Data Sources
Customer Analytics
Summary
Using Data for Business Improvement Strategies
Best Practices for Big Data Analytics
Framework
Understanding Big Data Analytics Platforms
Big Data and Social Media Analytics
Data Mining in Supply Chain 
Data mining in supply chain management refers to the process of analyzing large sets of data to uncover patterns, trends, and insights that can enhance decision-making and improve operational efficiency
...Integration of Data
Sources: Combining data from various sources, such as suppliers and logistics providers, can be complex
...
Exploration business, exploration refers to the process of discovering new opportunities, insights, and patterns through the analysis of
data ...Integration Issues: Combining data from different
sources can be complex and time-consuming
...
Customer Analytics (K)
Customer analytics is a vital aspect of business analytics that focuses on understanding customer behavior through
data analysis
...Component Description Data Collection The process of gathering data from various
sources such as transactions, surveys, and social media
...
Summary Descriptive analytics is a crucial component of business analytics, focusing on the analysis of historical
data to gain insights and understand past performance
...1 Key Characteristics Focuses on historical data Utilizes various data
sources Employs statistical methods and data visualization techniques Helps in understanding business performance 2
...
Using Data for Business Improvement Strategies In today's competitive landscape, businesses are increasingly relying on
data to inform their decision-making processes and improve operational efficiency
...Collect Relevant Data Gather data from various
sources, including: Internal databases Customer feedback Market research Social media analytics 4
...
Best Practices for Big Data Analytics Big
Data Analytics refers to the complex process of examining large and varied data sets to uncover hidden patterns, correlations, and other insights
...Regularly validate and verify data
sources ...
Framework In the context of business analytics and big
data, a framework refers to a structured approach that facilitates the organization, analysis, and interpretation of large datasets
...business analytics framework typically includes the following components: Data Collection: Gathering data from various
sources, including databases, APIs, and IoT devices
...
Understanding Big Data Analytics Platforms Big
Data Analytics Platforms are specialized software systems designed to analyze and interpret vast amounts of data, enabling businesses to make informed decisions
...Data Ingestion The process of collecting and importing data from various
sources, including databases, applications, and real-time streams
...
Big Data and Social Media Analytics Big
Data and Social Media Analytics refer to the processes of collecting, analyzing, and interpreting vast amounts of data generated from social media platforms
...Social media platforms such as Facebook, Twitter, Instagram, and LinkedIn are prolific
sources of this data, with billions of users sharing content, opinions, and feedback
...
Data Analysis Overview Data analysis is the process of systematically applying statistical and logical techniques to describe, summarize, and compare data
...Data Collection: Gather relevant data from various
sources, including databases, surveys, and external datasets
...
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