Tag: Significance of Data Analytics
5 Reasons You Need a Data Strategy in 2024
Studies reveal a shocking truth – less than 50% of structured data and a mere 1% of unstructured data are actively used for decision-making. Over 70% of employees have access to unauthorized data, posing a significant security risk. Also, 80% of analysts’ time is wasted on simply finding and preparing data for analysis. Well, a […]
How to Choose the Right Cloud Analytics Platform?
How to choose the right cloud analytics platform? Cloud analytics, is an antergal facet of data analytics, encompasses storing and analyzing data in the cloud to derive actionable business insights. Algorithms decode patterns, predict futures, and deliver information crucial for decision-makers. Contrary to on-premises analytics, which demands businesses to invest in and maintain costly […]
Data Analytics Trends for 2024: Navigating the Future
In the rapidly evolving landscape of technology, data analytics stands at the forefront, driving innovation and empowering decision-makers. This article explores the dynamic field of data analytics, shedding light on its evolution, key components and the pivotal role technology plays.Moreover, we delve into the top data analytics trends for 2024, providing valuable insights for those navigating […]