Introduction to Business Analytics

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  • เผยแพร่เมื่อ 15 มิ.ย. 2024
  • There is an updated version of this video: • Introduction to Busine... ... Also, are you interested in building your analytical skills? Microsoft Excel can be a key component of that. If you want, you can use the following link to enroll in my course, www.codybaldwin.com/excel-course

ความคิดเห็น • 276

  • @codymbaldwin
    @codymbaldwin  3 ปีที่แล้ว +14

    There is an updated version of this video: th-cam.com/video/diaZdX1s5L4/w-d-xo.html... Also, are you interested in building your analytical skills? Microsoft Excel can be a key component of that. If you want, you can use the following link to enroll in my course, www.codybaldwin.com/excel-course

    • @saeedbasabain4188
      @saeedbasabain4188 3 ปีที่แล้ว

      Thanks

    • @arpadnagy1354
      @arpadnagy1354 3 ปีที่แล้ว

      Hi Cody Baldwin! can You give me 3 seconds of your life just for this one question ---> How stressful is a Buiness Analytics job? Thank you

    • @abdulbangura9184
      @abdulbangura9184 8 หลายเดือนก่อน

      Please help me to know this

  • @TinaXinyi
    @TinaXinyi 6 ปีที่แล้ว +90

    This is a great example of someone who's loving their job and sharing that excitement in a professional non boring way.

    • @Ravi-ut7kk
      @Ravi-ut7kk 4 ปีที่แล้ว

      i'd like to get to that point about having a job that i am passionate about

  • @michaelpisciarino5348
    @michaelpisciarino5348 5 ปีที่แล้ว +163

    0:54 What is Business Analytics?
    2:38 Types of Analytics: Descriptive, Predictive, Prescriptive
    4:38 Business Problems (Optimal Price, Customers, Bottlenecks/Failure points)
    6:45 Business Case: Cost And Benefit

    • @erw103
      @erw103 4 ปีที่แล้ว +3

      Good annotation. Thank you!

    • @schoolschool7036
      @schoolschool7036 3 ปีที่แล้ว

      Thankyou so much

    • @ninid5297
      @ninid5297 3 ปีที่แล้ว

      You are a hero! Thank you!

  • @ajetz2883
    @ajetz2883 6 ปีที่แล้ว +517

    Watch at x1.25 speed.

  • @Karthik-rz6tm
    @Karthik-rz6tm 7 ปีที่แล้ว +11

    Hi Cody, For someone like me who are just getting started with business analytics, this is an exceptionally useful video! Appreciate your time and effort and looking forward to more videos on business analytics, tools and techniques.

  • @sreenivasamadenahall
    @sreenivasamadenahall 3 ปีที่แล้ว +1

    Simply brilliant, very natural, to the point and a whole lot of genuine wisdom acquired over time!

  • @hellasleepypal
    @hellasleepypal 4 ปีที่แล้ว +1

    One of the best lecture so far. Easy to follow, listen and read.

  • @Kennethkw
    @Kennethkw 3 ปีที่แล้ว +1

    I love the pace you are going, I'm able to take notes easily

  • @alexisjavardian6957
    @alexisjavardian6957 4 ปีที่แล้ว +3

    Thanks for your clear and well articulated explanations! Learned so much from you in such a short time!

  • @skateata1
    @skateata1 7 หลายเดือนก่อน +1

    Im currently in an MBA program. Im 30% done and thinking of putting this as the concentration. Thank you for the explanation.

  • @karladelaoserrano612
    @karladelaoserrano612 7 ปีที่แล้ว +57

    Love the presentation. Very clean, easy to digest and informative (thumbs up)

  • @robertbennett9569
    @robertbennett9569 ปีที่แล้ว +1

    Thanks so much for the video! I'm thinking of going back to school at age 60 to get an MSBA. I have a background in Digital Signal Processing. What a fantastic adventure! After watching your video, I feel more committed than before.

  • @vidaltrejo5493
    @vidaltrejo5493 5 ปีที่แล้ว +4

    Excellent video, one of the most clear and very well designed videos i ever watched,

  • @krishnaKumar-zi6ct
    @krishnaKumar-zi6ct 4 ปีที่แล้ว

    Thanks Cody for a clear introduction, the visuals made it interesting and easier to grasp!

