Project Lead (Analytics) at Novel Analytica at Novel Analytica - Pune, Maharashtra, India
Simplified decision making in a competitive business environment. An innovative approach in business process management- supported by business analytics – helps achieve operational excellence.Small and medium enterprises are increasingly rely on Business Analytics to gain better insights into businesses operations. Data Analytics provides an edge over competition. Data may include financial transactions, communication, material movement, employee engagement and much more. Further, the data may be in any format like text, images, audio or video. The 4Vs- volume, velocity, variety and verifiability of data generated by SMEs is massive. Any small enterprise generates significant data which can be analysed to obtain valuable insights capable of vastly improving business metrics. Business insights derived from the analysis of big data have made it possible for many businesses to enter new verticals.Opportunity: Our approach to Business Analytics is a scientific process of transforming data into insight for making better, accurate decisions. Supply Chain Management Analytics is use of information from different sources, application of Information Technology coupled with statistical analysis, quantitative methods and mathematical modeling – to gain improved insight about business operations.Benefits of Business Analytics:* Quality and relevance in decision-making* Cost efficiency, improving investment returns* Dashboards providing real time information* Improving competitiveness* Synergy in financial and operational thinking* Improving value for management while reducing riskTo know more, get in touch info@novelanalytica.com