M.S Operation and Strategic Analytics

Operational analytics is a very specific term for a type of analytics which focuses on improving existing operations. Operational analytics allows you to process various types of information from different sources and then decide what to do next: what action to take, whom to talk to, what immediate plans to make. This form of analytics has become popular with the digitization trend in almost all industry verticals, because it is digitization that furnishes the data needed for operational decision-making. The term Strategic Analytics/BI implies decisions are made, resources are invested, and plans for data and analytics are created based on the needs and critical questions a business is facing. The need for analytical solutions in today s business environment is crucial because they allow users to think strategically about how an organization builds its core competencies and creates value. This not only informs the entire process, saves a lot of time, effort and money, but also leads to value creation.