There is an updated version of this video: ruclips.net/video/diaZdX1s5L4/видео.html... Also, are you interested in building your analytical skills? Microsoft Excel can be a key component of that. If you want, you can use the following link to enroll in my course, www.codybaldwin.com/excel-course
0:54 What is Business Analytics? 2:38 Types of Analytics: Descriptive, Predictive, Prescriptive 4:38 Business Problems (Optimal Price, Customers, Bottlenecks/Failure points) 6:45 Business Case: Cost And Benefit
Hi Cody, For someone like me who are just getting started with business analytics, this is an exceptionally useful video! Appreciate your time and effort and looking forward to more videos on business analytics, tools and techniques.
Thanks so much for the video! I'm thinking of going back to school at age 60 to get an MSBA. I have a background in Digital Signal Processing. What a fantastic adventure! After watching your video, I feel more committed than before.
Kenrick Matt B. Remotigue BSOA-1 Business Analytics is placed in the middle of two different dimensions - Management region where changes are required and Technical region where analysts decide what information or inputs developer needs to know.
NIce introduction, it really made me feel good and comfortable about what to expect. At the end the job-applied science is to seek between data garbage and be polished the most we can to data-diamonds useful for any organization. My experience with these short insights of Business Analytics is to convey in a Master in Business Arts with strong focus and commitment into Financial and Leadership Credo. Is just my beggining but I'm witht the right foot now, plenty of youngness, motivation and counciosness to be the best Business Consultant of the World. Is my target and ambition is great when you are capable of doing it! A bit hug here!
After watching this video I've learned that business analytics is using tools and techniques to turn data into meaningful business insight, the types of analytics, planning the work and also the challenges, data often needs lots of clening this can sometimes be the most frustrating task and good analytics doesn't solve bad business process but if the process produces poor data, the analytics will be meaningless or even harmful if it's used to make important decisions. I've learned a lot from this video. -Lariza Landong BSOA
After watching this video, I've realize and learned a lot of thing about business analytics. By using tools and technique to turn data into meaningful business insights. Knowing the different types op analytics which is the descriptive, predictive and prescriptive analytics. Those business problems and off course Cody said that were not just exploring data for fun instead we seize on market opportunities. Also I've learned about the work planning whereas we should know how to analyze the problem, estimate the effort and build a business case. Same also on how to analyze, visualize and interpret the business that were planning to work. The example given in the video for the traditional analysis that for big STRUCTURED implementation supports lots of demand, sometimes it stiff. While on the other hand the big data analysis where for big UNSTRUCTURED implementations supports lots of demands and it can be very fast. There are also challenges and tips he imparted to us people and to the students that do really help a lot. Understanding the the benefits and business impacts of analytics. In his video he covers the business analytics planning, the need for a business case and some technique and tips that we can use to get our business analytics started. Because business analytics is one of the most important components of the emerging tech enable world. Excellent introduction to business analytics. JEAN BUNDIA - BSOA 1
After a worthy time of watching this video, I learned that a data has may functions yet we need to turn these data into useful business insights. I am amazed on the scientific processes, including the techniques, used to properly clean, analyze and interpret data. For me, this is really an informative video because it allows viewers to become aware of the basics of business analytics. It even speaks about the challenges we may encounter in using data to open business opportunities. And yes, I agree on most of the information I've got from watching it. By Rodgine L. Bacongga BSOA 2
Thank you so much! For this informative video very clearly explained. I'm starting my masters soon in business analytics and this was great introduction to it.
Josephine A. Gerondio BSOA-1 This video gives a great introduction for me as a business student and a beginner. I’ve learned something about business analytics though it’s not really that broad but it gives me an idea about how it works, the different types of analytics and the process starting from identifying business problems, how to handle business dilemmas, planning for solutions and finding supports. Generally, this video talks about how to use different tools and techniques to achieve a meaningful business insights. It also gives me an idea about the different challenges that we may encounter in the long run and also some tips to have a clearer and greater business insights in order to achieve our goals in establishing business, it may be small or big.
