BUMA

This refers to the use of data, information

technology, statistical analysis, quantitative

approaches, and mathematical or computer-

based models to assist managers in gaining a

better understanding of their business

operations and making more informed

decisions.

• BUSINESS ANALYTICS

• ANALYSIS

• DATA-DRIVEN DECISIONS

• BUSINESS

This describes the large volume of structured

and unstructured data which can be analyzed

for insights needed for better decisions and

strategic business moves.

• DATA

• FEATURES

• BIG DATA

• VELOCITY

This stage of the business analytics

process talks about the past; it explains

the past and current performance of a

business operation.

• Diagnostic Analytics
• Descriptive Analytics
• Prescriptive Analytics
• Predictive Analytics

This refers to the process of combining

aspects of reporting, monitoring and

alerting, dashboards, scorecards, and ad

hoc query data exploration.

• Business Intellegince

• Buisness Inteligence

• Business Intelligence

• Buisness Intelligence

This stage of the business analytics process

can be accomplished by detecting the

patterns or relationships in the historical data

and then projecting these relationships into

the future.

• Predictive Analytics

• Descriptive Analytics

• Prescriptive Analytics

• Diagnostic Analytics

This aspect of big data is about how many

pieces of data we gather together from

different data sources.

• Volume

• Variety

• Velocity

• Veracity

This stage of the business analytics process

uses optimization to recommend a decision

based on the need to maximize (or minimize)

some aspects of performance.

• Prescriptive Analytics

• Predictive Analytics

• Descriptive Analytics

• Diagnostic Analytics

This is the methodological

process of gathering information

about a specific subject.

• Data Collection

• Survey
• Research
• Interview

This is the data that has been summarized

and consolidated; and rented or sold by

organizations that do not have a connection

to your company or users.

• First-party Data/ Primary Data-

• Second-Party Data

• Third-Party Data

This is the collection of related files containing records

on people, places, or things, usually organized in a two-

dimensional table, where the columns correspond to

each individual element of data, and the rows represent

records of related data elements.

• Database

• Data Sets