Data Analytics for Business: Turning Data into Insight
Data Analytics for Business: Turning Data into Insight Data analytics helps businesses move from guesswork to evidence. It collects facts from sales systems, websites, and operations, then turns them into clear stories. When teams see patterns in data, they can test ideas, measure impact, and learn quickly. The result is decisions that align with goals and customers’ needs. Getting started Begin with a clear goal. For example: increase online revenue by 10% in the next quarter. Gather data that matters: purchases, visits, checkout steps, and customer feedback. Clean data to remove duplicates and fix obvious errors. Define a small set of metrics, such as revenue per visit, conversion rate, and stock turnover. Build a simple dashboard that shows these metrics in one view. ...