Making Better Business
Data analytics is the science of analyzing raw data to make conclusions about that information, thus helping businesses to optimize their performance. A company can use data analytics to make better business decisions, analyze customer trends and satisfaction, thus leading to new and better products and services.
Data analytics is a broad field that encompasses many diverse types of data analysis. However, the four primary types are:
Each type of data analytics has a distinct goal and unique place in the process of analyzing data.
These various types of data analytics help businesses to optimize their operations and organization. Businesses can make improved decisions and make their operations more efficient.