Organizations also adopt data-driven functions. Meanwhile, data analytics means adopting methods to gather more information. This data is then sorted, stored and analyzed to obtain logical and valuable information. Data analytics makes the work progress possible and, of course, easier.
In other words, data analytics is a process that refers to extracting insights and valuable information from available data using quantitative and qualitative methods. This will help the business and even different sciences. For example, researchers use it to verify their theories.
What kind of data can a company collect?
First Party Data: Data that a company collects about its customers.
Third Party Data: Data that the Company receives from a recognized organization that originally collected it.
Ready data: Data that a company buys from the market.
Data analytics process over time
Data analytics and statistics
Data analytics and calculation
Data mining
Google search
Data processing