Shri Dharmasthala Manjunatheswara
Institute For Management DevelopmentApproved By
BUSINESS ANALYTICS SPECIALIZATION
Learn Industry-Relevant Skills And Build A Rewarding Career In Business AnalyticsSignificance Of Business Analytics“Information Is The Oil Of The 21st Century And Analytics Is The Combustion Engine.”– Peter Sondergaard, Gartner Research.
With the widespread proliferation of IT applications in business, a humongous amount of data is being generated each day. Technologies such as RFID, GPS, Social Networks, IoT, Mobile Apps are enabling rich tail of micro-level data pertaining to employees, suppliers, customers, and their behaviour. The huge amount of available data presents many new opportunities for analysis and requires new approaches to handle them.
Business Analytics basically refers to the organisation’s ability to collect, maintain, organise and analyse data to improve business performance. In addition to the regular querying system, which is primarily transaction-oriented, a plethora of powerful analytical, mining, and visualisation tools have evolved and is facilitating the extraction of strategic insights from massive repositories. These technological tools and techniques are aiding organisations in getting historical, current, and predictive insights of their operations to make the right decisions at the right time.
Companies across sectors and types, are increasingly adopting analytics and investing hugely on it to solve their business problems. The wide adaption has given impetus to the analytics industry and is creating enormous job opportunities.As per a report by Allied Market Research, the Global Big Data and Business Analytics Market is expected to grow at a CAGR of 10.9% to reach $420 Billion by 2027.SDMIMD’s Edge For Learning Business Analytics
Core Courses Team II