Analytics is about looking for patterns in data to help answer questions. Most businesses use analytics to help ensure more data-driven decision-making.
No matter the size, scale or scope, every business generates a wealth of business data. Every business has an opportunity to uses that data to drive more intelligent decisions.
The primary people responsible for conducting analytics on the massive amounts of data we have today are analysts. Analysts are skilled in using various technologies and methodologies to identify, inventory and integrate large amounts of data quickly.
The term analytics can often be used interchangeably with statistics and data science. What separates analytics from disciplines like statistics and data science is generally the speed of the analysis and the focus on solving business problems.
The most common form of analytics is business analytics that are generally used by owners, senior leaders and decision-makers to investigate problems, validate assumptions and…
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