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Data Analytics
/ˈdeɪtə əˌnælˈɪtɪks/noun
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Data analytics is the systematic process of inspecting, cleaning, transforming, and modeling data to discover useful information, draw conclusions, and support decision-making. It has expanded beyond basic statistics to include advanced techniques like artificial intelligence and real-time processing, making it essential for uncovering hidden patterns in vast datasets across industries today.
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The global data analytics industry is expected to grow to over $77 billion by 2023, largely driven by its role in healthcare, where it helped predict and manage the COVID-19 pandemic by analyzing patient data in real-time across thousands of hospitals.
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