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Data Analytics Helps Business Decision Making

2 Citations•2017•
Feng Jiang
journal unavailable

This paper demonstrates the features and capabilities of IBM Watson Analytics and compares it with other tools in decision making in the field of business intelligence.

Abstract

3 1.0 Introduction 3 2.0 Background 5 2.1 History of data analytics 5 2.2 Significance of data analytics 6 2.3 Review of traditional business intelligence solution 7 3.0 Statement of the Problem 9 3.1 Demonstrating the features and capabilities of IBM Watson Analytics. 9 3.2 What kind of questions can IBM Watson Analytics answer? 9 3.3 Compare IBM Watson Analytics with other tools in decision making. 10 4.0 Business Component 10 4.1 Decision making in business 10 4.2 Benefits of IBM Watson Analytics 11 4.2.1 The case of PensionBee 11 4.2.2 The case of Mondi 12 4.3 Cost analysis and implementation time 16 5.0 Technology Component 19 5.1 How is IBM Watson Analytics work? 19 5.2 Using IBM Watson Analytics analyze airline survey 20 5.3 How to access the system 21 6.0 Results 29 6.1 Demonstrating the features and capabilities of IBM Watson Analytics. 29 6.1.1 Features 29 6.1.2 Capabilities 30 6.2 What kind of questions can IBM Watson Analytics answer? 30 6.2.1 Building questions 30 6.2.2 Add special keywords to build question 32 6.3 Compare IBM Watson Analytics with other tools in decision making. 33 6.3.1 SAS Visual Analytics 33 6.3.2 Salesforce Analytics 34 7.0 Conclusions 35 8.0 Future Research 37 Data Analytics Helps Business Decision Making Jiang 2