What is analytics & how does it work?

Analytics uses data and math to answer business questions, discover relationships, predict unknown outcomes and automate decisions. This diverse field of computer science is used to find meaningful patterns in data and uncover new knowledge based on applied mathematics, statistics, predictive modeling and machine learning techniques.

Are analytics tools transforming business insights?

Most recently, analytics tools are enabling a broader transformation of business insight with the help of tools that automatically upgrade and automate data discovery, data cleansing, and data publishing. Business users can collaborate with any device with context, harness the information in real time, and drive outcomes.

Is a centralized analytics platform right for your business?

A centralized analytics platform where IT plays a pivotal role should be a fundamental part of your business analytics strategy. The combination of both business-led and IT-led initiatives is the sweet spot for innovation. Advancements in analytics technology are creating new opportunities for you to capitalize on your data.

What were the first analytics toolsets based on?

The first analytics toolsets were based on the semantic models forged from business intelligence software. These helped with establishing strong governance, data analysis, and alignment across functions. One drawback was that reports were not always timely.