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Scope & future Of Data Analytics

We have often come across the phrase "Data is the new oil" It is indeed very accurate if we see the
importance of data in our daily lives and how businesses are leveraging data to churn out important
information and predict things.

In today's world, more and more companies are adopting data analytics to learn about the latest
trends. With the help of Artificial intelligence and Machine Learning, companies are analyzing
vast amounts of data called Big data to reduce the risk of uncertainty which could hamper their
business in the future.

A few major benefits of Data analytics are as follows:-


 The Decision-making process is improved
 Offering Better Customer service
 Improved marketing efficiency
 Streamlined Operations

Now data analytics is used in every sector, including retail, healthcare, manufacturing, banking,
logistics & many more, for improving customer experience and better prediction of future
outcomes and efficient operations.

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