Friday, 4 April 2014

Analytics life cycle & Services



For understanding business analytics its very much essential to understand the life cycle process of analytics.



SERVICES DIGRAM SOURCE "www.primeraanalytics.com"

Source "http://www.primeraanalytics.com/services.html"




It typically includes six major steps:-

  1. Data Creation
  2. Data Cleansing & Standardization
  3. Data quality checks
  4. Analysis & reporting
  5. Dash board development
  6. Research
 All these are cycle of activities which take place step by step.

After this it is must to understand that what exactly the analytics addresse.

Analytics address the fallowing things :-
  1. Analyses the past
  2. Optimise the present
  3. Predict the future
  4. Test assumption 

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