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In: Operations Management

What are some current examples of the trend toward pervasive business analytics? What are some new...

What are some current examples of the trend toward pervasive business analytics? What are some new uses of business analytics that may become possible with this trend in the next few years?

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Expert Solution

Some of the example of the trend toward pervasive business analytics are:

  1. In the business analytics example, The CEO of XYZ company wants to change the business internal culture of the XYZ.So that,it make the data more accessible across all the boards.To avoid the IT department have a sole control on the data.CEO work with the other departments and make the informed decision system.which help the company to make the decision.He deployed the Dashboard reporting software for the automated data reporting process.This help the company to to decentralized the data and accessible for all the department.Which help all the department to take the decision effectively.
  2. Business analytics also help to boost the productivity.We take a example of Hotel rating company based on the Berlin, Change there business and turned to the business intelligence analytics software as its data is fragmented.This will help the hotel company to increase there productivity and service level in the hotel.

So,we can say that business analytics help the business to take the correct decision by analyzing the data..

Some of the new use of business analytics that become possible with trend in future:

  1. The small business which have more than 100 employees are likely to adopt the business intelligene.Because it help the business to analyzing the data and the decision making.
  2. The business analytics help the business to shift to use the business Intelligence system premise to SAAS systme.which encourage the small business to use the business analytics.
  3. Today, cuber security is vary important for all the business.By using the business analytics, business can begaIn to identify the threat and problem and help the company like - Big data security is help the companies to generate the data amount and detect and remove the security threat.

So, these are the some example that in future business analytics can be used another way


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