Saturday, July 4, 2015

What is Analytics???

There was a lot of FUSS around the word analytics,there is so much of data to analyze,there are so many tools available to analyze the data but first let us understand what is ANALYTICS mean???

we can simply define analytics as -- The science of DATA to build MODELS that lead to better DECISIONS,that add VALUE to individuals, companies and to institutions


so the key words for analytics are
 DATA-->MODELS-->DECISIONS-->VALUE

This is the simpler way to define analytics


There are so many tools available for analysis of the data. They are R,SPSS, SAS, PYTHON, HADOOP,etc

I will be discussing some basics of R,PYTHON etc

No comments:

Post a Comment