Data Analytics Essays (Examples)

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Data analytics, cyber capabilities, climate change, and the most recent pandemic have fundamentally altered the way insurance is disseminated around the world. For one, the uncertainty surrounding insurance clauses such as Force Majeure, have caused insurance companies to pay higher costs related to business disruptions and legal expenses. Likewise, the widespread nature of claims, in certain instances, threaten the solvency of insurance companies who did not appropriate model large business disruptions throughout the world. As a result, there is fundamental shift in the way management engages with insurance companies, how insurances companies retain clients, and how risk is effectively transferred to avoid solvency issues.To begin, the recent COVID-19 pandemic has reshaped many definitions related to insured perils. This is heavily related to insurance contracts who often did not include epidemics or pandemics within the contract. As a result, insurance contracts now include specific language related to these perils and how….

Retail Data Analytics
PAGES 3 WORDS 1005

data collection mentioned earlier. This report shall focus on the data collection in particular. Within this report, there shall be a recitation of the data collection approach, a definition of the proper data collection channels, a description and depiction of the purchase of external data sets to assist in the problem, the development and description of data quality and other data governance issues and a planning of the ongoing storage and maintenance of the data. While planning and execute data analytics is not rocket science, as they say, it is something that is very important and needs to be done right the first time.
The author of this report knows that a ten million dollar investment is not insignificant. As such, there should be a proceeding with caution yet expediency. As noted in the prior project, JC Dollar is in the right general area of analysis but is obviously not….

Analytics, Interfaces, & Cloud Technology
The use of analytics and cloud technology is a new advance in computing which allows data collection and analytics to be done using higher processing speeds. It allows organizations to take full advantage of the huge amount of data that is collected through web analytics services. Miller Inc. collects a huge amount of data which is difficult to process. It also takes a very long time to process the data since the data is dynamic in nature. There is also a challenge in keeping data secure since the company needs to ensure its business and competitive advantage is protected. Through providing analytics services through cloud technology, Miller Inc. will be able to leverage the data driven frontier of cloud analytics. Basically, the company will be able to leverage the use of technological and analytical tools and techniques which it will design for its clients. These will….

Analytics and the Growing Dominance of Big Data are
evolutionizing Strategic Decision-Making

The level of uncertainty and risk that pervade many enterprises today is growing, as the dynamics and economics of markets are changing rapidly. The many rapid, turbulent structural changes in industries is also leading to a greater reliance on analytics and the nascent area of Big Data as well. The potential of this second area, Big Data, is in determining patterns in massive data sets that have in many cases been collected for decades within enterprises. The abundance of data within enterprises, when combined with Big Data aggregation and analytics techniques, can be used for drastically reducing risk and uncertainty in even the most challenging and fast-moving industries. Big Data is being hyped heavily by analytics systems and enterprise application providers as well, as this category of software allows for the use of long-standing analytics and business intelligence (BI)….

Analytics and Business Intelligence
Assessing the Impact of Analytics and Business Intelligence

The pervasive adoption of analytics to mitigate risk has accelerated due to greater uncertainties in economic conditions, the accelerating pace of change in markets, and a reliance on quantified measurements of performance vs. qualitatively based (Hopkins, LaValle, Balboni, Shockley, Kruschwitz, 2010). The intent of this analysis is to look at how analytics and business intelligence can be used for automating the more mundane analytical and reporting tasks while also looking into how analytics and business intelligence are making finance and accounting systems more real-time and responsive to market conditions.

Automating outine Tasks with Analytics

Computing variances between actual and forecasted amounts by account, defining financial ratios and calculating them over a multi-year timeframes and across multiple divisions is how analytics is most often used in accounting and financial reporting today. These are relatively mundane tasks that often require accountants and financial analysts….

Data Warehousing: A Strategic Weapon of an Organization.
Within Chapter One, an introduction to the study will be provided. Initially, the overall aims of the research proposal will be discussed. This will be followed by a presentation of the overall objectives of the study will be delineated. After this, the significance of the research will be discussed, including a justification and rationale for the investigation.

The aims of the study are to further establish the degree to which data warehousing has been used by organizations in achieving greater competitive advantage within the industries and markets in which they operate. In a recent report in the Harvard Business eview (2003), it was suggested that companies faced with the harsh realities of the current economy want to have a better sense of how they are performing. With growing volumes of data available and increased efforts to transform that data into meaningful knowledge that can….


