Business analytics

Business analytics

1. It starts with a dataset of information

2. The data is stored in computers or data werehousing

   • To centrilize the information to facilite the analytics of the data

3. It's not only analytics, it requires an impact in the business

4. Obtains the information from the systems and databases of the company.

5. Use statistical methods

   • data mining
     • Discovering patterns in large dataset

6. Type analytics

   • Descriptive
     • Focus on what happened in the past
   • Predictive
     • Use the past data to try to predict future events
   • Perspective
     • It combines the descriptive and predictive, it uses real-time data to predict results in a certain peirod of time
   • Diagnosis
     • Focus on identify why ocurred certains events in the past

7. It is the process of data processing and analysis

8. Data analytics

   • process to organize, clean and transform to discovery useful information

9. Data

   • Structured
   • Semi-structured
   • no-structured