Data Analytics: How can transform business decision make in 2025?
Data to Decisions: How Next-Gen Analytics Reforms 2025 By the year 2025, data is no longer regarded as a secondary effect of business operations - it is now viewed as a powerful asset that can be leveraged strategically in the marketplace. Through next-generation (next-gen) analytics, organizations are transforming raw data into real-time, actionable insights; this not only creates new ways of doing business, but also changes how decisions are made across industries. The ongoing evolution of analytics, propelled by AI, machine learning, and edge computing is transforming decision making to occur faster, smarter, and more accurately than ever before. Next-Gen Analytics = Real-Time, Predictive, Prescriptive Insights Traditional analytics was descriptive-textual analytics about what happened. In comparison, next-gen analytics is predictive and prescriptive. Predictive analytics enable businesses to predict trends, consumer behavior, and soon to be issues or disruptions. Prescriptive anal...