Loved your vid. As someone who can easily get carried away and blinkered to whatever 'tool' or process has caught my fancy your gave me a higher level appreciation of the data analytics biosphere. Confirmed a few things from my own experience and provided food for thought. Thanks =D
What I'ved understood about the video is more about business analytics of which it covers a lot of techniques, tips and other meaningful information. Cody baldwin indeed show us the background or the introduction to business analytics. Niza Larisma BSOA-1
Business analytics takes a data-driven approach to the world of business, using statistics and data modeling to develop new business insights. This blend of technology and business makes it an ideal study option for anyone with an interest in programming or working with big data.
Business analytics is the process of collating, sorting, processing, and studying business data, and using statistical models and iterative methodologies to transform data into business insights. The goal of business analytics is to determine which datasets are useful and how they can be leveraged to solve problems and increase efficiency, productivity, and revenue.
After watching this video , I’ve learned some strategies on how to handle problems that we are going to face in businesses and also analyzing data. -Meliza Perigo BSOA 2
Business Analytics is a way of exercising and inspecting past data of a firm which is primarily used to make data-driven decisions. We can infer insights and control business direction and in turn, can automate navigation Business Analytics as a proper definition is a resultant phenomenon of blending resource skills, operations and applications and thereby deriving insights from them. With Business Analytics we can measure organization level processes such as development, sales, service, and marketing. Lyndon L. Neri BSOA-1
After I watch this video , I've learned a lot of identifying the types of analytics and their important meanings on how it is applied in to our business and analyzed towards our businesses of how and what , and solved the businesses on finding a way , strategy and survey and observation and last passion on achieving the goals of business analytics and significant of business into our lives , in way persons work properly towards their business by using the business analysis so I'm very happy as a student that I gain more knowledge and ideas and strategist and the concept of business analytics in to our business world and our daily lives thank that's all Kristian Marty Halasan BSOA-1
I have been doing this without knowing some of the things that you mentioned, there's a lot of noise and buzz words around analytics, just now I'm trying to see what's the trend with the "science" word added in data, the only thing I have not been doing yet is presenting statistic for predictions, and I guess that is the tricky part and therefore the science word involved. I'm studying again some maths concepts to fill this gap that I already have. Good video!.
Business analytics (BA) is the iterative, methodical exploration of an organization's data, with an emphasis on statistical analysis. Business analytics is used by companies that are committed to making data-driven decisions. Data-driven companies treat their data as a corporate asset and actively look for ways to turn it into a competitive advantage. Successful business analytics depends on data quality, skilled analysts who understand the technologies and the business, and an organizational commitment to using data to gain insights that inform business decisions.
Business analytics is a very simple looking term but its meaning is rather complex to understand if you do not pay proper attention. So, in simple words, business analytics sums up all the technology, skills, revising the past of the business records, practicing various methods for the exploration of better techniques to get a vision of planning the business. Business analytics is a very reliable means of business insight that is based on the data and statistics of the business performance of the past. It is a great asset to your business. Business analytics will give you an idea of the decision-making process about the model to use for the betterment of your business.
I haven't finished your video yet but I want to congratulate you for the great didactics you have. You speak in a way that makes me hear more of what you have to say :)
business analytics is the combination of skills, technologies, applications and processes used by organizations to gain insight in to their business based on data and statistics to drive business planning. -Marisa Ramos BSOA 1
Based from what Ive learn from the vedio, the business analytics talks about the tools and techniques used and the meaningful and helpful tips he imparted to us viewers and learners of business analytics. For him analytics follows a process that is similar to the scientific method. We need to analyzr the problem, estimate the effort and build business case. Thats how important business analytics for us to know a lot mpre about business insights. Catherine D. Otom BSOA-1
Types of analysis are four types.other than 3 mentioned in the video their is one more called as diagnostic analysis..that help you to answer why an event happened it helps you to analysis the root cause of the promblem by drill down into data at granularity level
This video I've learned a lot of ideas on how to start a business in starting in your owner's by cooperating and choice a best partners for our business. A business have a lot of challenges but it helps as to be more stronger to pursuing what we want.
