Business Analytics: Concept to Store, Explore & Retrieve Data Marts, Data Warehouses and Bigdata for Digital Edge Business

Abstract

The development of business analysis as a professional discipline has extended the role and responsibilities of the business analyst (BA). Increasingly, BAs are engaged at an early point. They investigate ideas and problems, formulate options for a way forward and produce business cases setting out their conclusions and recommendations. As a result, the responsibility for advising organisations on effective courses of action lies with BAs, and their work precedes that of the project manager. The early engagement of BAs also places a critical responsibility upon them – the need to ensure that all business changes are in line with the mission, objectives and strategy of the organisation. This business context is the key foundation for understanding and evaluating all ideas, proposals, issues and problems put forward by managers. While few BAs are involved in analyzing and developing strategy, it is vital that they know about the strategy of their organisation so that they can conduct their work with a view to supporting the implementation of the strategy and the achievement of the business objectives. This research paper gives fundamental modeling of Business Analytics with its scope in management science and organization.