  • @rameshhere840
    @rameshhere840 3 ปีที่แล้ว

    great job Cody, keep up the good work! Truly loved the delivery speed.. helps even slow learners catch up without pause :)

  • @dmays67
    @dmays67 5 ปีที่แล้ว +9

    Loved your vid. As someone who can easily get carried away and blinkered to whatever 'tool' or process has caught my fancy your gave me a higher level appreciation of the data analytics biosphere. Confirmed a few things from my own experience and provided food for thought. Thanks =D

  • @srikarnelabotla2557
    @srikarnelabotla2557 7 ปีที่แล้ว +29

    Wonderful video!!! Good for beginners to understand easily....

  • @1023mango
    @1023mango 5 ปีที่แล้ว +4

    Thanks for the video, very easy to understand and explain the topics in a simple way

  • @UsmanSarfraz
    @UsmanSarfraz 4 ปีที่แล้ว +3

    Apart from learning from your informative video, I felt myself motivated to explore into business analytics tools.
    Thanks for sharing. (Subscribed)

  • @aysegirisgen5695
    @aysegirisgen5695 5 ปีที่แล้ว +4

    Found so much value in this video, thanks Cody!

  • @mr.r_r7199
    @mr.r_r7199 5 ปีที่แล้ว +5

    thanks a lot, im currently working with social media analytics and i find this really useful

  • @lyndonneri2689
    @lyndonneri2689 4 ปีที่แล้ว +4

    Kenrick Matt B. Remotigue BSOA-1
    Business Analytics is placed in the middle of two different dimensions - Management region where changes are required and Technical region where analysts decide what information or inputs developer needs to know.

  • @esraayasin6261
    @esraayasin6261 2 ปีที่แล้ว

    this was summarized, direct to the point and very beneficial, thank you!

  • @waseemahmed4995
    @waseemahmed4995 6 ปีที่แล้ว

    Thanks a lot, Cody, for that very simple and useful introduction!

  • @hounddog00
    @hounddog00 5 ปีที่แล้ว +1

    Nice overview! Thank you, Cody.

  • @carlossr4489
    @carlossr4489 4 ปีที่แล้ว

    Thanks a lot, Cody, I am starting my journey as a Data Driver and your video gave me a good understanding about it. Carlos Salinas from El Salvador!

  • @rockomontana2863
    @rockomontana2863 5 ปีที่แล้ว +3

    Very Informative presentation...thank you!

  • @sayeedbakhressa5723
    @sayeedbakhressa5723 7 ปีที่แล้ว

    Your contents were so simple yet so profound ... Thnx for such a wonderful vid...

  • @gnostikostrainingandeducat1603
    @gnostikostrainingandeducat1603 7 ปีที่แล้ว

    Brilliantly presented. Thank you for this.

  • @alexanderguiragossian1038
    @alexanderguiragossian1038 6 ปีที่แล้ว

    Excellent introduction to business analytics - great overview. Thank you for sharing

  • @LuisRIzquierdo
    @LuisRIzquierdo 3 ปีที่แล้ว

    Excellent, crystal-clear video; thanks so much for creating it and sharing it!!!

  • @balindajuma2306
    @balindajuma2306 5 ปีที่แล้ว +11

    this so incredible like simple explanation

  • @aminitoify
    @aminitoify 4 ปีที่แล้ว +1

    Great and clear explanation of the foundation on business analytics! Thank you Cody!

  • @alexkimi5060
    @alexkimi5060 6 ปีที่แล้ว

    Very good presentation. I liked the Tips at the end. They're very useful.

  • @jonedcatigum5274
    @jonedcatigum5274 4 ปีที่แล้ว +1

    Business analytics takes a data-driven approach to the world of business, using statistics and data modeling to develop new business insights. This blend of technology and business makes it an ideal study option for anyone with an interest in programming or working with big data.

  • @motunrayobabatunde1963
    @motunrayobabatunde1963 5 ปีที่แล้ว +2

    Great video! Quite detailed and really helped with my decision making process

  • @tianyijiang8811
    @tianyijiang8811 6 ปีที่แล้ว

    Thanks! Very clear and understandable for beginners and layman

  • @tyronewalker5764
    @tyronewalker5764 7 ปีที่แล้ว +2

    Well done sir, most eye opening!

  • @noelfabela4899
    @noelfabela4899 4 ปีที่แล้ว

    His explanation is easy to understand. More on descriptive, prescriptive, and predictive in particular.

  • @portosssify
    @portosssify 7 ปีที่แล้ว

    I love your voice & style of explaning it.

