Analytics And Intelligence.docx

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M121SSL Business Analytics And Intelligence
Answer:
Topic: Use of Machine Learning and Data Mining to develop Business Int...
displayed, and how much they have been accessed.
Business Intelligence Applications
It is refers to the technology which h...
Classification
OLAP (Online Analytical Processing)
Clustering
Statistical Analysis
Regression
Text Mining
Outer
Data Visua...
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  1. 1. M121SSL Business Analytics And Intelligence Answer: Topic: Use of Machine Learning and Data Mining to develop Business Intelligence application for an Education Sector Introduction Today technology become the most mandatory need to every industry of different sectors. Machine learning and data mining are the techniques applied to the data set or to the computer for getting results. The use of the Business Intelligence applications brought the traditional approach of handling work to fully automatic (Tavera Romero et al.2021). Various industries are there who have been implemented BI technology to achieve higher and greater outcome. Concept Of Machine Learning (ML) The concept of Machine Learning is the science of getting the computer to the act without being programmed explicitly (Bi et al. 2019). It is also considered as the advanced innovation that helped an individual to enhance the professional and industrial processes. For example: Image Recognition: ML is used for detecting the face in a image by measuring the three pixel. Medical Diagnosis: It helps to analyze the clinical parameters in order to monitor the health condition. Concept Of Data Mining (DM) The process of data mining is used to look for the patterns, correlations, and anomalies within the large data sets in order to predict the results (Olson and Lauhoff 2019). In education sector this process enhance the learning and teaching processes. For example: Learning Management Systems (LMS): It is the IS which is used for tracking the information like when the student will access each learning object, how many times the object is being
  2. 2. displayed, and how much they have been accessed. Business Intelligence Applications It is refers to the technology which helps the business in order to analyze, contextualize, and organize the data of the business around the company (Teruel et al. 2019). There are various types of techniques and tools are there which help to convert the raw data into some meaningful information. For example: Data Visualization Software: Used to track and manage the vital metrics and KPIs that allow the user to build a dashboard. Embedded Business Intelligence Software: Integrated with the portals in order to provide capabilities like interactive dashboard, reporting, and so on. Use Of ML And DM To Develop BI In the applications of Business Intelligence, the Machine Learning is vital in order to perform tasks (Mahesh 2020). Based on the data sets present in the application, ML build an algorithm based on the pattern which is recognized from data sets. The application BI uses the technique of data mining in order to transform the raw data into some meaningful information (Gan et al.2017). It picks the information from the available data set and then compare it to assist business make decision. Business Intelligence In Education Sector The technology of Business Intelligence is used in order to deliver the data-based insights which generally underpin the 3 main areas of assessment and planning such as (Scholtz, Calitz and Haupt 2018): Administrative efficiency and effectiveness Academic student experience and outcomes Workforce moral and management BI And DM Techniques In Education Business Intelligence Technique Data Mining Technique Reporting and query tools
  3. 3. Classification OLAP (Online Analytical Processing) Clustering Statistical Analysis Regression Text Mining Outer Data Visualization Sequential Patterns
  4. 4. Prediction Association Rules Big Data Technology Big Data Technologies are generally the software utility which is designed for extracting, processing, and analyzing the information from the large data which is unstructured (Santoso 2017). This kind of data cannot be handled by using the manual data processing software. Below some of the trending big data technologies are mentioned: Artificial Intelligence NoSQL Database R Programming Data Lakes Predictive Analytics Apache Spark Advantage And Disadvantage Of ML Advantage Of ML Easily identify the patterns and trends No intervention of human required Continuous improvement Handling multi-variety of data Disadvantage Of ML Data Acquisition Resources and Time Outcome interpretation Susceptibility of high error Advantage And Disadvantage Of DM
  5. 5. Advantage of DM Disadvantage of DM Retail/ Marketing Privacy Issues Banking/ Finance Security Issues Manufacturing Misuse of inaccurate information Governments Advantage And Disadvantage Of Big Data Advantage Of Big Data Brings innovative solution Improve the research and science Improve public health and healthcare
  6. 6. Helps in sports, financial trading, etc. Disadvantage Of Big Data Cost huge money for traditional storage Several data is unstructured Increase the social stratification Case Study #1: Spreadsheet It is the computer application used for storage, organization, and analysis of the data in a tabular format. The software operates on the data which is entered in the cells of the table (Niazkar and Afzali 2017). The spreadsheet is mainly used in universities by the students in order to track their daily academic activities easily. Case Study #2 Digital Dashboard It is the type of graphical UI (User Interface) which is often helps to provide a complete view of the KPIs (Key Performance Indicators). In education sectors, teachers, students, and other staffs get benefited from it as it give them the statistics, and capabilities to perform online task (Seiler et al. 2019). Case Study #3: Data Warehouse It is the system which is generally used for data analysis and reporting and it is also considered as the key component of BI. Data Warehouses are the central repositories of the data which is integrated from more than one disparate sources. Here, all the historical and current data are stored in a single place which later used to generate report. Statistics #1 Statistics of the utilization of Business Intelligence Software: Statistics #2 Business Intelligence in a post COVID world: Future Of Business Intelligence Collaboration: It will become more collaborative in order to facilitate the teamwork. Integration: With BI, the third-party systems will be easily intertwined. Machine Learning: AI analyzes the previous data in order to give forecasting and insight. Data Productivity: The features which are focused on productivity will respond to inquires automatically and bring essential data to the users. Conclusion Business Intelligence become the necessity for many companies today because of its functioning capabilities.
  7. 7. The utilization of Business Intelligence applications helps to ease the work load, streamline the workflows, and provide predictive abilities. References Bi, Q., Goodman, K.E., Kaminsky, J. and Lessler, J., 2019. What is machine learning? A primer for the epidemiologist. American journal of epidemiology, 188(12), pp.2222-2239. Gan, W., Lin, J.C.W., Chao, H.C. and Zhan, J., 2017. Data mining in distributed environment: a survey. Wiley Interdisciplinary Reviews: Data Mining and Knowledge Discovery, 7(6), p.e1216. Mahesh, B., 2020. Machine Learning Algorithms-A Review. International Journal of Science and Research (IJSR).[Internet], 9, pp.381-386. Niazkar, M. and Afzali, S.H., 2017. Analysis of water distribution networks using MATLAB and Excel spreadsheet: h-based methods. Computer Applications in Engineering Education, 25(1), pp.129-141. Olson, D.L. and Lauhoff, G., 2019. Descriptive data mining. In Descriptive Data Mining (pp. 129-130). Springer, Singapore. Santoso, L.W., 2017. Data warehouse with big data technology for higher education. Procedia Computer Science, 124, pp.93-99. Scholtz, B., Calitz, A. and Haupt, R., 2018. A business intelligence framework for sustainability information management in higher education. International Journal of Sustainability in Higher Education. Seiler, L., Kuhnel, M., Ifenthaler, D. and Honal, A., 2019. Digital applications as smart solutions for learning and teaching at higher education institutions. In Utilizing learning analytics to support study success (pp. 157-174). Springer, Cham. Tavera Romero, C.A., Ortiz, J.H., Khalaf, O.I. and Ríos Prado, A., 2021. Business intelligence: business evolution after industry 4.0. Sustainability, 13(18), p.10026. Teruel, M.A., Maté, A., Navarro, E., González, P. and Trujillo, J.C., 2019. The New Era of Business Intelligence Applications: Building from a Collaborative Point of View. Business & Information Systems Engineering, 61(5), pp.615-634.

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