Business Analysis : Business Analytics

Organizations are competing on analytics not just because they can- business today is awash in data and data crunchers- but also because they should. At a time when firms in many industries offer similar products and services, and use comparable technologies, businesses are among the last remaining points of differentiation. And analytics competitors wring every last drop of value from those processes. So, like other companies, they know what products their customers want, the prices they are willing

In times where analytics is being used everywhere I think it is high time that universities and colleges all over the world start using analytics to become an analytical competitor. Anna University, College of Engineering Guindy, where I studied is one of the 523 engineering colleges affiliated to Anna University in the state of Tamil Nadu, India. Competing on analytics would help CEG to differentiate itself among the 523 colleges. The college was started early in the year 1930’s, so there are large

Business analysis is a significant aspect of any business and company. This is mainly because change is the only constant thing that needs to be constantly dealt with. Change can happen in both your target market and in the industry your business or company belongs to, and for your business to survive and succeed despite these changes, proper business analysis must be conducted at the right time. In such a cutthroat business environment, business analysis is essential in order to maintain competitiveness

helped me make the right moves. Years later, working at a management consulting startup as a business analyst, I helped clients, ranging fledgling startups to industry leaders, make well-informed decisions by providing them with data-backed business intelligence. Today, with over three years’ experience in Management and IT consulting I feel prepared to make the most out of a Master’s program in business analytics that would help me realize the power that data and the value that could be extracted from

Perhaps not unlike many other organizations operating before the widespread use of powerful personal computing platforms and the internet, AMT was slow to move into the realm of business intelligence with analytical rigor. Around 2009 things started to change dramatically with AMT’s focus on leveraging data and information. At that time the organization hired a new president to lead the industry. He had come to the association from

Brief Overview of Business Intelligence and How Walmart Uses It Walmart is the biggest retailer in the world and handles more than one million customer transactions every hour and generates more than 2.5 petabytes of data storage (Venkatraman & Brooks, 2012). To put this into perspective, this data is equivalent to 167 times the number of books in America’s Library of Congress (Venkatraman & Brooks, 2012). So how can Wal-Mart use this massive amount of data and what useful information

divisions for AC Lordi Consulting include Business Advisory, Accounting and Risk Management. In regards to other consulting firms, AC Lordi Consulting tends to be on the smaller side with less than one hundred employees and $20 million generated annually in revenues. This allows for our bigger clients to have a more personal relationship with the firm and become a top priority. Business Analytics and Reporting is one of the key focuses of the Business Advisory department, which I am currently apart

only one of the benchmarks of measuring my deemed success at _________ University. With the use of business information resources, the information revolution is here - It creates a competitive advantage by providing companies with new ways to outperform their competitors.

problems and the reasoning for diving into analytics. As a firm, why do you want to engage in analytics? Do you have the full support of the firm to include analytics in the decision making process? What are some of the issues that can be improved through the measures of data? What are you specifically trying to accomplish? What is the quality of the data being measured? These are all key questions that need to be answered before engaging in any sort of analytics and reporting. It’s important to remember

Describe your company 's (client’s) progress within each stage of competing on analytics. As a data consulting firm, it is tough not to consider my company as an analytical competitor. We regularly conduct webinars and trainings to stay ahead of this constantly evolving industry. We have teams creating algorithms that produce forecasting models within 99% confidence windows, while other teams are exploring different ways to enhance live data for every client. Data is “the primary driver of performance