Top 5 Myths About Data Analytics You Should Stop Believing

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Data Analytics in Business. According to Stastia , the global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. Implemented properly, analytics projects help in effectively capturing and analyzing data to glean insights to analyze how things functioned in the past, while at the same time predicting what business decisions to make in the future.

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Augmented Analytics – Everything You Need to Know

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Data Analytics – The Usability Problem. Data is the oil and analytics is the combustion engine – Gartner. Data analytics has become so popular among businesses that Forbes estimates that about 53 percent of mid to large scale companies have already adopted it, with the number expected to rise to a staggering 80 percent by the end of 2020. This could be the reason why most data analytics projects tend to fail. Data’ is not the same as ‘insights’.

Key Essentials of Modern Business Intelligence

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The Growing Importance of Data. The global big data market is forecasted to grow to about 103 billion U.S. dollars by the year 2027 – Statista. Data continuously flows from a plethora of internal and external channels including computer systems, networks, social media, mobile phones etc. Leveraging data is no longer just a competitive advantage for businesses – it’s essential for survival. Data Lake.