How technology data and analytics are shaping the future?

Why is data analytics important in future?

The impossible will become possible, and this may well lead to an autonomous decision-making process. Data analytics is expected to radically change the way we live and do business in the future. Already today we use the analytics in our technology devices, for many decisions in our lives.

What is the future of data analytics?

According to one McKinsey report focused on the healthcare industry, “data analytics and information services will have the fastest growth rate at 16% to 18% over the next five years, while core administrative services are unlikely to see much growth due to automation.” Here's what you need to know as you plan your ...

What are the different future of big data analytics?

Big data is helping companies in different sectors, from marketing to pharmaceutical companies to third sector organizations. By 2020, it is predicted that the amount of data that is worthy of being analyzed, will surprisingly double. According to Forrester, companies will make an attempt to sell their data.

How data and analytics will change business?

The information discovered from the analytics solution can be used in various effective ways to enhance business across industries. Big data analytics supports businesses to reshape their interactions with customers, market products more effectively, and drive more revenue.