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Updated in [September 15th, 2023]
What does this course tell?
(Please note that the following overview content is from the original platform)
The course widely suits for Business Managers Business Analysts using SAPAnalytics cloud for data driven process the course focuses on Predictive Data Analytics that provides you with the specialist knowledge and most sought-after skills youll also learn how to transform data sets into useful insights which will help you make better data-driven decisionsUsing the Predictive analytics tools and models any organization can now use past and current data to reliably forecast trends and customer behaviors into the futureUsing SAPCloud analytic tools you will learn how to effectively manipulate analyse and interpret data to improve business performancePredictive Analytics is being used by supply chains management firms marketing for promotional planning and to increase revenue and sales by targeting customers who are likely to make a purchase It is also being employed for the purposes of customer retention and product management for portfolio optimizationIt is capable of exposing more insights on when and why the demand may occur and providing what if analysis and insights that may be used to influence customer demands and needs Predictive analytics encompasses a variety of statistical techniques involving data mining predictive modelling and machine learning that analyze current and historical data to make predictions about future or otherwise unknown eventsAt the end of the course youll be able to build the following Classification modelsRegression modelsTime series modelsInterpret the metrics for ClassificationInterpret the metrics for RegressionInterpret the metrics for Time SeriesApply the trained ClassificationRegression and Time Series models to the unseen dataset to make the predictions
We consider the value of this course from multiple aspects, and finally summarize it for you from three aspects: personal skills, career development, and further study:
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What skills and knowledge will you acquire during this course?
During this course on Predictive Analytics on SAP Analytics Cloud, the learner will acquire a range of skills and knowledge. They will gain specialist knowledge in Predictive Data Analytics, which is highly sought-after in the business world. The course will teach them how to transform data sets into valuable insights, enabling them to make better data-driven decisions.
By using the Predictive analytics tools and models provided by SAP Analytics Cloud, the learner will learn how to effectively manipulate, analyze, and interpret data to improve business performance. They will understand how to use past and current data to reliably forecast trends and customer behaviors, allowing organizations to make informed decisions about their future strategies.
The course will also cover various applications of Predictive Analytics, such as supply chain management, marketing for promotional planning, customer retention, and product management for portfolio optimization. It will demonstrate how Predictive Analytics can provide insights on when and why demand may occur, and how it can be used to influence customer demands and needs.
By the end of the course, the learner will be able to build Classification models, Regression models, and Time series models. They will also learn how to interpret the metrics for each of these models, enabling them to assess the accuracy and effectiveness of their predictions. Finally, they will be able to apply the trained models to unseen datasets to make predictions in real-world scenarios.
How does this course contribute to professional growth?
This course on Predictive Analytics on SAP Analytics Cloud contributes significantly to professional growth. By completing this course, individuals, such as Business Managers and Business Analysts, who are already using SAP Analytics Cloud for data-driven processes, can enhance their specialist knowledge and acquire highly sought-after skills in Predictive Data Analytics.
The course focuses on transforming data sets into valuable insights, enabling professionals to make better data-driven decisions. By utilizing predictive analytics tools and models, organizations can now rely on past and current data to forecast future trends and customer behaviors accurately. This capability is particularly valuable for supply chain management firms and marketing departments, as it allows them to plan promotions effectively, increase revenue, and target customers who are likely to make a purchase.
Moreover, Predictive Analytics is also utilized for customer retention, product management, and portfolio optimization. It provides insights into when and why demand may occur, enabling businesses to influence customer demands and needs. This course equips professionals with the skills to manipulate, analyze, and interpret data effectively using SAP Cloud analytic tools, ultimately improving overall business performance.
By the end of the course, individuals will have gained the ability to build various models, including Classification models, Regression models, and Time series models. They will also learn how to interpret metrics for each of these models, allowing them to make accurate predictions based on unseen datasets.
Overall, this course on Predictive Analytics on SAP Analytics Cloud offers professionals the opportunity to expand their expertise, stay ahead in the industry, and make informed decisions based on data-driven insights.
Is this course suitable for preparing further education?
Yes, this course is suitable for preparing further education. It provides the specialist knowledge and most sought-after skills needed to effectively manipulate, analyse, and interpret data to improve business performance. It also covers a variety of statistical techniques involving data mining, predictive modelling, and machine learning that can be used to make predictions about future or otherwise unknown events.
Course Syllabus
Introduction to Predictive Analytics
Predictive Analytics : Classification
Performance metrics for Classification
Predictive Analytics : Classification Example 2
Predictive Analytics : Regression
Performance metrics for Regression
Predictive Analytics : Time Series
Exploring the Time Series Dataset and Training the Model
Performance metrics for Time series