Pankaj Deshpande

Gone are the days when product design and advertising helped make competition in the business sector. Data now plays a critical role in business. The amalgamation of business intelligence (BI) and data analytics has given rise to the fast-paced process of business analytics. It is a group of automated data procuring tools and services. It consists of applied and predictive analytics, statistics, data mining, and so on.  Business analytics helps you further understand your business and make more calculated decisions for the betterment of your business. Harvard Business School’s Professor Hammond says, “data analytics is a very effective way to influence an organization.”  There are three elementary types of business analyses.  Descriptive: Using historical data to help identify patterns and trends  Predictive: Statistics can be used to predict future results  Prescriptive: Using trial and error method to determine which method gives a better outcome  To ...

Making a career in Innovation has grown as one of the most promising professional fields that many young individuals are leveraging in today’s time. For many professionals and students, getting a postgraduate degree looks like the subsequent reasonable step to promoting their career. Recently, many students are opting for different post-graduation options like pursuing an MBA in Innovation. This is the reason why an MBA degree in innovation has gained a lot of popularity nowadays. Earning a Master’s Degree in Innovation can assist students in building a stable career for the future.   What is Innovation Management? Innovation Management is a business field that promotes and fosters organizational innovation and involves methods that help the industries strategically. Doing a Post Graduate Program in Innovation Management at the university level will equip you to determine the prevalent difficulties businesses meet to favourably innovate, whether that business is an established...