What is Business Analytics

Company analytics is the set of skills, technology, and processes used to iteratively explore and investigate historical business performance in order to obtain insight and drive business model.

The process of analyzing data to gain valuable insights, which helps to develop strategies to increase productivity, reduce costs, and improve strategic decision-making.

A set of tools and methods used for execrating business insight making from the available data or system structure. It provide meaningful information with dynamic and sophisticate methods of problem solving such as optimization.

The broad use of data and quantitative analysis to make business decisions in corporations.

It is the process of working with factual information in organizations, using suitable tools and techniques to identify the nuggets of wisdom (insights) from them that can have direct impact on influencing good decision making.

The use of statistics and other operations research techniques, such as simulation, decision trees and other operations research techniques.

The broad use of data and quantitative analysis to make business decisions in corporations.

Business analytics utilizes big data and statistical and quantitative analyses to describe and investigate business performance and optimum planning.

Business intelligence involves collecting data from competitors while business analytics may be the analysis performed on this data or on the data collected through the normal process of business (such as the transaction processing system records).

A set of approaches that help organizations understand and improve business performance, based on different methods and data.

Business analytics refers to the practice of utilizing statistical techniques and technological tools to examine past data with the objective of obtaining fresh insights and enhancing the effectiveness of strategic decision-making within a company.

Process of determining and understanding the effectiveness of various organizational operations. Business analytics can be either focused on internal or external processes. Different specializations exist, encompassing most major aspects of business, including risk analysis, market analysis, and supply chain analysis.

It deals with technologies, techniques and methods for investigation, exploration and analysis of past business events and processes.

Use of data, information technology, statistical analysis, and quantitative methods and models to support organizational decision making and problem solving.

Combination of Business Intelligence processes with machine learning algorithms, applied to historical data to obtain new insights that enhance decision-making suited to the company's business.

Skills, technologies, practices for ongoing exploration and investigation of previous company performance to gain insight and drive business planning.

Refers to the development of skills and technologies, as well as applications and practices, for continuous iterative exploration, investigation, and understanding of past business performance to gain new insight and drive business planning. It aims to develop quantitative processes for a business to reach optimal decisions and to perform business knowledge discovery.

The skills, technologies, applications, and practices to continuously iteratively examine past business performance to gain insight and drive business planning. Business Analytics focuses heavily on data and statistical analysis.

The application of analytics methods to meet the needs of a business.

The analysis of a business’s data to gain insight into the business.

Business analytics refers to the use of statistical, computational and data mining techniques in functional areas of business such as marketing, finance, and operations to extract insights from data that can be used to make data driven business decisions.

A discipline in the management science that focuses on understanding the business performance and developing strategies. It involves the use of technology, skills, and applications to obtain value from data by analytical modeling and quantitative techniques.

The integration of three intelligent processes (business information, business statistics, and business models) in order to make informed decisions.

The broad use of data and quantitative analysis to make business decisions in corporations.

A process of continuously exploration of hidden patterns and insights in data.

Business analytics is the combination of skills, technologies, applications, and processes used by organizations to gain insight into their business-based data and statistics to drive business planning.