Question: SHORT CASE ANALYSIS FOR DATA ANALYTICS: DEFINITIVE WITH ANALYSIS ABC Company, a large manufacturing firm, has implemented a new data analytics process in its company.
SHORT CASE ANALYSIS FOR DATA ANALYTICS: DEFINITIVE WITH ANALYSIS
ABC Company, a large manufacturing firm, has implemented a new data analytics process in its
company. The CEO, Mr Ivor, had asked the Data Analytics Champion, Mr Mike, to explain the
process and levels of analytics flow that they had implemented to improve their overall
performance.
The Company implemented the process using this diagram below:
You are tasked to support Mr Mike in explaining to the CEO the description, benefits, and details
of the company's data analytics process. Refer to the following questions and answer each of them
with proper explanation andor justification:
A Which process or stage is the culminating event of the whole diagram?
B Which process possess the creation of a forecast for the business performance?
C Which process gives feedback as an input to the whole system?
D Which process depicts that after discovery of a trend in data, it can suggest what should take
place?
E Which process converts the operational data into a more meaningful figure such as profit
for entity?
F Which process suggests that after finding out a trend in data, it will proceed to advanced
simulation?
G Comment on the process used by the company to offer perhaps a better and efficient way
of implementing the data analytics process.
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