22 - December - 2024
Data is a set of values of subjects with respect to qualitative or quantitative variables. Data is raw, unorganized facts that need to be processed. When data is processed, organized, structured or presented in a given context so as to make it meaningful or useful, it is called information. Information provides context for data.
Data analytics is the science of analyzing raw data in order to make conclusions about that information. Data analytics is used in order to gain insights that will hopefully lead to better decisions and strategic business moves.
Data visualization is the graphic representation of data. It involves producing images that communicate relationships among the represented data to viewers of the images. This communication is achieved through the use of a systematic mapping between graphic marks and data values, such that the creation of the graphic marks allows viewers to understand the represented data.
Business intelligence is the process of turning data into insights. Business intelligence can be used to help make better decisions about a company’s strategy, operations, and finances.
Data can be turned into insights through data analytics. Data analytics is the science of analyzing raw data in order to make conclusions about that information. Data analytics is used in order to gain insights that will hopefully lead to better decisions and strategic business moves.
