Companies today are dealing with diverse issues, a wider range of regulations and heightened competition. There has never been a greater need for proactive, evidence-based decisions and responsive strategies.
Digital Rochester welcomes Steve Wallace, Senior Consulting Manager at Tribridge, for an insightful perspective on how Business Analytics enable executives to drive fast, informed decisions to address key business concerns. Learn how Business Analytics can answer the questions:
Why is this happening?
What if these trends continue?
What will happen next?
What is the optimal outcome?
What are Analytics?
The simplest definition of Analytics is “the science of analysis”. A simple and practical definition, however, would be how an entity (i.e., business) arrives at an optimal or realistic decision based on existing data. Common applications of Analytics include the study of business data using statistical analysis in order to discover and understand historical patterns with an eye to predicting and improving business performance in the future.
How Does Business Analytics Differ from
Business Intelligence?
While Business Intelligence can answer the questions: what happened; how many, how often, where; where exactly is the problem; what actions are needed. Business Analytics can answer the questions: why is this happening; what if these trends continue; what will happen next; and what is the optimal outcome?
Join DR for this unique event and find out how Business Analytics can actually provide your company with a sustainable competitive advantage.
Date/Time:
Thursday, June 24, 2010
7:30 AM – 9:30 AM
Location:
Oak Hill Country Club
346 Kilbourn Road
Rochester, NY
Directions
Cost:$5 for Members /
$10 for General Admission
Click here to REGISTER TODAY!
This event has already occurred, but click here for a pdf of the presentation from this event.
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