  • @atarr19
    @atarr19 ปีที่แล้ว

    Thank you for posting this! I’m a scrum master right now and trying to figure out what to do next with my career

  • @larizalandong3644
    @larizalandong3644 4 ปีที่แล้ว +1

    After watching this video I've learned that business analytics is using tools and techniques to turn data into meaningful business insight, the types of analytics, planning the work and also the challenges, data often needs lots of clening this can sometimes be the most frustrating task and good analytics doesn't solve bad business process but if the process produces poor data, the analytics will be meaningless or even harmful if it's used to make important decisions. I've learned a lot from this video.
    -Lariza Landong BSOA

    • @reshrevfr29
      @reshrevfr29 4 ปีที่แล้ว

      Good observation 👍

  • @xmwang829
    @xmwang829 7 ปีที่แล้ว

    Thank you for loading the video. I like the structure and contents of the video, and the way you deliver the presentation. Well done.

    • @xmwang829
      @xmwang829 7 ปีที่แล้ว

      definitely subscribed. looking for more videos.

  • @ArtfulShelley
    @ArtfulShelley 6 ปีที่แล้ว +6

    And thanks for acknowledging the gut instinct on it, too!

  • @nadiyaresham4941
    @nadiyaresham4941 4 ปีที่แล้ว +2

    Cody thanks so much for this. I just lost my job and am looking to shift into this field. Great explanation.

  • @ychen888
    @ychen888 6 ปีที่แล้ว

    Wonderful intro video for beginners. I am very impressed your clear and practical presentation.

  • @jedianique
    @jedianique 4 ปีที่แล้ว +3

    After watching this video, I've realize and learned a lot of thing about business analytics. By using tools and technique to turn data into meaningful business insights. Knowing the different types op analytics which is the descriptive, predictive and prescriptive analytics. Those business problems and off course Cody said that were not just exploring data for fun instead we seize on market opportunities. Also I've learned about the work planning whereas we should know how to analyze the problem, estimate the effort and build a business case. Same also on how to analyze, visualize and interpret the business that were planning to work. The example given in the video for the traditional analysis that for big STRUCTURED implementation supports lots of demand, sometimes it stiff. While on the other hand the big data analysis where for big UNSTRUCTURED implementations supports lots of demands and it can be very fast.
    There are also challenges and tips he imparted to us people and to the students that do really help a lot. Understanding the the benefits and business impacts of analytics. In his video he covers the business analytics planning, the need for a business case and some technique and tips that we can use to get our business analytics started. Because business analytics is one of the most important components of the emerging tech enable world. Excellent introduction to business analytics.
    JEAN BUNDIA - BSOA 1

    • @reshrevfr29
      @reshrevfr29 4 ปีที่แล้ว

      Very good observation 💯

  • @aileensmith3123
    @aileensmith3123 4 ปีที่แล้ว

    Excellent presentation, easy to understand. Very nice work.

  • @selvabaskarthandapani1019
    @selvabaskarthandapani1019 4 ปีที่แล้ว

    Highly informative, clarity in presentation, ppt is simply superb.... Useful for research.

  • @tobibello5613
    @tobibello5613 6 ปีที่แล้ว

    Thanks Cody, this is a great video-it explains a lot. Very concise!
    Please make more videos

  • @jemzacarias4900
    @jemzacarias4900 4 ปีที่แล้ว +1

    Business analytics (BA) is the iterative, methodical exploration of an organization's data, with an emphasis on statistical analysis. Business analytics is used by companies that are committed to making data-driven decisions. Data-driven companies treat their data as a corporate asset and actively look for ways to turn it into a competitive advantage. Successful business analytics depends on data quality, skilled analysts who understand the technologies and the business, and an organizational commitment to using data to gain insights that inform business decisions.

  • @barathsrinivasan9643
    @barathsrinivasan9643 6 ปีที่แล้ว

    It was an amazing video ! Clearly Organized and Well explained.

  • @laymansolution
    @laymansolution 4 ปีที่แล้ว

    Nothing can be better than this!

  • @sheetalbhanu7566
    @sheetalbhanu7566 2 ปีที่แล้ว

    Very clear and informative video...a big thumbs up

  • @irinayang8797
    @irinayang8797 4 ปีที่แล้ว

    Excellent introduction! Thanks!

  • @EustaquioSantimano
    @EustaquioSantimano 3 ปีที่แล้ว

    Very clear and easy to understand !!!

  • @randomforrest9251
    @randomforrest9251 3 ปีที่แล้ว

    I am studying data analytics and this is indeed a very good introduction to the whole topic with focus on business =)

  • @Sh26373
    @Sh26373 6 ปีที่แล้ว +1

    Thank you so much for your great information. It was very informative.

  • @ushelley
    @ushelley 7 ปีที่แล้ว

    Thank you for this. It was informative and helpful.