JILLA BARLISAN BSOA 1 So this video includes that we as a human we do the business analytics when we starts to pursue business. When we want to have a good and progressive business we need to follow the common steps of the business world because thats the starting point we need patients. We need to be careful or study something to learn about its part the 1st steps is what they do 2nd is how they are related to each other. We need an explanation on something that we promise to do. We need to start the lowest and ends with the highest . It gives a courage to the people who want to learn and be a business minded soon.
Fundamentals of Business Analytics. Dataanalytics is an emerging interdisciplinary area of machine learning, data mining, predictiveanalytics, text mining, forecasting and optimization, and statistics. Interpreting and presenting the results of data analysis is a highly regarded skill in today's world. By. Henjie L Pines BSOA-1
Thank You!!!! This has been an Eye opening video!!!! I am an accountant and looking for a career change and wanted to go in this direction. There is so much to consider when entering this industry. Do I need a master degree to be consider a professional or certifications from reputable universities? I am wondering which direction to go. Thanks again.
Analytics is complex, but you need to know what you are measuring. What do you want to find. Then you'll need to figure out what your metrics are. You need to identify your vanity metrics (the ones that don't mean anything based off of what you are looking for. this is also known as the noise), metrics and the meaningful metrics. Identifying your metrics will help you with your return on investments.
There is an updated version of this video: ruclips.net/video/diaZdX1s5L4/видео.html... Also, are you interested in building your analytical skills? Microsoft Excel can be a key component of that. If you want, you can use the following link to enroll in my course, www.codybaldwin.com/excel-course
Thanks
Hi Cody Baldwin! can You give me 3 seconds of your life just for this one question ---> How stressful is a Buiness Analytics job? Thank you
Please help me to know this
This is a great example of someone who's loving their job and sharing that excitement in a professional non boring way.
i'd like to get to that point about having a job that i am passionate about
0:54 What is Business Analytics?
2:38 Types of Analytics: Descriptive, Predictive, Prescriptive
4:38 Business Problems (Optimal Price, Customers, Bottlenecks/Failure points)
6:45 Business Case: Cost And Benefit
Good annotation. Thank you!
Thankyou so much
You are a hero! Thank you!
Hi Cody, For someone like me who are just getting started with business analytics, this is an exceptionally useful video! Appreciate your time and effort and looking forward to more videos on business analytics, tools and techniques.
Thanks so much for the video! I'm thinking of going back to school at age 60 to get an MSBA. I have a background in Digital Signal Processing. What a fantastic adventure! After watching your video, I feel more committed than before.
Go for it.
Kenrick Matt B. Remotigue BSOA-1
Business Analytics is placed in the middle of two different dimensions - Management region where changes are required and Technical region where analysts decide what information or inputs developer needs to know.
NIce introduction, it really made me feel good and comfortable about what to expect. At the end the job-applied science is to seek between data garbage and be polished the most we can to data-diamonds useful for any organization. My experience with these short insights of Business Analytics is to convey in a Master in Business Arts with strong focus and commitment into Financial and Leadership Credo. Is just my beggining but I'm witht the right foot now, plenty of youngness, motivation and counciosness to be the best Business Consultant of the World. Is my target and ambition is great when you are capable of doing it! A bit hug here!
Im currently in an MBA program. Im 30% done and thinking of putting this as the concentration. Thank you for the explanation.
After watching this video I've learned that business analytics is using tools and techniques to turn data into meaningful business insight, the types of analytics, planning the work and also the challenges, data often needs lots of clening this can sometimes be the most frustrating task and good analytics doesn't solve bad business process but if the process produces poor data, the analytics will be meaningless or even harmful if it's used to make important decisions. I've learned a lot from this video.
-Lariza Landong BSOA
Good observation 👍
Simply brilliant, very natural, to the point and a whole lot of genuine wisdom acquired over time!
One of the best lecture so far. Easy to follow, listen and read.
I love the pace you are going, I'm able to take notes easily
After watching this video, I've realize and learned a lot of thing about business analytics. By using tools and technique to turn data into meaningful business insights. Knowing the different types op analytics which is the descriptive, predictive and prescriptive analytics. Those business problems and off course Cody said that were not just exploring data for fun instead we seize on market opportunities. Also I've learned about the work planning whereas we should know how to analyze the problem, estimate the effort and build a business case. Same also on how to analyze, visualize and interpret the business that were planning to work. The example given in the video for the traditional analysis that for big STRUCTURED implementation supports lots of demand, sometimes it stiff. While on the other hand the big data analysis where for big UNSTRUCTURED implementations supports lots of demands and it can be very fast.
