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What is Data Analytics and How It’s Useful for Business

Data analytics involves collecting, processing, and analyzing data to extract actionable insights. It includes descriptive, diagnostic, predictive, and prescriptive analytics. For businesses, data analytics helps improve decision-making, reduce costs, enhance customer experience, gain a competitive edge, and manage risks effectively. By leveraging data, businesses can optimize processes, predict trends, and make informed decisions to drive growth and efficiency.<br>For More Detail- https://www.pangaeax.com/browse-talent/freelancer-data-analyst/

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What is Data Analytics and How It’s Useful for Business

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  1. What is Data Analytics and How It’s Useful for Business ? What is Data Analytics The process of collecting, processing, and analyzing data to extract actionable insights Descriptive Analytics Predictive Analytics Types of Data Analytics Diagnostic Analytics Prescriptive Analytics Competitive Advantage Enhanced Customer Experience Cost Savings HOW DATA ANALYTICS HELPS BUSINESSES Better Decision Making Risk Management

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