Smart Data Collective

JUNE 16, 2022

However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE. They are using analytics to help drive business growth.

Business Analytics 135

Business Analytics Analytics Forecasting Business Analysis 135

datapine

MAY 27, 2020

For an analytical-style report format to work it its optimum capacity, selecting the right KPI template to build up your performance and business goals – is vital. This is an essential component of making sure that you get the structure of an analytical report just right. Sales: How to exceed targets next year?

Reporting 245

Reporting Analytics Dashboards Sales 245

Occam's Razor

MARCH 10, 2015

In a Q&A after a keynote a couple of years ago, I was asked: " When will traditional business analysis subsume the web analytics silo? " " My reply: " All business will ultimately be digital, so, if anything, web analytics will subsume business analysis! " No digital.

Strategy 153

Strategy Analytics Measurement Business Analysis 153

Smarten

JUNE 29, 2018

How Can Multiple Linear Regression Be Helpful for Business Analysis? If we consider the use cases below, we can see the value of Multiple Linear Regression analysis. Business Problem: An ecommerce company wants to measure the impact of product price, product promotions, and holiday seasonality on product sales.

Business Analysis 40

Business Analysis IT Sales Statistics 40

Smarten

JUNE 29, 2018

How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Marketing – Have sales increased following a particular campaign? Let’s look at two use cases to better understand the benefit of this technique in business analysis.

Business Analysis 40

Business Analysis Testing Statistics Advertising 40

Smarten

JUNE 29, 2018

How Does Frequent Pattern Mining Support Business Analysis? This method of analysis can be useful in evaluating data for various business functions and industries. Basket Data Analysis – To analyze the association of purchased items in a single basket or single purchase. Confidence (milk->bread) = 0.5

Business Analysis 40

Business Analysis IT Business Intelligence Sales 40

IBM Big Data Hub

OCTOBER 19, 2023

According to Chandak, “IBM Planning Analytics significantly simplified tasks by offering comprehensive governance throughout the entire budgeting process and unlocked substantial value for the organization. Notably, the team’s around-the-clock availability led to significant customer satisfaction.

Forecasting 91

Forecasting Data-driven Business Analysis Sales 91