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This post discusses the importance of big data analytics, and taking business decisions based on the insights received from analyzing the data. Both internal and external auditors haven't fully. They also lead to more efficient operations.
Data is a company's greatest asset, but what actually helps them grow, is how they make use of this data.
The insights you gain can be used to tweak business strategies, develop new products/services (that. Big data analytics allow you to ask anything of your data at any time. Big data analytics is a process used to extract meaningful insights, such as hidden patterns, unknown correlations, market trends, and customer preferences. Big data analytics and tools can dig into vast datasets to extract valuable insights, which can be transformed into actionable business strategies and decisions.