Jan 11, 2016

data for growth

Data grows up to 60% a year. 90% of the world's data was created in the last two years.

6 billion people have cell phones. The world population is 7 billion.

Business analysts spend 80% of their time looking for information, and only 20% using it. Data analysis is crucial for companies that want to grow.

An analytical specialist collects chaotic data, structurises it and delivers it.

There are 3 types of data analysis:
  1. Prescriptive Analytics
  2. Predictive Analytics
  3. Descriptive Analytics
Analytics does not remove the need for human insights. There is a compelling need for people to understand data, think from the business point of view, and to come up with insights.

There is a need for professionals with analytic skills that look to harness the power of big data. The ocean of big data is vital to the organization.

To grow visuals come into play. 66% of social media posts are visual according to inc.com. The brain processes visuals better and faster.

Imagery grabs attention
Visuals are easily shareable  


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