Remove Big Data Remove Insurance Remove Prescriptive Analytics Remove Statistics
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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. It is frequently used for risk analysis.

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The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. But we are seeing increasing data suggesting that broad and bland data literacy programs, for example statistics certifying all employees of a firm, do not actually lead to the desired change.