Analytics

usgb/ˌænəˈlɪtɪks/
noun

The study and use of data and patterns to make decisions and solve problems.

The company uses analytics to understand customer behavior and improve sales.
Visual representation of "analytics" - The study and use of data and patterns to make decisions and solve problems.

Often appears as...

  • data analytics
  • predictive analytics
Definition 1 of 2
Visual representation of "analytics"
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Decision Making

Analytics involves evaluating data to make informed choices in business or computing.

Illustration for Decision Making
Utilizing analytics, they optimized their website layout to attract more visitors.
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Problem Solving

It's the process of analyzing patterns and data to tackle specific issues.

Illustration for Problem Solving
The logistics company used analytics to reduce delivery times and costs.
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Pattern Recognition

Analytics seeks to identify trends and patterns in data, which can predict future activities.

Illustration for Pattern Recognition
By applying analytics, she could predict the hottest fashion trends for next season.
Visual representation of the word "Analytics"

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