When there is so much data available within and outside an enterprise, it can be a challenge to make sense of it and get quick answers to critical business questions. Business leaders often spend countless hours updating spreadsheets and waiting for answers…
Descriptive Analytics
Analytics are everywhere. Data analytics has been the primary focus for many industries to stay competitive in the ever-so-growing marketplace. And data-driven decision-making has been an essential part of organizations so that they are well-prepared to deal with uncertain times. According to Statista, the data analytics market revenue is predicted to hit 68 billion dollars by 2025
Understanding the Difference between Descriptive, Diagnostic, Predictive, and Prescriptive Analytics
In this age of digital content, the volume of data that enterprises generate, process, and analyze, is humongous. Data Analytics is being used by enterprises across various industry verticals and sizes to extract meaning and insights out of the raw data. The influx of data has led businesses to use Business Intelligence tools…