Analytics Magazine Analytics Magazine, March/April 2014 | Page 25

associated with the cloud, they still require the same data scientist prowess needed to power in-house analytics solutions. Statistical knowledge, business understanding and analytical savvy are all required to use cloud-based analytics programs to effectively bridge the gap between business questions and meaningful data insights. Cloud-based analysis is a new breed of solutions that encompass much of the “heavy lifting” when it comes to analysis. With cloud-based analysis, domain expertise is resident in the solution. Rather than 12-6 leeds ad alternate_Layout 1 12/20/13 8:13 AM Page 1 exclusively serving as an analytics tool in the cloud, cloud-based analysis also offers pre-configured analytic queries to apply to the data sets found in a given industry. Companies can upload their data, which is then analyzed using a series of vetted, tried and true statistical analyses and algorithms that instantly reveal actionable insights for that particular industry. These cloud-based analysis solutions are best suited for operational analysis where best practices and industry norms are the most relevant. Stand Out. Leeds alum Matt Emmi, founder of OneButton, Boulder-based tech company Position yourself in a lucrative new career with a master’s degree in Business Analytics or Supply Chain Management. Intensive nine month programs World-renowned faculty Experiential projects with industry clients Personalized professional development Be Boulder. Get started now: www.leeds.colorado.edu/MS A NA L Y T I C S M A R C H / A P R I L 2 014 | 25