Online Dashboard Project and Industrial Talk 7
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Reflection for Trends of Data Analytics in Different Sectors
Data analytics drives both internal operations and client-facing decisions on everything
from revenue targets to marketing touchpoint performance and staff turnover data, thanks
to the increased interest in self-service data analytics. The advantages of embedded
analytics will vary depending on the business application to which they've been
introduced, but there are a few overarching themes in the areas of the user interface, user
experience, data blending, mashups, and process optimization. Data integrity is critical
because data integration is impossible without it. When data integrity is preserved, it
indicates that the data values saved in the database are consistent with the data model
and/or data type. As a result, the data model can provide trustworthy insights, allowing
users to make well-informed business decisions with the finding tools that support data
integrity. With the emergence of analytics on the blockchain, participants in the network
verify or validate the blocks, removing the requirement for a trusted authority to
authenticate the information in them, such as a regulator or an accounting firm.
Reflections for Industrial Talk 7
Information can be visualized in several ways that can provide specific insights. It is
important to identify and understand the story you are going to tell. Proper visualization is
very important when it comes to delivering your message or insight on the data you have
collected. With good insights and a storyline from the data, companies will be able to
improve themselves to a whole new level. The reason behind this is because they can
identify what is the problem the company is facing and what needs to be improved so that
the companies’ sales or production can be generated better. As discussed in the talk,
Power BI is one of the user interfaces which is easy and functional that can be used to
create your data visualization and interpretation. You can manage your data and keep an
insight on the changes of the data up to date just by clicking some simple buttons. It is
believed that usage of interfaces such as Power Bi on data analytics will be growing and
much enhanced in coming years together with the technological growth and how much
important data and information has become. Thus, everyone should be able to adapt to the
usage of data analytics in daily life as it will be a trend in future for the humans to be able
to do certain actions in their daily lives.