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Information Systems for Management | Essay

   

Added on  2022-09-13

7 Pages1760 Words10 Views
Running Head: BA and DP
0
Information Systems for
Management
Essay
(Student Details: )
4/8/2020

BA and DP 1
Abstract
The paper is focused on identifying the role of business analytics and data privacy in
contemporary organizations. While doing so, the research on both will be conducted while
covering different aspects like relationship, implications, effects of data privacy on business
analytics, and many more. With the help of this discussion, both the terms data privacy and
business analytics will be defined in general. In addition, the key impacts of BA on DP will
also be included here. While conducting BA, there are some major concerns related to data
privacy hence the understanding related to these DP concerns is necessary. The research has
found that in this era several IoT-driven devices are delivering real-time data to contemporary
organizations all across the world while allowing intimate entry within the lives of customers
worldwide. In this way, this discussion has successfully defined and described data privacy
and business analytics for modern firms and businesses.

BA and DP 2
Business Analytics and Privacy
Introduction
The essay is based on researching Business Analytics (BA) and Data Privacy (DP)
while defining as well as analysing relationships between DP and BA. With the help of this
discussion, both the terms data privacy and business analytics will be defined in general. In
addition, the key impacts of BA on DP will also be included here. While conducting BA,
there are some major concerns related to data privacy hence the understanding related to
these DP concerns is necessary (Norton Lifelock, 2020). Apart from this, the essay will also
highlight numerous privacy-related implications of BA in the context of contemporary
organizations. Moreover, after doing this, the essay will contain my reflection on the
implications of BA as well as DP for future career and life in society. Lastly, the whole
discussion will be summarized at the end of the essay.
Business analytics
In order to define BA, it is a set of skills, practices, technologies, for continuous
iterative exploration as well as investigation of previous business performance. Such practice
aims to further gain drive and insight business planning for the future. In other words, BA is
iterative, or we can say methodical exploration of the data of an organization, along with an
emphasis on statistical analysis. In addition, BA is utilised by modern companies as they are
committed to making efficient, effective and data-driven decisions (Trkman, McCormack, De
Oliveira, & Ladeira, 2010).
The application of BA can be seen as Internet of Things (IoT) which is being typically
used by the contemporary organizations. It is because, IoT is being effectively used for
business analytics with the analysis of big data volumes produced by the associated devices
in businesses. IoT is making business analytics possible by optimizing operations, controlling
processes automatically, engaging increased customers, as well as empowering employees
within modern businesses (Oracle, 2020).

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