Understanding the nature of data at a deeper level is key to creating a successful business. Data analytics is the process by which raw data becomes actionable knowledge. Data-Assistance.co.uk provide services to help companies collect and analyse data for virtually any purpose.
For businesses and organisations of all kinds, turning data into actionable information can make the difference between struggling or thriving. Maximising the value of information requires data analytics – the process by which raw data is analysed to draw conclusions.
While almost every business analyses some sort of data, modern analytics provides an unprecedented level of understanding and insight. How far has your company moved towards a data-driven culture and analytics, and what is the next step?
Understanding your data stream
Creating a well-developed approach to data analytics is an evolutionary process that takes time and commitment. For businesses that want to take the next step, it is very important to understand the data stream and the lifecycle of the data moving through the stream.