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1.overview of Data Analytics

Data analytics is the process of examining raw data to uncover patterns and insights, enabling informed decision-making. It encompasses various types including descriptive, diagnostic, predictive, and prescriptive analytics, and involves key steps such as data collection, cleaning, analysis, and visualization. The field faces challenges like data quality, privacy concerns, and the need for skilled professionals, while future trends include the rise of AI, real-time analytics, and automation.

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Ayush Gupta
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35 views10 pages

1.overview of Data Analytics

Data analytics is the process of examining raw data to uncover patterns and insights, enabling informed decision-making. It encompasses various types including descriptive, diagnostic, predictive, and prescriptive analytics, and involves key steps such as data collection, cleaning, analysis, and visualization. The field faces challenges like data quality, privacy concerns, and the need for skilled professionals, while future trends include the rise of AI, real-time analytics, and automation.

Uploaded by

Ayush Gupta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Overview of

Data
Analytics
Transforming Data into Insights
What is Data Analytics?
Importance of Data Analytics
Types of Data Analytics

Agenda Key Steps in Data Analytics


Process
Tools and Technologies
Applications of Data Analytics
Challenges and Future Trends
Definition: The process of
examining raw data to uncover
patterns, insights, and trends.
What is
Data Involves: Collection, cleaning,
analysis, and visualization of
Analytics data.
?
Goal: Enable informed decision-
making.
Enhances decision-making.

Identifies trends and


Importan patterns.
ce of Optimizes processes.
Data
Predicts future outcomes.
Analytics
Supports innovation and
strategy.
Types of Data Analytics

Descriptive Diagnostic
Example: Sales
Analytics: What Analytics: Why
reports.
happened? did it happen?

Predictive
Example: Root Example: Sales
Analytics: What
cause analysis. forecasting.
will happen?

Prescriptive Example:
Analytics: What Optimization
should be done? algorithms.
•Data Collection

Key Sources: Surveys, IoT devices, databases.

Steps in
•Data Cleaning
Handling missing data and inconsistencies.

Data •Data Analysis


Statistical and computational techniques.

Analytic •Data Visualization


Tools: Dashboards, charts, graphs.

s •Decision-Making

Process Actionable insights.


Programming Languages: Python, R.

Visualization Tools: Tableau, Power BI.

Tools and Big Data Platforms: Hadoop, Spark.


Technologies
Database Management: SQL, NoSQL.

Machine Learning: TensorFlow, Scikit-


learn.
Healthcare: Predictive
diagnostics.
Finance: Fraud detection.
Applicatio
ns of Retail: Personalized
recommendations.
Data
Manufacturing: Predictive
Analytics maintenance.
Sports: Performance
optimization
Data quality and
completeness.
Challeng Privacy and security
concerns.
es in Handling unstructured
Data data.
Analytics Scalability with big data.

Need for skilled


professionals.
Rise of Artificial Intelligence (AI) and
Machine Learning (ML).

Real-time analytics.

Future Edge computing and IoT integration.


Trends
Enhanced data governance frameworks.

Automation in data analytics processes.

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