[ Eps. 08] Types Of Big Data Analytics

<p>Convert raw data into profitable business decisions.&nbsp;</p> <p>Your business most certainly has a mine of under-utilized data. Now imagine having all that data organized and archived in a simple presentable format, couple that with smart computing and you have everything you need to make calculated and informed business decisions.</p> <p>There are four types of data analytics systems that being used in business.</p> <p>1. Descriptive Analysis, Diagnostic Analysis, Predictive Analysis and Prescriptive Analysis. Descriptive data analysis looks at past data and allows us to see changes affecting a business</p> <p>2. Diagnostic data analysis aims to determine why something happened. Once your descriptive analysis highlights change in a business, diagnostic analysis can be used to decipher the cause of that change.&nbsp;</p> <p>3. Predictive data analysis predicts likely future scenarios. In this type of analysis, trends are derived from past data, which are then used to predict the outcome of business decisions. &nbsp;</p> <p>4.Prescriptive data analysis combines the information found from the previous 3 types of data analysis and forms a plan of action for the organization to face issues or decisions.</p> <p>For more info on how Advanced Data Analytics Tool help businesses around the world, visit: <a href="https://cubeware.com/">https://cubeware.com/</a></p> <p>Join Our Social Networks:&nbsp;</p> <p>Youtube: <a href="https://www.youtube.com/Cubeware">https://www.youtube.com/Cubeware</a></p> <p>LinkedIn: <a href="https://www.linkedin.com/company/cubeware-gmbh">https://www.linkedin.com/company/cubeware-gmbh</a>&nbsp;</p> <p>Facebook: <a href="https://www.facebook.com/cubeware.gmbh ">https://www.facebook.com/cubeware.gmbh&nbsp;</a></p> <p>Twitter: <a href="https://twitter.com/Cubeware">https://twitter.com/Cubeware</a>&nbsp;</p> <p>Instagram: <a href="https://www.instagram.com/cubeware.gmbh/">https://www.instagram.com/cubeware.gmbh/</a></p> <p>#BusinessIntelligence #DataAnalytics #AdvancedDataAnalytics #Cubeware</