There are also challenges and tips he imparted to us people and to the students that do really help a lot. Understanding the the benefits and business impacts of analytics. In his video he covers the business analytics planning, the need for a business case and some technique and tips that we can use to get our business analytics started. Because business analytics is one of the most important components of the emerging tech enable world. Excellent introduction to business analytics.
JEAN BUNDIA - BSOA 1
Very good observation 💯
After a worthy time of watching this video, I learned that a data has may functions yet we need to turn these data into useful business insights. I am amazed on the scientific processes, including the techniques, used to properly clean, analyze and interpret data. For me, this is really an informative video because it allows viewers to become aware of the basics of business analytics. It even speaks about the challenges we may encounter in using data to open business opportunities. And yes, I agree on most of the information I've got from watching it.
By Rodgine L. Bacongga BSOA 2
Very good observation 💯
Thanks for your clear and well articulated explanations! Learned so much from you in such a short time!
Love the presentation. Very clean, easy to digest and informative (thumbs up)
Yo.
Thank you so much! For this informative video very clearly explained. I'm starting my masters soon in business analytics and this was great introduction to it.
Me too. The video really helped to clarify what Business Analytics really is and that it is the thing I want to study.
His explanation is easy to understand. More on descriptive, prescriptive, and predictive in particular.
Josephine A. Gerondio BSOA-1
This video gives a great introduction for me as a business student and a beginner. I’ve learned something about business analytics though it’s not really that broad but it gives me an idea about how it works, the different types of analytics and the process starting from identifying business problems, how to handle business dilemmas, planning for solutions and finding supports. Generally, this video talks about how to use different tools and techniques to achieve a meaningful business insights. It also gives me an idea about the different challenges that we may encounter in the long run and also some tips to have a clearer and greater business insights in order to achieve our goals in establishing business, it may be small or big.
Apart from learning from your informative video, I felt myself motivated to explore into business analytics tools.
Thanks for sharing. (Subscribed)
Thanks a lot, Cody, I am starting my journey as a Data Driver and your video gave me a good understanding about it. Carlos Salinas from El Salvador!
Watch at x1.25 speed.
same
Haha actually, I did it on x2, glad people share the same view here!
Wise advice!
Thanks!
He lectures like me lol Thanks...
this was summarized, direct to the point and very beneficial, thank you!
Loved your vid. As someone who can easily get carried away and blinkered to whatever 'tool' or process has caught my fancy your gave me a higher level appreciation of the data analytics biosphere. Confirmed a few things from my own experience and provided food for thought. Thanks =D
What I'ved understood about the video is more about business analytics of which it covers a lot of techniques, tips and other meaningful information. Cody baldwin indeed show us the background or the introduction to business analytics.
Niza Larisma BSOA-1
Cody thanks so much for this. I just lost my job and am looking to shift into this field. Great explanation.
Business analytics takes a data-driven approach to the world of business, using statistics and data modeling to develop new business insights. This blend of technology and business makes it an ideal study option for anyone with an interest in programming or working with big data.
Wonderful video!!! Good for beginners to understand easily....
Business analytics is the process of collating, sorting, processing, and studying business data, and using statistical models and iterative methodologies to transform data into business insights. The goal of business analytics is to determine which datasets are useful and how they can be leveraged to solve problems and increase efficiency, productivity, and revenue.
Thank you for posting this! I’m a scrum master right now and trying to figure out what to do next with my career
After watching this video , I’ve learned some strategies on how to handle problems that we are going to face in businesses and also analyzing data.
-Meliza Perigo BSOA 2
Business Analytics is a way of exercising and inspecting past data of a firm which is primarily used to make data-driven decisions. We can infer insights and control business direction and in turn, can automate navigation
Business Analytics as a proper definition is a resultant phenomenon of blending resource skills, operations and applications and thereby deriving insights from them. With Business Analytics we can measure organization level processes such as development, sales, service, and marketing.
