Data Analytics

Data analytics is the process of examining data sets in order to draw conclusions about the information they contain. And the analysis of data contain large set of big data, by the use of computer software. It is the science of using data to build model that lead to better decision that in turn add value to individual companies.

There are three types of Data Analytics such as; Descriptive (it helps the business understand how things are going), Predictive(it helps the business forecast future behavior and results), Prescriptive(it helps the business prescribe right course of action)

Data analytics technologies and techniques are widely used in commercial industries. It can help in businesses to increase income, improve operational efficiency (operational efficiency can be defined as the ratio between an output gained from the business and an input to run a business operation),respond more quickly to emerging market trends.