Data Analytics and Tools
The word “analytics” has been trending for a while now, yet there is no single way to define it. Let us try to understand analytics with a simple example. Imagine, you want to buy a shirt. What you do is, some sort of analysis to help you buy a Shirt. Let me simplify it further. Your brain did two simple things here:
Collected information as per your requirement and understood the data, based on that information, helped you decide in buying the Shirt.
This is what you can do using analytics. You can gather information, analyze it and take better decisions. The above example was easy, so you could take a decision based on a few assumptions. What if the problem and the decision making wasn’t this easy?