The Future of Business Analytics

The business analytics is a evolving field and Data is it’s heart.

When we talk about data we know that from last two decades the data is continuously increasing and we are in the era which is totally data driven.

If you analyse you can see that every thing is data driven the phone which you are using gives great power in the hands of some rich or techgigs in the world and in today’s lifestyle yu can’t prevent to use phone or any electrical appliances and every electrical appliances having a microchip is data and sending it into the outer world and this data is used to manipulate your thoughts and drive the decisions that what have to buy, what you are learn, we have to at which place at time, and much more. Believe me there are many things which you don’t know about yourself but they know because of your data.

Now what business analytics people really doing- they simply collect your data analyse it and help the company to make decisions obliviously there must be some policies.

Now,

what is the future?

If you read the other articles you can find that it is rapidly evolving already but due to this corona virus all the companies which can support work from home have huge growth but not only that if we talk about business analytics it has growth and also peoples are believing that it will take out the businesses out of this bad economic scenario which is due to corona virus and I also believe what what they believe.

    

In the upcoming years the business analytics is going to be the backbone of the economy because no can afford to loose even single opportunity to gain profit so they must go for the right decision in which only analytics can help.

In this lockdown period almost entire world is working from home so the amount of data is also increasing rapidly which will help them to increase there accuracy.

Business data quality control will become much more critical than ever as we receive more and more interaction. Don't you know what data protection is? Don't think about that. Don't think. While this could be the most important development in the field of business intelligence for 2020, on a larger scale it is still fairly recent. But don't make a mistake. DQM is quickly gaining traction and shaping the future of market analytics in general.