The Statistical Product and Software Service (SPSS) is a program used to study business data and generate analytical reports based on the current business performance. The analytics department is capable of creating a strong business intelligence arm for a company. A thorough knowledge of competitors’ business practice and customer relationship essentials can allow a company to create a robust business strategy. Business research and analysis tools are widely used in the corporate world.
The demand for usage of statistical analysis tools such as SPSS, SAS and MS Excel is growing exponentially. In current times, organizations are becoming more adaptable and innovative in response to changing customer preferences. The challenge of uncertainty in business outcomes is faced by all types of organizations, be it a large corporation or a medium-size enterprise. Statistical tools such as SPSS and SAS can create a new level of certainty for a business from any industry. The certainty in predicting a competitor’s move or in adopting a better customer acquisition strategy has created a unique platform for the research and analytics industry. The use of statistical analytic tools for bringing more accountability and stability in the business operations has become an industry performance standard.
The academic growth in the field of statistical analytics involves the candidate’s commitment to learn the subject of statistics, the statistical tools and their usage methodology. Statistics is a science of predictability and analytic tools such as SPSS are created when this science meets technology. It is essential for the student to be knowledgeable in terms of both the science of predictability as well as the technological efficiency of information tools such as SPSS and SAS.
In addition to familiarity with the subject, learning through case studies in analytics and adopting a practical approach to understand business value is also important. There are various cases that can be studied based on the available data. This study can involve: a) predicting market demand for a product or service, b) selecting the best marketing segmentation strategy to approach a particular customer segment, c) Encouraging product innovation through current understanding of the product dynamics, d) Introducing a new customer retention strategy based on the outcome of a statistical study backed by a strong proof of research & analytics report
It is advisable that the candidate opts for a professionally designed business analytics courseware that is designed to meet their long-term academic and career goals. All statistics tool experts and subject matter experts working with us are the biggest strength of our organization. The skills of our statistics application and tools experts are polished to a level that meets and often excels the industry standard.
We work with statisticians who have more than 5 years of experience in working with statistical applications such as R, and SPSS. Our executives working in the statistics domain have worked on several high profile research and development assignments for the government as well as private sector companies.
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