Description: Analytics refers to the process of discovering and communicating meaningful patterns in data. This field combines statistical, mathematical, and programming techniques to extract valuable information from large volumes of data. Through analytics, organizations can make informed decisions, optimize processes, and improve overall performance. Analytics can be divided into several categories, including descriptive, predictive, and prescriptive analytics, each with its own approach and methodology. Descriptive analytics focuses on summarizing historical data, predictive analytics uses statistical models to forecast future trends, and prescriptive analytics suggests actions based on the analyses performed. In a world where the amount of data generated is overwhelming, analytics has become an essential tool for businesses of all sizes, allowing them not only to understand their past but also to plan their future more effectively.
