What is Data Analytics?
Data analytics is the science of science that studies raw datasets of numbers and other information to conclude significant decisions. Since its very existence, data and information are two fundamental pillars of the business world. In the old times, most of the data was paper-based and human beings need to analyze the data to make any decision.
With the inception of the internet2, each business process and application generate huge number of datasets every day, the field of data and analytics has become the backbone of every enterprise over the last decade and a half. Data management is about managing business data and utilizing it to improve operational efficiency.
What are the business benefits of Data Analytics?
Data analytics assists organizations in becoming data-driven by assisting them in extracting business insights from structured and unstructured data.
Effective decision-making using data analytics leads to significantly enhanced customer experiences.
All organizations need a profound security system in place to deal with any kind of data security threat. Data analytics enhances security by analyzing any potential.