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The Ultimate Secret Of Analytics

Broken down, analytics consists of collecting, processing, analyzing and interpreting data to derive insights. We can collect data from many different sources – from our gardens to our sports teams.

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The Ultimate Secret Of Analytics

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  1. The Ultimate Secret Of Analytics

  2. Key Pointer • The Rise of Analytics • What Is Analytics? • Demystifying Business Analytics • Mountains of Data • The State Of Analytics Today • Analytics and You • The Jigsaw Academy Advantage

  3. #1 THE RISE OF ANALYTICS • Anywhere you go, you hear about analytics. • It’s one of the most popular buzzwords today – with merit. • Analytics is totally changing the way people do business. • Its impact is akin to the revolution brought about by electricity or the Internet. • It’s transforming every aspect of our life.

  4. #2 What Is Analytics? • In our daily morning routine post, we defined data analytics as: “the application of a sequence of steps (algorithms) or transformations to generate insights from processed datasets.” • Broken down, analytics consists of collecting, processing, analysing and interpreting data to derive insights. We can collect data from many different sources – from our gardens to our sport teams.

  5. #3 DEMYSTIFYING BUSINESS ANALYTICS • The exact definition and identification of the word changes between industries and verticals. • For some, analytics could refer to the analysis of traffic or the performance of a website or app. • For someone else, it could be the effort to derive insights that can improve sales or the supply chain. • It varies according to its application, but the process remains the same.

  6. #4 MOUNTAINS OF DATA • In the corporate sector, there are numerous departments that create and analyze data, including HR, Admin, Marketing, Sales and Finance. • The volume of data they produce is growing as our businesses become more complex. • As more technologies emerge, so do potential sources of data. Personal analytics, sensor networks, and advanced technologies will produce more data than ever before. • All this data production has no value if the data produced can’t be analyzed.

  7. #5 THE STATE OF ANALYTICS TODAY • Our Quality to manage and analyse data has kept pace with the quantity of data we generate. • With advances in quantum computing and storage technology, analytics is growing ever more powerful. • We can process thousands of data manipulation instructions in a few milliseconds. • With today’s supercomputers, we can handle massive datasets many gigabytes and petabytes in size, in real time.

  8. #6 ANALYTICS AND YOU • In this unique scenario, there is a lot of chance for the right professionals to cash in on this wave. • As the Harvard Business Review recently noted, ‘data scientist’ is the best job of the 21st century. • Companies need trained data scientists who are well knowledgeable in analytics. • Professionals with diverse analytics skills are in high demand.

  9. #7 THE JIGSAW ACADEMY ADVANTAGE • At Jigsaw Academy we believe that theoretical knowledge alone is not enough. Context is critical. • You need to know when and how to use the tools that you’ve learned. • Jigsaw ensures that students learn when to apply their expertise through real world case studies and examples.

  10. JIGSAW ACADEMY Address: No. 308, First Floor, 100ft Main Road, Indiranagar, 1st Stage, Bangalore-560038Landmark: Above Domino’s Pizza Email us: info@jigsawacademy.com Call us:+91 90193 17000 (Internet of Things) Website: https://www.jigsawacademy.com/

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