Data Analytics - Decision Making Strategy

What is Data Analytics?

Data analytics involves gathering, transforming, and structuring data with the aim of deriving conclusions, predicting outcomes, and facilitating well-informed decision-making. Data analytics in other words is the science of analysing raw data to make conclusions about that information. - Data Analysis Online Course


5 Types of Data Analytics

·        Descriptive Analytics.

·        Diagnostic Analytics. .

·        Predictive Analytics. .

·        Prescriptive Analytics. .

·        Cognitive Analytics.

The following are some of the Data analytics features

·        Data Collection:

Gathering and compiling relevant data from various sources, including internal databases, external repositories, and real-time streams.

·        Data Cleaning and Preparation:

Identifying and addressing inconsistencies, errors, and missing values in the data to ensure its accuracy and reliability. - Data Analytics Online Training

·        Exploratory Data Analysis (EDA):

Analysing and visualizing data to discover patterns, trends, and relationships, providing an initial understanding of the dataset.

·        Data Modeling:

Creating mathematical models that represent relationships within the data, facilitating predictions and simulations.

·        Machine Learning Integration:

Incorporating machine learning algorithms to automate the analysis process, enhance predictive capabilities, and adapt to changing data patterns.

·        Data Visualization:

Presenting data insights through visual elements like charts, graphs, and dashboards to make complex information more understandable and actionable. - Data Analytics Online Training Institute

·        Scalability:

The ability of analytics tools to scale and handle increasing volumes of data as organizations grow, ensuring efficiency and effectiveness.

·        Data Security and Compliance:

Implementing measures to ensure the confidentiality, integrity, and availability of data, while also adhering to regulatory requirements and industry standards. - Data Analytics Training

Conclusion:

Data analytics is not merely a trend; it is a fundamental shift in how organizations derive value from data. From uncovering hidden patterns to informing strategic decision-making, the applications of data analytics are vast and transformative.

 

Visualpath is the Leading and Best Institute for learning MS Dynamics CRM Online in Ameerpet, Hyderabad. We provide Data Analytics Online Training Course, you will get the best course at an affordable cost.

Attend Free Demo

Call on - +91-9989971070.

Visit : https://www.visualpath.in/data-analytics-online-training.html

 

Comments

Post a Comment

Popular posts from this blog

What are the benefits of machine learning in data analytics workflows?

Image
Introduction: Data Analytics workflows offers a plethora of benefits, empowering organizations to extract deeper insights, make more accurate predictions, and automate decision-making processes. - Data Analytics Online Training Here are some key advantages: Improved Predictive Analytics: Machine learning algorithms excel at identifying patterns and trends within large datasets, enabling organizations to make more accurate predictions about future outcomes. By analyzing historical data, ML models can forecast trends, anticipate customer behavior, predict equipment failures, and optimize resource allocation, among other applications. - Data Analytics Course in Hyderabad Enhanced Data Exploration and Discovery: Machine learning algorithms can uncover hidden insights and relationships within complex datasets that may not be apparent through traditional data analysis techniques. By applying techniques such as clustering, anomaly detection, and dimensionality reduction, ML alg...
Read more

Data Analytics Online Training Recorded Demo Video

Image
Data Analytics Training Online Recorded Demo Video Mode of Training: Online Contact +91-9989971070 Visit: https://www.visualpath.in/ WhatsApp: https://bit.ly/47eayBz Our Youtube Channel: https://www.youtube.com/@VisualPath Watch Demo Video: https://youtu.be/RzrqHCSBSUA?si=mcglqlQDz3R21lFC #dataanalytics #bigdataanalytics #datascience #deeplearning #analytics #machinelearning #python #trendingreelsvideos #Hadoop #trendingcourses #onlinetraining #demovideo #ITskills #latesttechnology #education #software #student
Read more

The Concept of Data Mining and its Applications in Data Analytics

Image
Concept of Data Mining: Data Collection: Data mining begins with the collection of large volumes of structured or unstructured data from diverse sources, such as databases, websites, sensors, social media, and transactional systems. Data Preprocessing: The collected data undergoes preprocessing to clean, transform, and prepare it for analysis. This may involve removing duplicates, handling missing values, standardizing data formats, and normalizing data distributions. - Data Analytics Online Training Exploratory Data Analysis (EDA): EDA techniques are used to explore the dataset visually and statistically, identifying patterns, correlations, and outliers that may provide valuable insights. Model Building: Data mining algorithms are applied to the preprocessed data to build predictive or descriptive models that capture underlying patterns and relationships. These algorithms include classification, regression, clustering, association rule mining, and anomaly detection tech...
Read more