What Is Data Analytics?
Data analytics is the process of transforming raw data into valuable insights. This will help businesses make informed business choices that will drive the growth of their business and enhance their performance. It is employed across a variety of industries from healthcare to retail to the prevention of crime.
The most common path www.clouddatatrain.biz/what-is-data-analytics to a career for data scientists is to first acquire relevant experience and skills through an internship or apprenticeship program. Alongside proficiency with spreadsheet software, data analysts must also be familiar with programming languages such as Python, SAS and R in addition to machine learning techniques, database management, and visualization of data.
Data analysis is a complex and multi-faceted area that has numerous approaches. The process is split into four steps: identifying the goals and issues gathering data, organising data, cleaning it up and analyzing data. The results are then presented to stakeholders via data visualization.
Cluster and time-series analyses are among the most sophisticated forms of data analytics. These methods basically break the large amount of data into smaller groups, such as demographic or geographic segments, or by looking at patterns over time (e.g., the number of Instagram followers or the gross of a movie’s box office for a particular actress).
The practical applications for data analytics are countless. Junbo Son is a researcher from the University of Delaware who has developed a data analytics system to assist asthma patients in managing their condition using bluetooth-enabled devices. This technology is being used in the business world to improve delivery logistics, boost credit scoring and risk assessment, and focus marketing efforts.