This course builds on the Foundations of Big Data concepts in exploring the applications of data mining process for business operations such as demand planning and inventory management. In addition, the course will explore the potential of Big Data applications to improve business decisions.
- Understand the relation between the Internet of Things (IoT) with Big Data analytics, Singapore’s Industry Transformation Maps (ITMs), and the Smart Nation digitalisation initiative towards creating a smart connected state, especially the challenges faced during this disruptive transition
- Understand the data mining process
- Applications of data mining process for business operations
- Explore the potential Big Data application for improved business decisions
Introduction to Singapore ITM
- Appreciate and understand the ITM initiatives as well as the impact on businesses
- Understand the need and applications of IoT with Big Data analytics in the digitalisation transformation
Data Mining Process
- Understand the data mining process
- Applying data mining to business operations: identify relevant data sources and the process for gathering and organising the data
- Determine the data mining process for business operations
Big Data Applications
- Understand the application of the data mining process for business decisions
- Understand Big Data applications: identify the data mining process for business decisions in business operations
- Determine the process mining application: design the data mining process
Explore Big Data Applications
- Understand the demand planning needed for the business operations
- Determine the data mining process for demand planning
- Determine the Big Data applications for decision making in demand planning
Explore Applications for Businesses
- Examples relating to ITMs include logistics, transportation (autonomous vehicles), healthcare (electronic medical records), and finance and retail (facial recognition and QR code for e-payment)
- Introduction to the Blockchain process as application for fintech and supply chain finance
- Determine the data mining process needed for supply chain operations including just-in-time (JIT) concept
- Determine the application for decision making in supply chain operation
Participants will learn through the highly engaging lectures, case studies, relevant examples, illustrations, exercises, and transformative industry practices to gain deeper understanding and insights on the topics covered.
This course is suitable for managers, engineers, and executives making analysis or decisions through data in the service or manufacturing sector.
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More Information
- (Local Institution) MDIS - Service Quality Centre
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