4 Types Of Data Analytics To Improve Decision-Making
Suppose you are on the CSE Stack portal. In that case, there is a good chance that you already know well with general terms such as 'data analytics,' 'big data,' and 'business intelligence leads to various things in different circumstances. But do you think what will be the right BI platform to hack several solutions to business success? In this article, we will criticize the term 'analytic data' by breaking it into four different types and harmonizing it with the aim of decision making. Descriptive Analytics: What happened? The most common types of general analysis, descriptive analytics, offer a comprehensive view analyst on the metrics and main steps in an organization. It analyzes available data in real-time and historically to gain meaningful insights into the future of a company. The main objective of this primary type of analysis is to find reasons behind magnificent successes or failures in the past. Diagnostic Analytics: What makes it happen? Afte...