Business Analytics is the technique by which businesses make use of statistical methods and technologies for examining and interpreting historical data for the purpose of acquiring new insight and improving strategic decision-making.
DurationBusiness Analytics is the technique by which businesses make use of statistical methods and technologies for examining and interpreting historical data for the purpose of acquiring new insight and improving strategic decision-making.
According to Gartner, world’s leading research and advisory company, Business Analytics is composed of the solutions used to formulate analysis models and simulations to generate scenarios, acknowledge the reality and predict the future. There are various types of Business Analytics namely descriptive, prescriptive, predictive and diagnostic.
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The significance of Data Science and Analytics in the contemporary digital era is profound, acting as a pivotal factor in shaping the strategic decisions of organizations across various sectors.
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