WELCOME TO OUR PRESENTATION HARD FORTUNE
DATA….. • Data is distinct pieces of information, usually formatted in a special way. All software is divided into two general categories : data and programs. Programs are collections of instructions for manipulating data. • Analysis is the process of breaking a complex topic or substance into smaller parts to gain a better understanding of it. The technique has been applied in the study of mathematic sandlogic since before Aristotle, though analysis as a formal concept is a relatively recent development.
GROWTH…… • Growth refers to a positive change in size, often over a period of time. Growth can occur as a stage of maturation or a process toward fullness or fulfillment. It can also perpetuate endlessly, for example, as detailed by some theories of the ultimate fate of the universe.
Business Analysis • Purpose: • Identify where the business stands in relation to rivals, etc. • Collect and use data to inform business decision making • Identify strengths and weaknesses in the business • Use information to inform strategic planning
Business Data Analysis: • Businesses increasingly are competing on analytics, but many businesses continue to base their analytic strategy on standard databases, such as Microsoft Access and common spreadsheets. But the demands on analysts and their organizations have increased, making this strategy less effective. Today businesses need to address more data, analyze data at greater speed, adapt to more changes, and support the analytic needs of more users, including business users, not just programmers.
* Based on analytic strategy. • *More data. • *Greater speed. • *Analytic needs. • Ex: Microsoft access and common spreadsheets.
Business growth of BD • The sectoral composition of the economy has changed significantly over the past five decades (Chart 4). Agriculture’s share of the economy has nearly halved from about two-fifths in the early 1960s. The share of industry, on the other hand, has doubled since the early 1970s to about 30 per cent. Services have steadily accounted for about half of the economy since the 1970s. The economic acceleration of the past couple of decades has occurred nearly evenly in the industry and services sectors. Services have contributed particularly strongly to growth in the current decade.