  • @johnhillescobar
    @johnhillescobar 7 ปีที่แล้ว +1

    Cody! All I have to say is WOW!!

  • @janexu393
    @janexu393 6 ปีที่แล้ว

    Great video. Simple and informative!

  • @thiagodalboni8541
    @thiagodalboni8541 6 ปีที่แล้ว +2

    I haven't finished your video yet but I want to congratulate you for the great didactics you have. You speak in a way that makes me hear more of what you have to say :)

  • @niladrisarkar9446
    @niladrisarkar9446 6 ปีที่แล้ว

    clarity of business analytics well explained

  • @carmelgabo1223
    @carmelgabo1223 4 ปีที่แล้ว +1

    Josephine A. Gerondio BSOA-1
    This video gives a great introduction for me as a business student and a beginner. I’ve learned something about business analytics though it’s not really that broad but it gives me an idea about how it works, the different types of analytics and the process starting from identifying business problems, how to handle business dilemmas, planning for solutions and finding supports. Generally, this video talks about how to use different tools and techniques to achieve a meaningful business insights. It also gives me an idea about the different challenges that we may encounter in the long run and also some tips to have a clearer and greater business insights in order to achieve our goals in establishing business, it may be small or big.

  • @Knowledgeproduction448
    @Knowledgeproduction448 2 ปีที่แล้ว +2

    Thank you so much! For this informative video very clearly explained. I'm starting my masters soon in business analytics and this was great introduction to it.

    • @robertbennett9569
      @robertbennett9569 ปีที่แล้ว

      Me too. The video really helped to clarify what Business Analytics really is and that it is the thing I want to study.

  • @suzannedaniel2309
    @suzannedaniel2309 4 ปีที่แล้ว

    Thank you, Sir! A zillion thanks to you!

  • @skateata1
    @skateata1 7 หลายเดือนก่อน

    Thank you so much! I'm getting my MBA and thinking of adding this for a concentration.

  • @jillabarlisan6448
    @jillabarlisan6448 4 ปีที่แล้ว +1

    What I'ved understood about the video is more about business analytics of which it covers a lot of techniques, tips and other meaningful information. Cody baldwin indeed show us the background or the introduction to business analytics.
    Niza Larisma BSOA-1

  • @Thunderhammer05
    @Thunderhammer05 4 ปีที่แล้ว

    Very helpful, Cody, thank you!

  • @farwanqv
    @farwanqv 6 ปีที่แล้ว

    Thanks. Great lecture :) I enjoyed watching it

  • @remyaraghav
    @remyaraghav 6 ปีที่แล้ว

    Excellent video sir. informative and insightful

  • @jayantsinha92
    @jayantsinha92 6 ปีที่แล้ว +7

    Tips provided for data handling & approach is really good ,who in entering in business/data analytics.

  • @tymarhalasan3748
    @tymarhalasan3748 4 ปีที่แล้ว +1

    After I watch this video , I've learned a lot of identifying the types of analytics and their important meanings on how it is applied in to our business and analyzed towards our businesses of how and what , and solved the businesses on finding a way , strategy and survey and observation and last passion on achieving the goals of business analytics and significant of business into our lives , in way persons work properly towards their business by using the business analysis so I'm very happy as a student that I gain more knowledge and ideas and strategist and the concept of business analytics in to our business world and our daily lives thank that's all
    Kristian Marty Halasan
    BSOA-1

  • @rodginebacongga4678
    @rodginebacongga4678 4 ปีที่แล้ว +1

    After a worthy time of watching this video, I learned that a data has may functions yet we need to turn these data into useful business insights. I am amazed on the scientific processes, including the techniques, used to properly clean, analyze and interpret data. For me, this is really an informative video because it allows viewers to become aware of the basics of business analytics. It even speaks about the challenges we may encounter in using data to open business opportunities. And yes, I agree on most of the information I've got from watching it.
    By Rodgine L. Bacongga BSOA 2

    • @reshrevfr29
      @reshrevfr29 4 ปีที่แล้ว

      Very good observation 💯

  • @mayurrindhe2088
    @mayurrindhe2088 5 ปีที่แล้ว +2

    awesome content. please make playlist in depth about Business Analytics

  • @melisaperigo4934
    @melisaperigo4934 4 ปีที่แล้ว +1

    After watching this video , I’ve learned some strategies on how to handle problems that we are going to face in businesses and also analyzing data.
    -Meliza Perigo BSOA 2

  • @milvinhermosisima6323
    @milvinhermosisima6323 4 ปีที่แล้ว +1

    Business analytics is the process of collating, sorting, processing, and studying business data, and using statistical models and iterative methodologies to transform data into business insights. The goal of business analytics is to determine which datasets are useful and how they can be leveraged to solve problems and increase efficiency, productivity, and revenue.