From Supply Chain Efficiency to Customer Segmentation Focus

Because of this focus on supply chain forecasting accuracy and efficiency, the need for capturing very specific customer data becomes critical. The case study portrays the capturing of segmentation data as focused on growing each of the brands mentioned that VF relies on this data to base marketing, location development and store introductions, and pricing strategies on. In reality, the data delivered for these marketing programs and location-based analyses is also providing an agile and scalable platform for VF to more effectively manage and mitigate its supply chain risk as well.

elying on Alteryx for data analysis as it has superior capability to Microsoft Access and Excel in conjunction with the use of SC Software for geo-demographic analysis, VF has created a workflow for translating data warehouses into the basis of marketing and supply chain strategies. The strategic goal of getting the right product….

SQL and ig Data
Gaining greater insights into terabytes of unstructured and structured data organizations have been collecting in many cases for decades across diverse computing and storage platforms are increasingly being unified through advanced data and system architectures. ig Data is the term used to define very large, diverse data sets that contain both structured and unstructured data that defy analysis using conventional database management and analytics applications (International Journal of Micrographics & Optical Technology, 2010). ig Data is an area generating much interest in enterprises as this collection of data analysis, aggregation and extraction techniques continue to deliver valuable insights into how companies can become more competitive (Datskovsky, 2013). Structured Query Language (SQL) is a widely accepted approach to querying databases, aggregating and analyzing data and creating useful reports that guide decision making in organizations (Rys, 2011). Enterprise software companies are creating ig Data analytics applications that include….

Database Data Warehouse Design
Our company, Data Analytic Limited, specializes in collecting and analyzing data for various organizations. Over the years, we have assisted various companies to turn raw data into valuable information that assists the companies in making effective decision profitable in the short and long run. Our research and data analytics are geared towards giving extra edge to various companies. Our services include processing and analyzing terabytes of data to provide customer meaningful information for business decision and enhance competitive market advantages. ecent growth of our company necessitates the needs to design and develop data warehouse that will accommodate large volume of customer data.

Objective of this project is to design and develop the data warehouse for our company.

Importance of Data Warehousing for our Organization

Comprehensive portfolios of our business include Business, Market, and Financial research, Data processing services and Domain based analytics. While the relational database that our company is….

Big Data is here to'stay
PAGES 2 WORDS 337

EPR Discussion
The client has been using an ERP system to integrate financial and non-financial information for decision-making. They have been hearing about Big Data. Briefly explain the concept of Big Data, including its advantages and disadvantages.

Generally speaking, the confluence of Enterprise Resource Planning, ERP, and Big Data is seen as a boon and "win" for the companies that use them to help their business. Indeed, businesses that can use Big Data to manage and wield massive amounts of data in ways that are advantageous from a business and strategic standpoint will tend to do much better than those that are unwilling or unable to do so. One upside to the melding of these two concepts and technologies is that the benefits are outstanding. A downside is that not all ERP systems are accustomed and designed to properly harness and use Big Data resources. Indeed, an ERP or Big Data Application….

Internet also known as the big data to the market researchers. The article also aims to show the disadvantages associated with the big data like privacy issues. The article presents two dimensions of the Internet use, its benefits, and disadvantages. However, its analysis lies more on the benefits than the disadvantages. The major reasons for supporting these aims are premised on the authors' ability to identify the benefits and the risks associated with the big data and their analysis to support the claims. Through this, they succeed in convincing the reader about the benefits and dangers associated with of the Internet (Nunan & Di Domenico, 2013).
The authors have used different research strategies to support their purposes. They used empirical studies conducted by other researchers like MS 2006, Leigh 2010, Jacobs 2009, Ohm 2009, and IBM to support their case. For example, they obtained information from MS' 2006 research to….

Discussion of Analytics1There are three main types of analytical techniques: descriptive, predictive, and prescriptive. Each type of analysis has its own strengths and weaknesses, and it is important to choose the right technique for the job at hand.Descriptive analytics is all about understanding what has happened in the past. It involves collecting data and then using that data to generate insights. For example, a company might use descriptive analytics to understand patterns in customer behavior. By analyzing data on customer purchases, interactions, and other behaviors, companies can gain insights into which customers are most loyal, what motivates them to buy, and what factors influence their decision-making. This information can then be used to tailor marketing and sales strategies to better meet the needs of specific customer groups (Frankenfield, 2020).Predictive analytics takes things one step further by using historical data to make predictions about what will happen in the future. For….

