Highlights
Business Value of Analytics: A Research Report
Business Analytics (BA) refers to the tools and techniques that make it possible to glean value from big data. These tools are used to turn data into actionable information for management, organization and decision making. Majority of organizations can benefit from BA, but here are some of the indicators that you should look into a BA strategy for an organization:
• The need to integrate data from multiple business applications or data sources
• Lack of visibility into the company’s operations, finances, and other areas
• The need to access relevant business data quickly and efficiently
• Increasing volume of users requiring and accessing information and more end-users requiring analytical capabilities
• Rapid company growth or a recent or pending merger/acquisition
• Introduction of new products / services
• Upgrades within the IT environment
Your task
Your task for this assignment is to select at least one industry such as telecommunication, healthcare, banking and finance or any other relevant industries.
You need to investigate the utility and effects of a churn prediction model as a business analytics application in that industry. You need to write a report with the
length of 2500 to 3000
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