What you'll learn

Skills you'll gain

Specialization - 4 course series

•Simulation for Digital Transformation: Dive into discrete event simulation to model, analyze, and optimize complex systems. Using Python and SimPy, you’ll build simulations to handle uncertainty, evaluate workflows, and support decision-making across various industries, bridging predictive and prescriptive analytics

The Fundamentals of Digital Transformation course comprehensively introduces the technologies, strategies, and business models driving digital innovation. Participants will explore key concepts such as cloud computing, artificial intelligence (AI), the Internet of Things (IoT), automation, and data-driven decision-making, learning how these tools reshape industries and enhance customer experiences. Through case studies, interactive activities, and role-play exercises, students will analyze real-world examples of digital transformation in companies like Microsoft, Starbucks, JPMorgan Chase, and Dell. The course also examines ethical considerations, privacy concerns, and organizational challenges, helping participants develop strategies for implementing digital solutions while addressing leadership resistance and compliance requirements. By the end of this course, learners will gain a practical understanding of digital transformation frameworks, enabling them to drive innovation, optimize operations, and remain competitive in an increasingly digital economy.

What you'll learn: 1. Build Predictive Models Using Python: Gain hands-on experience with Scikit-learn to develop and refine regression and classification models, applying them to real-world scenarios. 2. Diagnose and Improve Model Performance: Identify issues like overfitting and underfitting, apply cross-validation, and select optimal features to ensure robust, generalizable results. 3. Leverage Advanced Techniques: Explore neural networks, regularization, and cloud-based tools to scale and optimize predictive analytics for complex business challenges. 4. Integrate Analytics into Decision-Making: Translate data-driven insights into actionable strategies to drive innovation and efficiency in digital transformation initiatives.

What you'll learn: 1. Master Discrete Event Simulation: Develop and implement event-driven simulation models in Python using tools like SimPy to analyze and optimize real-world systems. 2. Generate Random Variables: Apply techniques like the inversion and rejection methods to simulate uncertainty and model complex scenarios effectively. 3. Design Trustworthy Simulations: Learn how to validate, verify, and refine simulation models to ensure accurate and actionable decision-making results. 4. Optimize Complex Systems: Use simulation to efficiently improve workflows, allocate resources, and evaluate multi-objective solutions in diverse industries. 5. Bridge Predictive and Prescriptive Analytics: Leverage simulation as a tool to predict outcomes and recommend optimal strategies in dynamic environments.

What you'll learn: 1. Optimize Decision-Making Using Python: Build and solve linear and mixed-integer optimization models with Python tools like Pyomo, tackling real-world challenges in logistics, resource allocation, and planning. 2. Transform Non-Linear Problems: Apply linearization techniques to convert complex non-linear constraints into linear forms for efficient and scalable solutions. 3. Model Complex Decisions: Incorporate integer variables and logical rules into optimization models to handle discrete decisions, such as project selection or facility placement. 4. Evaluate and Refine Models: Use sensitivity analysis, branching, bounding, and pruning techniques to ensure robust and effective solutions that adapt to changing conditions. 5. Leverage Prescriptive Analytics for Strategy: Apply optimization and prescriptive analytics to develop actionable recommendations, enhancing efficiency and decision-making in digital transformation contexts.

Predictive Analytics

Simulation for Digital Transformation

Prescriptive Analytics