Big Data Analysis: Practical Application in Decision Making

Host: University of Derby

Location: Online

Cost: FREE

Dates:

Monday, 19th July 2021 at 10:00am - 12:00pm

When used effectively, big data can create huge advantages for corporate planning, offering both consumer and commercial insights. It can help detect which customers are likely to buy particular products, adding invaluable intelligence to marketing campaigns. Understanding big data also offers insights into the wider business environment, helping identify how competitors might be gaining market share.

What will I learn?

This two-part workshop will explore the role of big data in businesses today. You will discover Microsoft Office tools and techniques that can help your organisation use data more effectively.

The first session takes place on Monday 19 July and the second on Thursday 22 July. Both sessions will take place between 10am and 12pm.

Session 1: What is big data?

Here you will explore what big data is, who needs it, and what is it used for in the world of business. You will be shown examples of big data sets and learn how these can be analysed to provide insights into a range of different topics.  

Session 2: Data led strategies

In this second session you will find answers to questions such as:

  • How can I begin to use data led strategies within my organisation?
  • How can the use of Microsoft Excel program make my reports to middle and senior management more engaging?
  • How do I turn my company data into meaningful charts and graphs that will make presentations more impactful?
  • How can I compare data in a range of ways that gives interprets the data for senior management?

There will be a number of techniques demonstrated during the workshop, and you will have the opportunity to practice with the same dataset after the session.

What does it cost to attend?

The workshop is part of our Enscite programme which is funded by the European Regional Development Fund (ERDF). This means the workshop is fully funded and offered without any cost to your organisation.

Is my organisation eligible to participate?

To participate, you must work for an organisation that meets the following funding criteria:

  • Part of the automotive, aerospace or rail sector supply chains (not however part of the financial services sector)
  • Based in Derbyshire or Nottinghamshire
  • Fewer than 250 employees
  • No more than 25 per cent owned by a large company (i.e. a company that is not an SME)
  • Turnover of less than 50 million euros and/or annual balance sheet less than 49 million euros
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