Why is data analytics important in business?

Question

Why are data analytics crucial to business?

Answer 1

Data analytics is vital in business for informed decision-making, identifying trends, understanding customer behavior, optimizing operations, and gaining a competitive edge. It turns raw data into actionable insights, helping businesses make data-driven strategies and improve overall efficiency and profitability.

If you are interested in getting into this field, then check out this video about Kiran Kulkarni and how he achieved a career transition to becoming a Data Analytics expert with the help of Microsoft Power BI Course from Intellipaat.