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Data Analytics 101 — Basics of Data Analytics for Beginners
Did you know that 2.5 quintillion bytes of data is created every day? If not, this is just the tip of the iceberg. We are producing data at an accelerated pace each passing year. Data has become the new wealth in today’s Big Data era.
Its not the one who has the better technology but the one who has better data that wins the race.
All the companies in the world are now competing against each other to safeguard and make the most out of the data they have gathered. This is because large amounts of data show patterns and trends which can drive business decisions. This answers the question of why Data Analysts are one of the most sort out roles in the market. Data Analytics can be applied anywhere and everywhere. It unlocks potential right from healthcare to cosmology.
If you're new to Data Analytics, which everybody is at some point, then you’ll get to know the basics of it and the various phases it involves. I will be going into detail about all the phases of the data analytics process in my upcoming articles.
Let’s get started!
What is Data Analytics?
Data analytics is the process of examining data sets in order to find trends and draw conclusions about the information they contain.