Data analysis for management of agricultural production

The necessity of using modern data analysis technologies for management and information needs of interested business sides is proved in the article. Management processes in agricultural production, expressed through the prism of analytical indicators of effectiveness and efficiency of financial and economic activities, are considered in the article as the subject of the study. The purpose of the study is to adapt the modern technologies of data analysis for stakeholders in the practical field of agricultural production management. It promotes increasing of data informational value, disclosing relevant information for users and finding an alternative in making management decisions. The methodological base of the research was developed by the modern technologies of the data analysis that should be based on processing the array of information that has a specific management value. The truthfulness of the study is justified by the use of practical data of financial-economic activity of agricultural companies’ results. The practical significance of the formation of data analysis strategy and its implementation in relation to the activities of farmers were proved in the process of study. The developing of methods and tools of data analysis from the perspective of intra-firm concept of the capital application that can be used by internal auditors for rising management system effectiveness and assessment of key final indicators of production, daily-living and financial activities is in the base of this strategy. The process of data analysis based on the analysis of risks and threats integration, planning and carrying-out of an analysis, generalization of analysis results and monitoring of controlling parameters in movements for adoption corrective measures was proposed in the study.