Lyndon L. Neri BSOA-1
great job Cody, keep up the good work! Truly loved the delivery speed.. helps even slow learners catch up without pause :)
After I watch this video , I've learned a lot of identifying the types of analytics and their important meanings on how it is applied in to our business and analyzed towards our businesses of how and what , and solved the businesses on finding a way , strategy and survey and observation and last passion on achieving the goals of business analytics and significant of business into our lives , in way persons work properly towards their business by using the business analysis so I'm very happy as a student that I gain more knowledge and ideas and strategist and the concept of business analytics in to our business world and our daily lives thank that's all
Kristian Marty Halasan
BSOA-1
Thank you for loading the video. I like the structure and contents of the video, and the way you deliver the presentation. Well done.
definitely subscribed. looking for more videos.
I have been doing this without knowing some of the things that you mentioned, there's a lot of noise and buzz words around analytics, just now I'm trying to see what's the trend with the "science" word added in data, the only thing I have not been doing yet is presenting statistic for predictions, and I guess that is the tricky part and therefore the science word involved.
I'm studying again some maths concepts to fill this gap that I already have.
Good video!.
After watching this vedio I've learned on how to use tools and technique to turn data into meaningful insights.
By: Molijon, Geraldine S.
Business analytics (BA) is the iterative, methodical exploration of an organization's data, with an emphasis on statistical analysis. Business analytics is used by companies that are committed to making data-driven decisions. Data-driven companies treat their data as a corporate asset and actively look for ways to turn it into a competitive advantage. Successful business analytics depends on data quality, skilled analysts who understand the technologies and the business, and an organizational commitment to using data to gain insights that inform business decisions.
Excellent video, one of the most clear and very well designed videos i ever watched,
Found so much value in this video, thanks Cody!
Excellent, crystal-clear video; thanks so much for creating it and sharing it!!!
Highly informative, clarity in presentation, ppt is simply superb.... Useful for research.
Business analytics is a very simple looking term but its meaning is rather complex to understand if you do not pay proper attention.
So, in simple words, business analytics sums up all the technology, skills, revising the past of the business records, practicing various methods for the exploration of better techniques to get a vision of planning the business.
Business analytics is a very reliable means of business insight that is based on the data and statistics of the business performance of the past. It is a great asset to your business. Business analytics will give you an idea of the decision-making process about the model to use for the betterment of your business.
I haven't finished your video yet but I want to congratulate you for the great didactics you have. You speak in a way that makes me hear more of what you have to say :)
Thanks Cody for a clear introduction, the visuals made it interesting and easier to grasp!
Great and clear explanation of the foundation on business analytics! Thank you Cody!
Concordo!
business analytics is the combination of skills, technologies, applications and processes used by organizations to gain insight in to their business based on data and statistics to drive business planning.
-Marisa Ramos BSOA 1
Thanks for the video, very easy to understand and explain the topics in a simple way
I am studying data analytics and this is indeed a very good introduction to the whole topic with focus on business =)
thanks a lot, im currently working with social media analytics and i find this really useful
Thank you so much! I'm getting my MBA and thinking of adding this for a concentration.
Nothing can be better than this!
Very clear and informative video...a big thumbs up
Based from what Ive learn from the vedio, the business analytics talks about the tools and techniques used and the meaningful and helpful tips he imparted to us viewers and learners of business analytics. For him analytics follows a process that is similar to the scientific method. We need to analyzr the problem, estimate the effort and build business case. Thats how important business analytics for us to know a lot mpre about business insights.
Catherine D. Otom BSOA-1
Your contents were so simple yet so profound ... Thnx for such a wonderful vid...
Thanks for the video. I am thinking of changing career and going into data analytics. Good video. Great voice.
Excellent presentation, easy to understand. Very nice work.
this so incredible like simple explanation
Thanks a lot, Cody, for that very simple and useful introduction!
Cody! All I have to say is WOW!!
Hi Cody, thanks for this video extremely useful as I am beginning my career in analytics and I believe this video has given me a solid foundation.
