What is Data Analytics.

Data analytics is the process of examining data to discover patterns, draw conclusions, and make informed decisions. It's a multidisciplinary field that uses a range of techniques, including math, statistics, and computer science, to analyze data.

  • Improving decision-making: Data analytics can help stakeholders make better decisions.
  • Shaping business processes: Data analytics can help shape business processes and foster business growth.
  • Identifying sources for a competitive advantage: Data analytics can help organizations identify and leverage sources for a competitive advantage.
  • Mitigating risk: Data analytics can help organizations mitigate risk.

  • It also entails applying data patterns toward effective decision-making. It can be valuable in areas rich with recorded information. Analytics relies on the simultaneous application of statistics, computer programming, and operations research to quantify performance.
Data analytics can involve:
  • Collecting data Data from different sources may need to be combined and transformed into a common format.
  • Analyzing data Data can be analyzed using a variety of tools, including spreadsheets, business intelligence platforms, and structured query language (SQL) tools.