Title: Data Analytics from Beginner to Expert
1DATA ANALYTICS BEGINNER TO EXPERT
2INTRODUCTION TO DATA ANALYTICS
- Data analytics is the collection, transformation,
and organization of data in order to draw
conclusions, make predictions, and drive informed
decision making.
3Importance of Data Analytics
- Data analytics is important because it helps
businesses optimize their performances.
Implementing it into the business model means
companies can help reduce costs by identifying
more efficient ways of doing business and by
storing large amounts of data. - A company can also use data analytics to make
better business decisions and help analyze
customer trends and satisfaction, which can lead
to newand betterproducts and services.
4Understanding Of Data analytics with Example
- For example, manufacturing companies often record
the runtime, downtime, and work queue for various
machines and then analyze the data to better plan
the workloads so the machines operate closer to
peak capacity.
5Types of Data Analytics
6Applications of Data Analytics
- Business Intelligence
- Customer Analytics
- Fraud Detection
- Risk Management
- Operations Management
7Tools and Techniques for Data Analytics
- Data Mining
- Machine Learning
- Statistical Analysis
- Visualization
8Data Analytics Process
- Data Collection
- Data Preparation
- Data Analysis
- Data Visualization
- Decision Making
9Benefits of Data Analytics
- Improved Decision Making
- Increased Efficiency and Productivity
- Better Customer Satisfaction
- Competitive Advantage
10FUTURE OF DATA ANALYTICS
- Indias data analytics industry is huge and
expected to touch US 118.7 billion by 2026 by
growing at a steady pace. - The data analytics industry is projected to
create over 11 million jobs by 2026 and increase
investments in AI and machine learning by 33.49
11Jobs in Data Analytics
- Data Analyst The average salary for a Data
Analyst in India is around INR 4-5 lakhs per
annum, depending on experience and location. - Business Analyst The average salary for a
Business Analyst in India is around INR 6-7 lakhs
per annum, depending on experience and location. - Data Scientist The average salary for a Data
Scientist in India is around INR 10-12 lakhs per
annum, depending on experience and location. - Data Engineer The average salary for a Data
Engineer in India is around INR 7-9 lakhs per
annum, depending on experience and location. - Business Intelligence Developer The average
salary for a Business Intelligence Developer in
India is around INR 6-8 lakhs per annum,
depending on experience and location. - Machine Learning Engineer The average salary for
a Machine Learning Engineer in India is around
INR 10-15 lakhs per annum, depending on
experience and location.
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