EVENT INTRODUCTION 

Over the last 20 years, the field of business analytics has seen significant advances and has transformed the way businesses operate and make decisions.

One of the most significant advances in business analytics has been the advent of big data technologies. With the explosion of data in recent years, businesses have had to find new ways to store, process, and analyze vast amounts of data. This has led to the development of technologies such as Hadoop, Spark, and NoSQL databases, which have made it possible to store and process massive amounts of data efficiently.

Another major development in the field of business analytics has been the rise of machine learning and artificial intelligence (AI). Machine learning algorithms are now being used to make predictions and recommendations based on data, and AI-powered systems are being used to automate a variety of tasks. This has led to significant improvements in areas such as customer service, fraud detection, and supply chain optimization.

The rise of cloud computing has also had a significant impact on business analytics. Cloud-based analytics platforms have made it possible for businesses to access powerful analytics tools without having to invest in expensive hardware or software. This has democratized access to analytics, making it possible for even small businesses to leverage the power of data to make informed decisions.

One of the most exciting developments in recent years has been the rise of generative AI, such as ChatGPT.

These algorithms are capable of generating new content, such as text or images, that is indistinguishable from content created by humans. This has opened up new possibilities for applications such as natural language processing, content creation, and even gaming. Overall, the development of analytics tools has been driven by the need to solve complex problems and make better decisions based on data. From the Enigma machine to generative AIs, these tools have transformed the way we approach analytics and opened up new possibilities for the future.

The 4th National Business Analytics Conclave at KIIT School of Management, KIIT Deemed to be University would provide a forum to debate these aspects. The conclave will have one-panel discussion on ‘Business Transformations with the Adoption of Analytics’ and an array of workshops to discuss various aspects of the theme. We hope that through this conclave, we can explore how advances in business analytics can be leveraged to address the pressing challenges of sustainability and inclusivity and build a better future for all.