Business Data Analytics: Applications and Research Trends

Abstract

In the current digital world, data analytics has become more vital to get deeper insights of data to infer unexplored knowledge. Particularly, data analytics is very much essential for the business domain that helps the business organizations to increase their growth. In business data analytics, a set of algorithms are incorporated to analyze the past and present business data, to obtain the hidden knowledge that can lead to make better decisions. Education 4.0 focuses on the schemes to learn and it aligns with the rising fourth revolution among the industries. The mass infiltration of data that are generated through the user paved the way for the Big Data analytics that impacts on the everyday lives. The process of decision making is enriched with the help of analytics. Tremendous benefits have been witnessed in recent years due to the use of Big Data. To business, technology is to basically keep the customer and the company closer. The new trend of business firms embarking on the projects of Big Data shows the massive development in the world of business. The interesting aspect of Business Analytics is to facilitate better customer services and to generate new products. Understanding the necessities of the customers and devising modern methods to satisfy them are exceptional fields that have helped to enhance the quality of new services. This chapter is about an overview of Education 4.0, Big Data analytics and business analytics, and the impact of Big Data analytics on Education 4.0 as well as business analytics. Some of research perspectives in these domains are also projected.