diy business analytics
TRANSCRIPT
DIY Business AnalyticsMALMI S. AMADORU
Outline
What is Business Analytics
Big Data
Self-Serve Business Analytics
Power BI
Big Data in Action
Business Analytics in a Nutshell
Descriptive Analytics
Predictive Analytics
Gather & describe data
[Reporting]
Use past to predict future
[Investigate Why?]
Suggest a
course
of action
Prescriptive Analytics
Business Analytics Spectrum
Com
ple
xity
Business ValueLow
Low
High
Hig
h
What
happened?
Reporting
Why did it
happen?
Detective
Analysis
What’s
happening
now?Dashboards
What is likely to
happen?
Predictive
Analytics
What can
happen given the
behavior of
community? Big Data
Analytics
Big Data Analytics
Predictive Modeling with a microscope in hand
What is Big Data?
Big Data – 3Vs
Characterized by 3Vs
Volume
Velocity
Variety
[Source: http://searchcloudcomputing.techtarget.com/definition/big-data-Big-Data]
Big Data What It Means to You
https://www.youtube.com/watch?v=-Gj93L2Qa6c
Why Business Analytics?
[Source: http://www.vedamsoft.com/business_intelligence.php]
Self-Service Analytics
Targeted for any business user
Easy way to manipulate data to spot business
opportunities
No need of background in statistics or technology
DIY Business Intelligence
Power BI
Part of familiar Excel environment
Do It Yourself!
Guided learning at: https://powerbi.microsoft.com/en-us/guided-learning/
Business Analytics in Action!
