With continuous development, the current business scenario has tough competition. Therefore, companies are using data analytics to power their Business Intelligence strategy and make effective decisions to have an edge over market competitors. If you want to create a successful career in business intelligence, learning analytics is crucial. Enrolling in a certified data analytics course in Kolkata can be considered as the first step.
This blog takes a close look into the real-life applications of BI with data analytics and how a data analytics course in Kolkata can generate a pathway to success.
Applications of Business Intelligence
Business Intelligence is the use of data analytics framework to transform raw data into useful insights that support decision-making and drive productive strategies.
Let’s see how Business Intelligence has influenced several industries:
- Retail: The BI tool enabled retailers to determine the right levels of inventory, predict demand, and personalize campaigns. Based on real-time insight into buying trends, retailers can alter their product offerings to obtain optimal profits.
- Healthcare: Hospitals employ BI in monitoring patient outcomes, resource allocation, and operational performance. BI supports healthcare providers in making evidence-based decisions to improve patient care.
- Finance: BI acts as fraud identification, risk assessment, and prediction of market trends in the finance industry. It provides quality decision-making for banks and insurers.
- Manufacturing: Manufacturers adopt BI to optimize production processes, cost reduction in supply chains, and improve operations. BI helps users to get better planning and quality control.
Role of Data Analytics in Business Intelligence
Data analytics forms the core of business intelligence. It takes raw data, interprets it, and provides actionable insights that help push strategic decisions in organizations.
- Data Collection and Data Cleaning: Data from multiple sources has to be collected and cleaned before any analytical technique is applied.
- Data Visualization: Visualization tools like Tableau and Power BI produce dashboards and reports with interactive charts to highlight trends and patterns.
- Descriptive Analytics: Descriptive analytics is the study of historical data, which allows an organization to know its records.
- Predictive Analytics: Predictive analytics is based on machine learning and statistical models that use historical data to predict the outcome of future events. It allows an organization to forecast customer behavior, optimize marketing campaigns, and minimize risks.
- Prescriptive Analytics: Prescriptive analytics involves recommending actionable courses based on predictive insights. It utilizes the predicted trends and patterns to determine what to do next.
How a Certified Data Analytics Course in Kolkata Can Build a Successful Career
The more companies look at building data-driven decisions, the more professionals in possession of the skills for data analytics are in demand. A certificate from the data analytics program opens as many doors as possible in BI, data analysis, and beyond.
- In-depth knowledge: This is the main thing in a data analytics course which would cover essential skills in data cleaning, visualization of data, statistical analysis, machine learning, or simply the foundation of a career in BI.
- Practical Exposure: Almost all programs of study offer hands-on projects, and thus students can work with real data sets. This experience is invaluable and will allow you to enhance your interest.
- Market Value: Certification demonstrates your knowledge, and therefore, you become an attractive candidate to employers. Organizations thus prefer certified professionals since they show that they have technical knowledge and commitment to workplace activities.
- Networking Opportunities: Certified courses generally connect the learners with instructors, industry professionals, and other peers. All those connections may prove handy later on when looking through job opportunities or finding out any updates about the industry.
Learn from the Best Data Analytics Course in Kolkata
Get training from world-class mentors, gain hands-on learning experience, and unlock new job opportunities with us. Become a master of MS Excel, Tableau, Power BI, Python programming, and more. At Data Brio Academy, you’ll learn details about various applications of analytics tools in industries.
Our curriculum follows a hands-on approach because we believe in practical training. Our program includes Capstone projects and internships so that you’ll be able to handle real-life business use cases without any problem.
Data analytics forms the backbone of Business Intelligence. Deriving actionable insights from business data can predict trends, optimize operations, and improve customer satisfaction. Certified data analytics course not only gives one the skills necessary to take steps up in this field but also acts as a starting point for a rich and future-proof career.