Insights – Intelligent parts of the data Path finder – Maps vs guy on the road
First stage of Analytics Loads of data in excel, text, CRM, machine data from manufacturing
Anything happens in a patternApply intelligence to detect patterns- Predict the future
Analytics is much more than plain reporting in MIS. Applies intelligence- Detects patterns
Predictions these days Construction guy
Everything happens in apatternAnalytics is not a fortune tellerExternal factors that does not depend on the data can affect
Analytics is everywhere – Wherever there in dataImagine analytics used in transport mechanism to schedule the busesImagine analytics used in personal level to manage personal accounts and suggest trendsImagine analytics in schools to identify learning patterns of students
- Southwest airlines uses analytics for scheduling the flights depending of passenger behaviour. For cargo management – Customer loyalty – 200% growth
McLaren uses to analyse the car data realtime and plan pit stops.
ACMilan uses to analyse player behaviours on the field and practice sessions
Data is growing in size – enormously Every year – double of the consolidated data till the previous year
Non technology businesses – Leverage the power of analytics and data – Use your data Technology businesses -