Key Points A cause-and-effect diagram is a visual tool for organizing possible causes of a problem. It allows users to determine if there are relationships between potential causes. It does not reveal ...

Data analysis: Once data is cleaned, it is analyzed to look for data patterns, trends and relationships. Analysts should try to spot opportunities and risks in the data at this time.

In this sense, analytics helps drive better decision-making based on insights and behavior patterns rather than hunches or outdated data. This faster decision-making benefits multiple aspects ...

Business data provides an often untapped well of organizational value. Customer interaction data, supply chain data, operational data, human resource data, financial data, market research data ...

A director of data analytics is responsible for the data analytics function within an organization. For any sizable enterprise, it is a managerial role, and may or may not report to a higher-up ...

Data analytics serves as a powerful tool for uncovering inefficiencies within a business's operations. By examining production data, for example, businesses can identify bottlenecks within their ...

Optimizing Marketing Campaigns Data analytics can also be used to optimize your marketing campaigns. By monitoring key performance indicators (KPIs) such as click-through rates, conversion rates ...