aarav

Data analytics is significant because it enables organizations and individuals to make informed, smarter
decisions using actual facts instead of intuition or guesswork. Here's why it's important:
Improves Decision-Making: It gives clear-cut insights that inform decisions, minimizing risks and maximizing the chances of success.
Identifies Opportunities and Trends: Analyzing data helps you identify patterns that uncover new business possibilities or means of enhancing products and services.
Makes Processes More Efficient: Data analysis can help identify areas where processes are inefficient, thereby saving time and money.