What Is Data Analytics - Fall 2022
What Is Data Analytics - Fall 2022
DATA ANALYTICS
This event is being Microphones are muted Please ask questions in the
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HTTPS://UNITE.UN.ORG/ACADEMY
Greg OGOLLA
Team Lead
Manish ACHARYA
Data Engineer
Rebecca CALINSKY
Data Scientist
The process of examining data sets in order to find trends and draw
conclusions about the information they contain.
https://searchdatamanagement.techtarget.com/definition/data-analytics
Data analytics is the pursuit of extracting meaning from raw data using
specialized computer systems. These systems transform, organize,
and model the data to draw conclusions and identify patterns.
https://www.informatica.com/services-and-training/glossary-of-terms/data-analytics-definition.html
DATA INSIGHT
REPORTING &
REPORTING ANALYTICS ANALYTICS
are used for
Is done to show what’s happening different Explain why something is
It involves organizing and purposes. happening
presenting data in a way that is It involves questioning and
easy to consume interpreting
The primary purpose of a report is The primary purpose of analytics
Content adapted from: https://www.orbitanalytics.com/understanding-the-difference-between-
to track business data at periodic is to gather insightsreporting-and-analytics/
for data-
intervals enabled decision making
Prescriptive
Analytics
The maturity level shows the
business value derived from data
Operational Efficiency
analytics on a Time/Maturity vs
Predictive
Analytics
Fully leverage all
organizations data
Operational Efficiency scale.
Diagnostic
Analytics For the most part the organization
Descriptive Analytics
What should I do? is still in the descriptive analytics
Data stage.
Foundation
What will happen?
Why it happened?
What happened?
What data is needed? Image adapted from: https://www.the-future-of-commerce.com/2019/04/15/leveraging-data-insights/
Time / Maturity
PAST/FUTURE PREDICTIVE
What is likely to happen based on past
events?
FUTURE PRESCRIPTIVE
What should happen if we take a certain
path?
What is the best outcome given the
uncertainty?
WHAT IS DATA ANALYTICS 20
DATA ANALYTICS PROCESS
4
1 2 3 DATA
5
UNDERSTAND DATA DATA EXPLORATION INTERPRET
THE PROBLEM COLLECTION PROCESSING ANALYSIS THE RESULTS
Determine the Gather the data, Value added to the data Use data visualization Find out hidden
business objective. guided by the initial by : and business patterns, future trends,
requirements. intelligence tools, data and gain insights.
Formulate the cleaning, mining techniques, and
question. describe and preparation and predictive modeling to Ensure the analysis
explore data and modelling explore analyze data. was successful. Was
Determine the type verify data quality.. the initial question
of analysis and what answered?
data to be analyzed.
Recommend action
S K I LLS / TOOLS
QUALITATIVE QUANTITATIVE
ANALYSIS ANALYSIS • SKILLS : SQL Skills, Statistical
• Qualitative content • Statistics and programming, Data Mining, Data
analysis Mathematics
• Narrative analysis v s• Graphs and
Wrangling, Data Modelling
• Discourse analysis Visualization
• Thematic analysis • AI/Machine learning • TOOLS : Quantitative tools – PowerBI, Qlik,
• Grounded theory Excel, Python, R, Qualitative tools – NVivo,
MAXQDA
Recommend action.
SKILLS / TOOLS
• SKILLS : Business Analyst skills,
Presentation skills
Required storage.
Integration of structured and unstructured Complexities in implementation
data.
FEEDBACK &
CERTIFICATE REQUESTS
WHAT IS DATA ANALYTICS 29
Q & A
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