As with all things, there isn’t a simple answer. Cash flow and profits are both crucial aspects of a business. For a business to be successful in the long term, it needs to generate profits while also operating with positive cash flow. Additionally, the type of business you operate will dictate the importance of Cash flow over Profits, or vice versa. Read more “What’s more important: Cash Flow or Profits?”
Business Analytics is “the study of data through statistical and operations analysis, the formation of predictive models, application of optimization techniques, and the communication of these results to customers, business partners, and college executives.” Business Analytics requires quantitative methods and evidence-based data for business modeling and decision making; as such, Business Analytics requires the use of Big Data.
Big Data: What is it? Read more “What is Business Analytics?”