The world has seen an explosion of data across all facets of business and people’s personal lives. Businesses must have the ability analyse large volumes of data relevant to their business to remain competitive and relevant in today’s world.
Data analytics is simply the use of data to develop a better understanding of various aspects of your organisation. The data organisations typically need to collate, prepare and analyse can be from different sources, sizes and formats but is likely to include both Actual and Forecast Operational and Financial data.