Federal Forensic Data Analytics
There are definite advantages to the Federal Bureau of Investigation's Digital Forensic Data Analytics program. Many of those advantages are well aligned with the integration of this program into the Strategic IT Plan for this organization. Essentially, the aforementioned program can increase the efficiency of the bureau's information technology initiatives, while simultaneously lowering costs and reducing the sort of infrastructure required to sustain this program. Additionally, this program can help this bureau maximize its current resources without needing to make substantial investments in other ones.

The analytics capabilities of the Digital Forensic Data Analytics program of the FBI far surpass those that it previously had for forensic analytics. One of the most immediate impacts of this program towards costs relates to the predictive capabilities of this program. By utilizing various components of cognitive computing including machine learning and other sophisticated algorithms such as deep learning and neural networks….

As with any new idea, costs associated with the adaptation of a new application would be incurred mainly at the beginning as it personnel would need to be trained for using the StreamBase.
Security might be one of the main problems associated with StreamBase. Would the streaming data be encrypted or otherwise protected from malicious users? he organization adapting to StreamBase would need to be sure that the analyses were not vulnerable to security breaches. Finally, just as with streaming multimedia content, streaming data and data analysis might be problematic and prone to caching problems. Possible glitches may be due to server speeds, client PC speeds, and the speed of data transmission. If the organization relied on its own intranet and had a backup system for streaming, then it might be possible to mitigate any problems associated with real-time financial data analysis.

Vaas, Lisa. "StreamBase 2.0 argets Financials." eWeek. June 17,….

Predictive analytics is a statistical technique used to analyze current and historical data in order to make a reasonable prediction about future. In a business environment, organizations employ predictive analytics model to identify market trends, opportunities and risks. Using the predictive analytics, organizations are able to assess potential risks and opportunities to achieve competitive market advantages. In other word, predictive analytics is part of data mining focusing on extracting information from historical data and used the data to predict behavioral patterns and trends. Typically, predictive analytics can be applied to any type of unknown events in order to predict the presents and future events. Banks are the early adopters of predictive analytics model. For example, banks use the data collected from credit scores to determine the likelihood of an individual to qualify for a bank loan. The technique has assisted banks to minimize the risks by detecting applicants likely to….

Firms meet the challenge of technological change by redesigning their innovation ecosystems in several key ways. This approach involves a strategic overhaul of their internal and external operations, relationships, and culture to foster innovation and adaptability. Here's how they do it:

Embracing Open Innovation: Moving away from solely in-house R&D, firms are increasingly embracing open innovation. This involves collaborating with external entities like startups, academic institutions, and other companies to source new ideas, technologies, and methodologies. This collaboration can take various forms, including joint ventures, partnerships, and innovation hubs.

Investing in Digital Transformation: Firms are investing heavily in digital technologies such as....

One potential essay subject related to planning in the news could be the impact of urban planning on community development. For example, exploring how city planners are incorporating sustainability measures into their urban design to create more environmentally friendly and livable cities, or examining the role of gentrification in urban planning and its effects on local communities. Another potential topic could be the challenges and opportunities of disaster preparedness and emergency planning in the face of climate change and increasing natural disasters. This could involve discussing how cities and countries are adapting their emergency response plans to better protect their....

The Evolving Landscape of Lesson Planning: Navigating the Intersection of Technology, Data, and Student-Centered Learning

Introduction:

In the ever-evolving educational landscape, lesson planning has emerged as a pivotal element in shaping effective and engaging learning experiences. Recent news headlines highlight the impact of technology, data analytics, and student-centered approaches on the way lesson plans are conceptualized and implemented. This essay explores the transformative trends in lesson planning and their profound implications for teaching and learning.

Technology and Lesson Planning:

Technology has become an indispensable tool in lesson planning, offering educators a wide range of possibilities to enhance student engagement and deepen understanding. Interactive online....

Comprehensive Target Market Analysis and Segmentation Strategies

Examining Target Markets: A Holistic Approach to Customer Focused Strategies

The Art of Target Market Identification: Unlocking Market Potential and Growth

Target Market Optimization: A Comprehensive Guide to Tailored Marketing

Defining the Target Audience: Foundations of Effective Marketing Campaigns

Precision Target Marketing: Aligning Strategies with Consumer Needs

Consumer Segmentation and Target Market Definition: A Data-Driven Approach

Uncovering Market Segments: The Key to Personalized Marketing

Building Customer Profiles: A Framework for Target Market Identification

Target Market Strategies for Dynamic Market Landscapes

Target Market Analysis: A Case Study of Successful Market Penetration

The Evolution of Target Markets: Adapting to Changing Consumer Dynamics

Target Market Research: Unveiling Insights....

