Value of Information

Memphis Cuts Crime With Predictive Analytics -- Information Week | Analytics -- InformationWeek

Memphis Cuts Crime With Predictive Analytics

Data mining made faster

Data mining made faster

Analytics

Analysis is all about digging dip into data to discover relationships,find causations and describe phenomena. A practical definition of analytics would be, how an entity arrives at an optimal/realistic decision based on existing data.

Business Intelligence

You have probably heard of the term Business Intelligence (BI).
These are computer based techniques used in spotting spotting,digging out and analyzing business data, such as sales revenue by products or departments or associated costs and incomes.

Finally

Apparently there exists a society known as ORSSA in south Africa

About OR

Operations Research is an interdisciplinary branch of applied mathematics and formal science that uses advanced analytic methods such as mathematical modelling,statistical analysis and mathematical optimization to arrive at near optimal solutions