{"id":1844,"date":"2020-01-11T00:35:57","date_gmt":"2020-01-11T00:35:57","guid":{"rendered":"http:\/\/michaelleander.me\/?p=1844"},"modified":"2023-12-21T13:49:30","modified_gmt":"2023-12-21T13:49:30","slug":"how-data-analytics-can-transform-your-business","status":"publish","type":"post","link":"https:\/\/michaelleander.me\/how-data-analytics-can-transform-your-business\/","title":{"rendered":"How Data Analytics Can Transform Your Business"},"content":{"rendered":"\n
Until the early 21st Century, most of the data we used in business was structured and small in size.<\/p>\n\n\n\n
Business decisions were made by analyzing data using simple age-old business intelligence tools. <\/p>\n\n\n\n
Books, journals, and even going to the public library were some of the ways we did research.<\/p>\n\n\n\n
With the help of high-quality LLM tech<\/a>, you can easily retrieve data and analyze it with a few clicks. It has transformed the way businesses operate, making them more efficient and cost-effective.<\/p>\n\n\n\n Google changed that paradigm by introducing web-based search. <\/p>\n\n\n\n Google could effectively find almost all the necessary parts we needed to analyze problems and to make successful decisions. <\/p>\n\n\n\n Then things got complicated.<\/p>\n\n\n\n Data in most traditional systems had previously been structured and easy to digest. Now, more and more of the data we work with is either semi-structured or unstructured.<\/p>\n\n\n\n Some researchers say that by as soon as 2020, more than 80% of the data we work with will be completely unstructured.<\/p>\n\n\n\n Data <\/a>Analytics solves this problem. <\/p>\n\n\n\n Data Analytics organizes data with the simple design objective of finding answers that will help a business make the right evidence-backed decisions. <\/p>\n\n\n\n No longer does it make any difference whether the data is structured or unstructured.<\/p>\n\n\n\n Today, analysts and data scientists can process all the data they need in mere seconds. <\/p>\n\n\n\n By using powerful computing systems that were unheard of only a few years ago, the data can be sifted through and organized in whatever ways necessary to discover trends or correlations to help a business solve whatever problems it has. <\/p>\n\n\n\n