Data Analytics
What is Data Analytics?
Data analytics is the process of examining data to uncover insights that support better decision-making.
Why does Data Analytics matter?
- Improves decision-making
- Reveals trends and patterns
- Reduces costs
- Supports growth planning
How does Data Analytics work?
- Collect data
- Clean and prepare
- Analyze
- Visualize
- Act on insights
Types of Data Analytics
- Descriptive
- Diagnostic
- Predictive
- Prescriptive
Key Benefits
- Clear insights
- Faster problem detection
- Stronger competitive advantage
Example
An online store discovers checkout drop-offs through analytics. By simplifying checkout, conversions increase by 25%.
Conclusion
Data analytics turns raw data into actionable insights that drive smarter decisions and better results.
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