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Data analytics course in pune

Introducing Data Analytics Courses in Pune In the day of the internet, data analytics has acquired an important place. Earlier, data analytics were not looked at much since there was a dearth of calculating power, but more so because of a profound lack of collecting power, i.e, collection of data. But now every business is making its decisions based on data analytics, infact all strategic decisions are based on the analytical representation of Data that is collected and colated over the period of time. Even professionals not trained in statistics or mathematics are getting into this field with a little training and use of computing tools and models. Use of data analytics has lead to focus of energy to the customers most likely to buy your products. It has lead to targeted focus of the right kind advertisement for the right customers. Europe innovation business school brings you a course on data analytics right here in Pune. Just visit EIUBS at http://www.eiubs.eu to know more about it.

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Data analytics course in pune

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  1. What is Data Analytics

  2. Data analytics is: Techniques and processes used to enhance productivity and business gain. Data is collected and categorized to Identify and Analyze the behaviour and patterns of subjects

  3. Why Data Analytics in News Data Analysis was done earlier too, but with internet in every part of our life, data analysis is not guess work anymore, it’s science. Data analytics is so big today because of: • Better data collection • Better data mining • More processing power

  4. Examples of Data Analytics in work • Airline prices changes every hour • Facebook recommending friends • Some customers getting more discounts from sites like Flipkart than others • Railways & shipping companies using sensors on every vehicle to schedule maintenance • Government using Aadhar card usage to build schools and clinics

  5. Three Types • Descriptive analytics • Predictive analytics • Prescriptive analytics Most Raw Data, especially Big Data, is not suitable for human consumption. But the information we derive from the data is

  6. Descriptive Analytics The purpose of Descriptive Analytics is to summarise – Describe - what happened. 80% of business data analytics, notably social analytics is descriptive

  7. Predictive Analytics Predictive Analytics is used to forecast – not to tell – what will happen in future This type of analytics is increasingly used after the onset of Big Data Use various techniques of statistics, data mining, modelling & machine learning

  8. Prescriptive Analytics Predictive Analytics is used to recommend course of action Doesn’t predict one future, but many – depending upon decision maker’s action Needs to have actionable data (data that can be acted upon) & a feedback mechanism

  9. Career in Data Analytics • As big data gets into every nook and corner, the demand for data analytic skills is seeing no end ….. and this would remain for some time.

  10. Welcome to the Brave New World Of Data Analytics

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