What do you mean by Data Analytics? Data Analytics refers to the process of collecting, organizing, interpreting and extracting the useful insights from the raw facts and figures in the huge amounts of data generated by a business on a daily basis. The main responsibility of the data analyst is to translate the burgeoning data into useful perceptions and then into valuable information, assisting the organizations to make smart decisions based on data instead of relying on instincts.

DATA SCIENTISTS AND THE DATA-DRIVEN WORLD - The world is flooded with a tremendous amount of data which is spawned on a daily basis in businesses. The rise of the internet and the introduction of social media platforms have led to an additional spike in the amount of data generated. It is necessary to extract useful insights from the data to add business value but these datasets alone cannot generate value.

If you have a question in mind regarding the future of data science then you are definitely concerned with whether the techniques and tools such as Python, Hadoop or SAS will become outdated or whether investing in a data science course will be beneficial for your career in the long-run. But there is no need for worry. Businesses have only recently begun to realize the worth of their data and have just begun to make significant investment in these areas.

What Is Data Science And Who Are Data Scientists? Data Science It refers to the use scientific tools, techniques and methodologies in order to gain useful insights from the volume of raw facts and figures streaming into an organization's warehouse on a daily basis. Data Science is all about generating business value out of this raw information by mining it.

WHAT IS BUSINESS ANALYTICS? Business analytics refers to a practice of repetitive, systematic evaluation of an organization's data, with emphasis on statistical techniques and tools associated with analytics such as SAS, R, Python, Hadoop etc. Business analytics has become the lifeblood of every organization.

THE IMPORTANCE OF ANALYSIS Big Data Analytics is not just a passing trend, it's here to stay. Its upward graph is partly because it plays an essential role in decision making for businesses. Data analysis helps organizations to design more appropriate, strategic decisions for the future.

Industry watchers report that data analysis is trending as one of the most popular and profitable professions taken up by people who work in the field of collection, management and updating of data, and analysis of data that can be used to enhance the business's top-line and bottom-line. This is a profession where you have to take a lot of chances because the solution or prediction that you suggest may not be the best solution economically or in other aspects, with respect to the company. This is a risky prospect that might or might not work out in your favor,...