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Business analytics is a methodology or tool which helps decision makers to make a well thought and researched decision. The article discusses in detail about the application, importance and scope of business analytics.
Data analytics (DA) is the science of examining raw data with the purpose of drawing conclusions about that information. Data analytics is used in many industries to allow companies and organization to make better business decisions and in the sciences to verify or disprove existing models or theories.Data analytics is distinguished from data mining by the scope, purpose and focus of the analysis.Data miners sort through huge data set s using sophisticated software to identify undiscovered patterns and establish hidden relationships.ata analytics is used in many industries to allow companies and organization to make better business decisions and in the sciences to verify or disprove existing models or theories.