  • @DataRanger
    @DataRanger ปีที่แล้ว

    This was super gold
    Keep the good work up

  • @jonedcatigum5274
    @jonedcatigum5274 4 ปีที่แล้ว +1

    Business analytics is a very simple looking term but its meaning is rather complex to understand if you do not pay proper attention.
    So, in simple words, business analytics sums up all the technology, skills, revising the past of the business records, practicing various methods for the exploration of better techniques to get a vision of planning the business.
    Business analytics is a very reliable means of business insight that is based on the data and statistics of the business performance of the past. It is a great asset to your business. Business analytics will give you an idea of the decision-making process about the model to use for the betterment of your business.

  • @summer_5254
    @summer_5254 4 ปีที่แล้ว +4

    After watching this vedio I've learned on how to use tools and technique to turn data into meaningful insights.
    By: Molijon, Geraldine S.

  • @chauchau7920
    @chauchau7920 3 ปีที่แล้ว

    Thanks for the video. I am thinking of changing career and going into data analytics. Good video. Great voice.

  • @abdoulazizgaye4345
    @abdoulazizgaye4345 4 ปีที่แล้ว

    Thanks a lot ! Great and insightful information in this video.

  • @fiona9911
    @fiona9911 5 ปีที่แล้ว

    Very helpful. Thank you for sharing.

  • @BSRankings
    @BSRankings 4 ปีที่แล้ว

    Excellent video for Data Analyst....!

  • @efeotofia1145
    @efeotofia1145 6 ปีที่แล้ว +3

    Simple and Unique..!

  • @sudhirsaleakanomad2051
    @sudhirsaleakanomad2051 5 ปีที่แล้ว +1

    Such a informative video :) thanks mate.

  • @tallboywitshortpants
    @tallboywitshortpants 6 ปีที่แล้ว +1

    Very educational, thank you!

  • @navan2309
    @navan2309 7 ปีที่แล้ว

    Thank you very much for sharing this awesome video

  • @benbozooo
    @benbozooo 7 ปีที่แล้ว +1

    excellent work

  • @alfonsonavarrete4284
    @alfonsonavarrete4284 4 ปีที่แล้ว

    Excelent and very clear!
    Thanks You!

  • @johnr3370
    @johnr3370 7 ปีที่แล้ว

    Great explanation!! Thanks

  • @mikemendonca2579
    @mikemendonca2579 7 ปีที่แล้ว

    Hi Cody, thanks for this video extremely useful as I am beginning my career in analytics and I believe this video has given me a solid foundation.

    • @srikarnelabotla2557
      @srikarnelabotla2557 7 ปีที่แล้ว

      Hi Mike, Even I have started my career in data science. Looking for any guidance from you. Thanks in advance.

  • @balyee2480
    @balyee2480 3 ปีที่แล้ว

    Very informative, will share to as many people as I can 😊

  • @financewomania
    @financewomania 6 ปีที่แล้ว +3

    Very helpful video

  • @jaysweeney2032
    @jaysweeney2032 6 ปีที่แล้ว

    great explanation thanks for sharing.

  • @arunprasanth3905
    @arunprasanth3905 5 ปีที่แล้ว

    I like this vedio very very very much... Thank u...
    I request u to post many vedios regarding business analytics..

  • @priyankj5108
    @priyankj5108 3 ปีที่แล้ว

    Absolutely superb!

  • @bharathkasthuri
    @bharathkasthuri 4 ปีที่แล้ว +1

    Thanks a ton!!. This is very useful..

  • @lyndonneri2689
    @lyndonneri2689 4 ปีที่แล้ว +1

    Business Analytics is a way of exercising and inspecting past data of a firm which is primarily used to make data-driven decisions. We can infer insights and control business direction and in turn, can automate navigation
    Business Analytics as a proper definition is a resultant phenomenon of blending resource skills, operations and applications and thereby deriving insights from them. With Business Analytics we can measure organization level processes such as development, sales, service, and marketing.
    Lyndon L. Neri BSOA-1

  • @shabbaricks
    @shabbaricks 6 ปีที่แล้ว +2

    Thank you for making this - hoping to break into this field with enough self study!

    • @Exhibit_xai
      @Exhibit_xai 4 ปีที่แล้ว

      Same here, transferring over from no IT knowledge