The market of the job has been changed all over the globe. The telecom companies can increase profitability by creating a predictive modeling for identifying potential churn candidates and non-revenue earning customers; and can increase revenue and profitability by targeted campaigning and promotional offers which will not only retain these customers but also convert the non-revenue earning customers to profitable revenue earning customers.
BI Analysts have developed software tools for gathering & analyzing large quantities of unstructured data, such as dates, numbers, facts, email messages, word processing documents, videos, photos, audio files, presentations and many other types of business documents.
The factory overheads are the expenses related to the factory and are in no way related to administration and marketing expenses. Business analytics usually deals with a massive amount of data whether structured and unstructured. Multinational companies have invested huge sums in data management and analytics, which has increased the number of opportunities for the people who are in the big data analytics field.
Banks, credit card companies and other lenders analyze customer data quite often as well. 2. Marketing optimization – This course teaches how to collect the data on the customer base, including their purchasing decisions and response towards a particular product.
BA Solutions help organizations of all sizes to discover new ways of optimizing business operations, making new strategic plans, and capturing new market opportunities. The major challenge in implementing a business analytics solution is obtaining a high quality data.