Business Analytics: Identifying and Capturing Value Through Data
New York
New York
10027
United States
What You Will Learn :
- Leverage the data already collected
- Optimize millions of decisions in conjunction with thousands of business and physical constraints
- Help you think critically about data and the analyses based on those data.
- Understand how optimization can support decision-making in the presence of business constraints and a large number of alternatives.
Description
Companies such as Google, Disney, Capital One and Walmart are good examples of companies that have effectively used data analysis to drive rapid, precise and highly profitable decisions. A number of recent startups like Splunk and Palantir are based on the application of analytics to large data bases. With the increasing availability of “Big Data”, business analytics are becoming a vital capability for small and large businesses alike.
Participants of this Business Analytics course will be able to:
- Identify, evaluate and capture business analytic opportunities that are value-creating.
- Use the data to develop insights and predictive capabilities using machine learning, forecasting techniques and data mining.
- Understand how optimization can support decision-making in the presence of business constraints and a large number of alternatives.
- Explore the challenges associated with implementing analytical approaches.
Attending the program has the following benefits:
- Help you think critically about data and the analyses based on those data.
- Enable you to identify opportunities for creating value using business analytics.
- Expose you to many different applications of business analytics across sectors and industries.
- Empower you to estimate the value created using business analytics to address an opportunity.
Who is this course for?
This course is suitable for executives who need to gain a better understanding of how to leverage data. It is also ideal for those working in consulting firms whose backgrounds may be in strategy, strategic planning, or process optimization.