Analytics Overview

An Introduction to Predictive AnalyticsDurga PalakurthyAvance Consulting

AgendaIntroduction

What is Analytics and Big data

Over-view of Predictive Analytics

Business applications of Predictive Analytics

Predictive Analytics Tools

IntroductionAnalytics is understanding of existing data with goal of understanding trends in comparison

Gain insights Make Decision

Why analytics?

Productivity gains

Process Improvement gains

Big Data & 5 V’s of Big Data Big Data is high volume, high velocity ,high variety information assets that demand cost effective innovation forms of information processing that enable enhanced insight, decision making process automation

VolumeVelocityVarietyVeracityValue

Evolution

Data Analysis:

What is Predictive Analytics

Common Predictive Analytics Methods

Common Predictive Analytics Methods

Business Applications of Predictive Analytics

Predictive Analytics Tools in market

Glossary - Some key terms