Data analytics
To stay ahead of the times and take informed decisions, businesses now require running analytics on data that is moved in on a real-time basis and this data is usually multi-structured, characterized in the previous section. Value is in identifying patterns to make intelligent decisions and in influencing decisions if we could see the behavior patterns.
Classically, there are three major levels of management and decision making within an organization: operational, tactical, and strategic. While these levels feed one another, they are essentially distinct:
- Operational data: It deals with day-to- day operations. At this level decisions ...
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