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3 Pages
Data Analysis

Business

Data analytics risk transfer

Words: 886
Length: 3 Pages
Type: Data Analysis

Data analytics, cyber capabilities, climate change, and the most recent pandemic have fundamentally altered the way insurance is disseminated around the world. For one, the uncertainty surrounding insurance clauses…

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3 Pages
Research Paper

Business

Retail Data Analytics

Words: 1005
Length: 3 Pages
Type: Research Paper

data collection mentioned earlier. This report shall focus on the data collection in particular. Within this report, there shall be a recitation of the data collection approach, a…

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8 Pages
Essay

Education - Computers

Analytics Interfaces & Cloud Technology

Words: 2203
Length: 8 Pages
Type: Essay

Analytics, Interfaces, & Cloud Technology The use of analytics and cloud technology is a new advance in computing which allows data collection and analytics to be done using higher processing…

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5 Pages
Essay

Business

Analytics and the Growing Dominance of Big

Words: 2022
Length: 5 Pages
Type: Essay

Analytics and the Growing Dominance of Big Data are evolutionizing Strategic Decision-Making The level of uncertainty and risk that pervade many enterprises today is growing, as the dynamics and economics…

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2 Pages
Essay

Business

Analytics and Business Intelligence Assessing the Impact

Words: 574
Length: 2 Pages
Type: Essay

Analytics and Business Intelligence Assessing the Impact of Analytics and Business Intelligence The pervasive adoption of analytics to mitigate risk has accelerated due to greater uncertainties in economic conditions, the accelerating…

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38 Pages
Term Paper

Business

Data Warehouse a Strategic Weapon of an Organization

Words: 10375
Length: 38 Pages
Type: Term Paper

Data Warehousing: A Strategic Weapon of an Organization. Within Chapter One, an introduction to the study will be provided. Initially, the overall aims of the research proposal will be discussed.…

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5 Pages
Case Study

Business

Data Warehouse Case Study VF

Words: 1268
Length: 5 Pages
Type: Case Study

From Supply Chain Efficiency to Customer Segmentation Focus Because of this focus on supply chain forecasting accuracy and efficiency, the need for capturing very specific customer data becomes critical. The…

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4 Pages
Essay

Education - Computers

SQL and Big Data Gaining Greater Insights

Words: 1338
Length: 4 Pages
Type: Essay

SQL and ig Data Gaining greater insights into terabytes of unstructured and structured data organizations have been collecting in many cases for decades across diverse computing and storage platforms…

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5 Pages
Essay

Business

Database Data Warehouse Design Our Company Data

Words: 1488
Length: 5 Pages
Type: Essay

Database Data Warehouse Design Our company, Data Analytic Limited, specializes in collecting and analyzing data for various organizations. Over the years, we have assisted various companies to turn raw data…

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2 Pages
Essay

Information Technology

Big Data is here to'stay

Words: 337
Length: 2 Pages
Type: Essay

EPR Discussion The client has been using an ERP system to integrate financial and non-financial information for decision-making. They have been hearing about Big Data. Briefly explain the concept of…

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2 Pages
Article Review

Education - Computers

Market Research Using Big Data

Words: 660
Length: 2 Pages
Type: Article Review

Internet also known as the big data to the market researchers. The article also aims to show the disadvantages associated with the big data like privacy issues. The…

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5 Pages
Data Analysis

Management

Avoiding Risk through Data Analysis

Words: 1607
Length: 5 Pages
Type: Data Analysis

Discussion of Analytics1There are three main types of analytical techniques: descriptive, predictive, and prescriptive. Each type of analysis has its own strengths and weaknesses, and it is important to…

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2 Pages
Essay

Law - Enforcement

Analyzing Data for Forensics

Words: 632
Length: 2 Pages
Type: Essay

Federal Forensic Data Analytics There are definite advantages to the Federal Bureau of Investigation's Digital Forensic Data Analytics program. Many of those advantages are well aligned with the integration of…

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1 Pages
Thesis

Education - Computers

Streaming Data as Lisa Vaas

Words: 330
Length: 1 Pages
Type: Thesis

As with any new idea, costs associated with the adaptation of a new application would be incurred mainly at the beginning as it personnel would need to be…

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10 Pages
Essay

Business

Application of Predictive Analytics

Words: 3019
Length: 10 Pages
Type: Essay

Predictive analytics is a statistical technique used to analyze current and historical data in order to make a reasonable prediction about future. In a business environment, organizations employ predictive…

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