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Semester-III Module 3
Emerging Technologies for Business Transformation & Innovation
Introduction to Business Analytics
This key concept covers the basics of business analytics, highlighting its importance in modern business environments for informed decision-making.
Data Analytics Lifecycle.
The data analytics lifecycle consists of several stages: Data Collection, Cleaning, Exploration, Visualization, and Reporting, crucial for deriving insights.
Types of Analytics
Understanding the different types of analytics: Descriptive, Diagnostic, Predictive, and Prescriptive, is essential for effective strategic planning.
Ethics in Analytics
Emphasizing ethical considerations in analytics ensures responsible use of data, safeguarding privacy and promoting transparency in decision-making.
Essential Tools for Analytics
Familiarity with essential tools like Excel, Tableau, Power BI, Python, and R is vital for practical application in business analytics.