Companies are desperate for raw data like great white sharks are for blood, and there’s a good reason for it. For a business, raw data is power. It is everything. And the master key for using this power to leverage growth, sustainability and profits? Data Analytics By transforming raw data into actionable insights, businesses can make informed decisions that drive growth and innovation.This also helps in building a robust, data-driven culture that continuously evolves with market demands. What is Data Analytics? Data analytics is the process of examining datasets to draw conclusions about the information they contain. This process involves various techniques and tools that help in uncovering patterns, correlations, and trends that might not be immediately apparent. The ultimate goal of data analytics is to extract meaningful insights that can inform strategic decision-making and improve business outcomes. Different Methods Used in Business 1) Descriptive Analytics What it is: Descriptive…
