BUS520 Recent Trends In Business Analytics - Machine Learning

BUS520 DISCUSSION POST MOD 4
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Recent trends in business analytics - machine learning
Machine learning technology learns from data and continuously improved, using algorithms that provide new knowledge, and is closely linked to artificial intelligence and deep learning. Analytics are useful to make smarter and faster decisions, with measurable business results and machine learning is beneficial decision optimization for different industries including manufacturing (Brands & Holtzblatt, 2015). The manufacturing firms make better decisions using machine leaning to plan and schedule for business activities. The use of machine learning also improves efficiency, which lowers costs and improves delivery times, while also enhancing a firm’s competitiveness. The benefits of investment in business analytics are assessed by considering the performance and differences in outcomes when decisions are made (Adler, 2013). Businesses increasingly require data from multiple sources and big are useful for analysis and goes beyond data mining, but still focus on high quality analytics.
Part 2: Concepts in business and MBA degree
The ...