article thumbnail

What’s the Difference: Quantitative vs Qualitative Data

Alation

A simple example of a narrative this could be a descriptive column on a report that reviews sales 12 months ago and last month and states: Sales has grown from $1.2M In gap analysis , past and current state data is compared to evaluate performance or make decisions about what needs to be done to fix a problem. Inferential.

article thumbnail

The art and science of data product portfolio management

AWS Big Data

These may be data products consumed in the implementation of key business activities, or associated with critical processes such as regulatory reporting and risk management. These data products may be widely used across business functions to support reporting and analytics, and—to a lesser extent—operational processes.