Hi Mike, Even I have started my career in data science. Looking for any guidance from you. Thanks in advance.
awesome content. please make playlist in depth about Business Analytics
Types of analysis are four types.other than 3 mentioned in the video their is one more called as diagnostic analysis..that help you to answer why an event happened it helps you to analysis the root cause of the promblem by drill down into data at granularity level
Tips provided for data handling & approach is really good ,who in entering in business/data analytics.
It is for Business Analytics, not Data Analytics
Great video! Quite detailed and really helped with my decision making process
This was super gold
Keep the good work up
Working on my MBA right now. Trying to decide on the concentration or if I should pick a specialized MS 🤔
Wonderful intro video for beginners. I am very impressed your clear and practical presentation.
This video I've learned a lot of ideas on how to start a business in starting in your owner's by cooperating and choice a best partners for our business. A business have a lot of challenges but it helps as to be more stronger to pursuing what we want.
Very clear and easy to understand !!!
JILLA BARLISAN BSOA 1
So this video includes that we as a human we do the business analytics when we starts to pursue business. When we want to have a good and progressive business we need to follow the common steps of the business world because thats the starting point we need patients. We need to be careful or study something to learn about its part the 1st steps is what they do 2nd is how they are related to each other. We need an explanation on something that we promise to do. We need to start the lowest and ends with the highest . It gives a courage to the people who want to learn and be a business minded soon.
Very informative, will share to as many people as I can 😊
This video helps me how to differenciate the two dimensions of bussiness analytics.
By: Leonardo O. Toballa
And thanks for acknowledging the gut instinct on it, too!
Excellent introduction to business analytics - great overview. Thank you for sharing
I learn Bussiness analytics is using tools and techniques to turn data into meaningful business insights.
Cristin Mary Campo manes BSOA-1
Thank you for making this - hoping to break into this field with enough self study!
Same here, transferring over from no IT knowledge
Excellent video for Data Analyst....!
I love your voice & style of explaning it.
Nice overview! Thank you, Cody.
Should i explore this as a career option if i’m not from a tech background?
Yes, ofcourse.
Very Informative presentation...thank you!
Business analytics talks about the tools and techniques to turn the data and its meaningful business
-Claire Yvonne Echavez BSOA-1
Excellent introduction! Thanks!
Very good presentation. I liked the Tips at the end. They're very useful.
clarity of business analytics well explained
Fundamentals of Business Analytics. Dataanalytics is an emerging interdisciplinary area of machine learning, data mining, predictiveanalytics, text mining, forecasting and optimization, and statistics. Interpreting and presenting the results of data analysis is a highly regarded skill in today's world.
By. Henjie L Pines BSOA-1
This is a good introduction to data analysis. But as Excel is an integrated part of analysis data some lecture on excel should be included with it.
Thanks! Very clear and understandable for beginners and layman
How much coding is required in Business Analytics?
What are the programming languages used in Business Analytics?
just use excel lol
SQL and Python is enough
Great Video helps in explanation in data analysis .... challanges & problems ... are the best in that session thanks
Shaifali Saxena .currently what t you doing dear.
You r more interested in analytics
It was an amazing video ! Clearly Organized and Well explained.
Thank You!!!! This has been an Eye opening video!!!! I am an accountant and looking for a career change and wanted to go in this direction. There is so much to consider when entering this industry. Do I need a master degree to be consider a professional or certifications from reputable universities? I am wondering which direction to go. Thanks again.
If you already have a Masters, I would suggest a bootcamp:rutgers.bootcamp.edu
Thank you, Sir! A zillion thanks to you!
Thanks Cody, this is a great video-it explains a lot. Very concise!
Please make more videos
Well done sir, most eye opening!
Do you have any suggestions for readings to start a new job in an Business Analytics department ?
Business Analysis Body of Knowledge (BABOK) Guide
DrToro thanks, very useful :)
Analytics is complex, but you need to know what you are measuring. What do you want to find. Then you'll need to figure out what your metrics are. You need to identify your vanity metrics (the ones that don't mean anything based off of what you are looking for. this is also known as the noise), metrics and the meaningful metrics. Identifying your metrics will help you with your return on investments.
Thanks a lot ! Great and insightful information in this video.
Don’t think i could get excited for this class. But it’s required for my degree so i need to know what I’m getting into