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Business Analytics Learning

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Business Analytics Learning is the practice of iterative, methodical exploration of an organization’s data, with an emphasis on statistical analysis. Business analytics is used by companies committed to data-driven decision-making. The study of data through the statistical and operations analysis, the formation of optimization techniques and the communication of these results to customers, business partners, and college executives. Business analytics (BA) refers to the skills, technologies, practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods. In contrast, business intelligence traditionally focuses on using a consistent set of metrics to both measure past performance and guide business planning, which is also based on data and statistical methods. Business analytics makes extensive use of statistical analysis, including explanatory and predictive modeling and fact-based management to drive decision making. It is therefore closely related to management science.

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Business Analytics Learning

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