How It Works
Data, Analytics & Insights: How Are They Connected?
Initial stage is to gather related data to have insights. Organizations across industries are seeking to make sense of data available from multiple sources to develop actionable insights.
Data is more or less useless nonsense without analytics. Analytics is how you make sense of your data and uncover meaningful trends. Once all the related data available, various analytics can be applied over data.
Once data are available and applying analytics, there will be various meaningful reports, which give insights enabling to be more agile and responsive to the market hence will be helpful in business growth.