Analytics

Analytics refers to the systematic computational analysis of data or statistics. It involves the discovery, interpretation, and communication of meaningful patterns in data, utilizing various techniques from statistics, computer science, and mathematics. The purpose of analytics is to extract insights from data that can inform decision-making and strategy in business, marketing, healthcare, and various other fields. It can be categorized into different types, such as descriptive analytics (what happened), predictive analytics (what could happen), and prescriptive analytics (what should happen). Analytics enables organizations to track performance, understand trends, forecast future outcomes, and optimize processes based on data-driven insights.