What does the term "data analytics" refer to? 🔊
The term "data analytics" refers to the systematic process of examining raw data to extract useful insights and inform decision-making. It encompasses a range of techniques, including statistical analysis, predictive modeling, and data mining. By uncovering patterns and trends, data analytics helps organizations optimize their operations, improve customer experiences, and drive strategic initiatives. Ultimately, leveraging data analytics can lead to enhanced competitiveness and informed business strategies.
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