Data Analytics in Industry

DAT 205 Module Five Data Analytics in Industry Template

Instructions

Fill in the blank cells in each table below. The cells will expand as you type.

Role

Identify the title of the job position.

Organization

Identify the name of the business organization.

Industry

Identify the industry the organization is associated with.

Business Problem

1. Identify a common challenge or problem that business organizations face in the industry you identified. Please note: The challenge or problem does not have to be directly aligned to the job position you selected, but it does need to be specific to the industry you’ve identified.

Addressing the Business Problem

2. Explain how data analytics can be used to address this challenge or problem in the industry. Address the following in two to four sentences each:

3. What types of data are commonly used to address this type of problem or challenge?

4. Which areas of data analytics are commonly used to address this type of problem or challenge? For example, text analytics, fraud analytics, customer analytics, or others.

Citations

5. Cite all sources used in your research in APA format.

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DAT 205 Module Five Assignment Guidelines and Rubric

Overview

Data analytics is immediately relevant in nearly every industry and can be used to address challenges and solve problems in business organizations. For example, data analytics is commonly used for improving efficiency, cost savings, and communication in various business organizations. As an analyst, you must be able to identify common issues that organizations face and consider where your interests lie within an industry.

Prompt

Search for relevant job positions that utilize data analytics on  Handshake . Use the  Handshake Guide  to help you search for relevant job postings. Please note: You may choose to use one of the job positions you researched in previous assignments.

Select  one job position that interests you. Be sure that the job description includes information on the organization and the industry it is in. Review the job description and  identify the title of the role and the organization that is hiring.

· Identify the industry the organization is associated with. The organization’s industry will likely appear below the organization’s name. How does this industry use data analytics?

Based on the description, how will this position utilize data? What are the organization’s needs? Address the following about the industry you have identified:

· Identify and describe a common challenge or problem that business organizations face in the industry you’ve identified. For example, a common challenge for large companies in several industries is to find effective ways to integrate customer data between companies when one business is acquired by another. Please note: The challenge or problem you identify does not need to be directly aligned to the job position you selected, but it does need to be specific to the industry you’ve identified.

· Explain how data analytics can be used to address this challenge or problem in the industry. Address the following:

· What  types of data are commonly used to address this type of problem or challenge?

· Which  areas of data analytics are commonly used to address this type of problem or challenge? For example, text analytics, fraud analytics, customer analytics, or others.

What to Submit

Use the  Data Analytics in Industry Template  to complete the assignment. Be sure to include the names of the job position, business organization, and industry you chose in the template. This assignment must be 2 to 4 pages in length. All references must be cited in APA format. Consult the  Shapiro Library APA Style Guide  for more information on how to ensure your references are appropriately cited in APA format.