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International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456Trend in Scientific Research and Development (IJTSRD) ISSN: 2456Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470 | IF: 4.101

        or a product seller can use it to predict the movement or a product seller can use it to predict the movement   l language.  Here  the  transformed  data  is  having anguage.  Here  the  transformed  data  is  having
        of  product  prices,  or  it  can  be  used  to  detect  trends of  product  prices,  or  it  can  be  used  to  detect  trends   different  coding,  quality  than  the  source  data.quality  than  the  source  data.
        such as in banks if a manager wish to recognize the er wish to recognize the   Non-relevant  (repeat  &  missing)  data  are relevant  (repeat  &  missing)  data  are
        most  profitable  customers,  or  alert  a  credit  card most  profitable  customers,  or  alert  a  credit  card   excluded.  The  data  warehouses  technology  is The  data  warehouses  technology  is
        customer  to  a  probable  fraudulent  charge.  Thus  the customer  to  a  probable  fraudulent  charge.  Thus  the   subject-oriented, integrated,integrated, time-variant and non-
                                                                   volatile  collection  of  data  which  supports  the olatile  collection  of  data  which  supports  the
        business analytics help in answering many questions business analytics help in answering many questions   v
        such as what will happen if the demands of products demands of products   management’s decision-making process [10].making process [10].
        decrease. Or if suppliers’ prices increaseincrease, what is the
        risk to lose money in a new business?                   3.  Data Analysis/Application layer Data Analysis/Application layer
                                                                   I It consists of tools which are used for analysis of t consists of tools which are used for analysis of
        Structure of Business Analytics                            integrated  data.  This  analysThis  analys  is  identify  trends,
                                                                   patterns  and  exceptions  also.atterns  and  exceptions  also.  OLAP  (Online
        The organization has to understand the  business need      p
                                                                   A
        thoroughly so that the state of the art solution can be thoroughly so that the state of the art solution can be   Analytical  Processing  databases)  are  used  to nalytical  Processing  databases)  are  used  to
                                                                   p
        found out. BA is not a common solution to a business common solution to a business   process  the  data  and  provides  different  point  of rocess  the  data  and  provides  different  point  of
        problem  but  varies  according  to  the  individual problem  but  varies  according  to  the  individual   v
                                                                   view from all angles of the same data.iew from all angles of the same data. Sales data
        business  need.  Data  mining  is  part  of  Business Data  mining  is  part  of  Business   c
                                                                   can  be  collected  within  one  particular  territory,an  be  collected  within  one  particular  territory,
        intelligence functionalities as defined by Gartner who intelligence functionalities as defined by Gartner who   within  a  limited  time  frame  and  of  a  particular me  frame  and  of  a  particular
                                                                   product  or  product  line.roduct  or  product  line.  The  most  significant
        described  BI  as  a  software  platform  delivering  14 described  BI  as  a  software  platform  delivering  14   p
        capabilities   divided   into    three three   groups groups   of of   c
                                                                   component of the application layer is data mining omponent of the application layer is data mining
        functionalities  including  integration,  information functionalities  including  integration,  information   a  computational  process  involving  the  discovery   computational  process  involving  the  discovery
                                                                   a
                                                                   o
        delivery and analysis functionality which contain the delivery and analysis functionality which contain the   of patterns in large data setsf patterns in large data sets [11] .It involves using
                                                                   methods  that  are  at  the  inteethods  that  are  at  the  intersection  of  artificial
        data mining and predictive modeling.                       m
                                                                   intelligence,  machine  learning,  statistics,  and ligence,  machine  learning,  statistics,  and
        While  data  mining  is  considered  as  the  automated While  data  mining  is  considered  as  the  automated   d
                                                                   database systems to present useful information to atabase systems to present useful information to
                                                                   users  [12].  The  outcomes  of  the  data  mining  are sers  [12].  The  outcomes  of  the  data  mining  are
        process  to  detect  the  un  known  patterns  in  the known  patterns  in  the   u
                                                                   used  for  prediction  and  descriptionsed  for  prediction  and  description  (describes
        structured data of the organization (7)  (8). The other    u
                                                                   r
        scientists also describe data mining as the process to scientists also describe data mining as the process to   reality).The  already  known  variables  areality).The  already  known  variables  are  used  to
        collect, filter, prepare, analyze, and store data that will and store data that will   predict the future outcome.redict the future outcome. The data mining uses
                                                                   p
        be used to create useful knowledge and supporting the be used to create useful knowledge and supporting the   v
                                                                   various techniques and some of these are listed by arious techniques and some of these are listed by
        business analytics and predictive modeling.modeling.       Hen et al. (2011) in their publication Data Mining: en et al. (2011) in their publication Data Mining:
                                                                   H
                                                                   Concepts & Techniques and analyzed in Stodand analyzed in Stodder’s
        The generalized structure of data analytics is divided analytics is divided   research  text  Customer  Analytics  in  the  age  oesearch  text  Customer  Analytics  in  the  age  of
                                                                   r
        into different elements                                    social media(2012)are Cluster Analysis, Anomaly ocial media(2012)are Cluster Analysis, Anomaly
                                                                   s
        1.  Data Source/Data Layer                                 Detection, Association Rule mining,Association Rule mining, Classification
            The internal source of data is generated from ERP,The internal source of data is generated from ERP,   methods, Regression analysis & natural language Regression analysis & natural language
            CRM,  or  SCM  systems  or  other or  SCM  systems  or  other  soft  ware’s,   processing.
            spreadsheets,  HTML  &  XML  documents,HTML  &  XML  documents,  other
            files  and  spreadsheets.  The  external  data  sources and  spreadsheets.  The  external  data  sources  4.  The presentation or display layerThe presentation or display layer
            are  statistical  public  reports.  The  other  inputs  of are  statistical  public  reports.  The  other  inputs  of   It  presents  the  data  in  usert  presents  the  data  in  user-friendly  manner.  The
                                                                   I
            data  are  discussions,  videos,  graphics  and  other graphics  and  other   outcome in different performance ere ports performance ere ports which
            user generated content.(9)                             is  used  to  monitor  the  performance  of  business.s  used  to  monitor  the  performance  of  business.
                                                                   i
                                                                   T
                                                                   The reports can be customized as per the need of he reports can be customized as per the need of
        2.  ETL Process/Integration layer                          the  final  user.  Results  are  in  the  form  of Results  are  in  the  form  of
                                                                   s
            Extract,  Transform,  Load  This  layer  extracts  the Extract,  Transform,  Load  This  layer  extracts  the   spreadsheet or dashboards.preadsheet or dashboards. The strategic decisions
                                                                   a
            data from different original data sources,ta from different original data sources, clear the   are  derived  from  these  dre  derived  from  these  dashboards.  The
                                                                   d
            inconsistent  data,  keep  the  data  in  required  form keep  the  data  in  required  form   dashboards  measures  the  business  performance ashboards  measures  the  business  performance
            and  structure,  integrate  all  the  data  together  and integrate  all  the  data  together  and   e
                                                                   effectively  which  is  a  multiffectively  which  is  a  multi-layered  applications
            upload it in defined data warehouse or data mart. upload it in defined data warehouse or data mart.   b
                                                                   built on business intelligence and data integration uilt on business intelligence and data integration
            The data processing or transformation is done by The data processing or transformation is done by    infrastructure [13]
            using  programming  language,  scripting  or  SQL scripting  or  SQL




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