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What is Analytics?

Monday, 5th December 2011

Analytics is the application of artificial intelligence techniques and advanced statistical methods to identify patterns from data.  Using the patterns of process, customer, employee, population and/or competitor behaviours improves business performance.

Analytics professionals are involved in diverse areas including sports performance enhancement, online behaviour, cross channel cost management, pricing, lead identification, salesforce effectiveness, credit risk, forecasting, process optimisation, equitable distribution of resources for government,  workforce planning, quality assurance, safety and customer insight.

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