What is Data Analytics? Master’s in Data Analytics with Sankhyana (SAS Authorized Training Partner)
Nowadays, we add powerful computers to the mix for storing increasing amounts of data and running sophisticated software algorithms – producing the fast insights needed to make fact-based decisions. By putting the science of numbers, data and analytical discovery to work, we can find out if what we think or believe is true. And produce answers to questions we never thought to ask. That’s the power of data analytics.
Data Analytics is something any manager, leader or in fact anyone should know about. Not only because analytics is one of the biggest buzzwords around now but because it will be a game-changer in all aspects of life. In today’s data-driven world data analytics changes everything, not just in business, but also in fields like sports, healthcare, and government. It is hard to think of any aspect of life that won’t be affected by data analytics. We have seen books on data analytics become global best sellers and the people who are able to apply data analytics- data scientists are hailed as having the best job of the 21st Century.
So, what really is data analytics? Basically, data analytics refers to our ability to collect and use data to generate insights that inform fact-based decision-making. Advances information technology and a complete datafication of our world now mean we have (or will have very soon) data and insights on everything. This gives us unprecedented opportunities that will transform business, sports, healthcare, and government. Let’s first look at the datafication of our world and then at some examples of how analytics are used to turn data into insights.
Datafication – More Data Every Day: Day after day our world is filled with more and more data and the pace of the data growth is accelerating week by week. Data on every aspect of our life is now tracked and stored in databases and analytics allows us to turn this data into insights like., companies and organizations are creating vast repositories of data keeping a digital record of everything that is going on, Wearable devices collect data, etc.
We are not only generating vastly more data but our ability to harness and analyze this data has improved massively over recent years. We can now analyze large volumes of fast-moving data from different data sources to gain insights that were never possible before. Analyzing large and messy data sets is often referred to as ‘Big Data’ or ‘Big Data Analytics’, which have become buzz words. Different types of analytics approaches allow us to analyze numbers, text, photos and even voice and video sequences.
Our SAS Data Analytics training program will help data aspirants to gain the knowledge required to analyze and get the business insights of large data sets. Learn from Sankhyana Consultancy Services (SAS Authorized Training Partner), we are the best sas training institute in bangalore providing 360-degree placement assistance.