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4 Types of Data Analytics to Improve Decision-Making

4 Types of Data Analytics to Improve Decision-Making

We live in a world where the amount of data collected is rising every second. When such a high volume of data is being generated, it’s only natural to have tools that will help us handle all of this information. Raw data is often a pile of unstructured information. Data analysts use their expertise to derive statistically significant information from the data. This is where different types of data analytics come into play. Data-driven insights play an integral role in helping businesses form new initiatives. Based on the phase of workflow and the kind of analysis required, there are 4 major