Analytics have supremacy in various leading industries in detecting fraud, minimizing risks, reducing customer churn, increasing acquisition rates and in improving online conversions. That supremacy is operational. Operational analytics looks at how precise business operations work on a daily basis thereby to come up with a speedy solutions for change.
Megan, recently conquered her dream of starting a boutique. She did not locate the boutique in her own lane. She choose a different place far away from her home. She has analysed that people in her street are not good customers as she has seen them haggle a lot in every other shop, and there are two other boutiques showing their existence in her lane,