Introduction to Data Analysis

What is Data Analytics

Data analysis aids the company’s success and growth by telling you where to focus your efforts and where to make changes.

Most businesses collect large amounts of data on a regular basis, yet this data is meaningless in its raw form. This is where data analytics comes into play. Data analytics is the practice of analyzing raw data in order to extract relevant insights for businesses. These insights are critical for making informed business decisions. A data analyst's job is to take a complicated jigsaw of data and turn it into coherent, intelligible information that you can really utilize.

The main idea of data analytics is to identify patterns in data that might reveal something helpful or important about a company's operations, like how customers interact with a product or how the staff interacts with a tool. Having a clear understanding of the company’s current situation is crucial for making rational and smart judgments regarding its customers, employees, and the industry as a whole.