Business Perspective - UIS

Business Analytics is the process of using data and statistical methods to analyze business performance and make informed decisions. Big Data refers to the vast amounts of structured and unstructured data that are generated every day, and the tools and technologies used to store, process, and analyze this data. AI, on the other hand, is the field of computer science that focuses on creating machines that can perform tasks that would normally require human intelligence. Business Analytics, Big Data, and AI are all interrelated and work together to help businesses make more informed decisions. Business Analytics uses data analysis techniques to extract insights from Big Data, and AI can be used to automate certain aspects of data analysis, making it faster and more efficient. What Can These Technologies Do for Us? Business Analytics, Big Data, and AI have the potential to transform the way we do business. These technologies can help businesses to: -      ...

  Operations management is a critical component of any organization's success, as it involves the planning, organizing, and controlling of the production processes, resources, and activities that drive business performance. Whether a company is manufacturing goods, providing services, or a combination of both, effective operations management is essential to achieving organizational goals and satisfying customer demands. In this blog, we'll delve deeper into operations management and explore the key concepts, tools, and strategies used by organizations to optimize their production processes and improve overall efficiency. Key Concepts in Operations Management Capacity Planning: Capacity planning involves determining the optimal level of resources needed to produce a certain volume of output, taking into account factors such as demand forecasts, production efficiency, and available resources. Quality Management: Quality management is the process of ensuring that products or servi...