Many experts will agree that big data can be overwhelming and without having a good strategy in place to apply all this data in attaining a goal, then it is never going to serve any purpose. It is for this reason that most people are now seeking the help of BI & Big Data Analytics companies or big data analytics software to get things done hassle-free. Before taking this route, you need to be fully aware of the different types of big analytics available. Luckily, we are here to offer a helping hand. Read on and find out more.
Descriptive analysis is one of the most common classes of big data analytics as it provides an overview of what really happened at a given point in the past. You should always keep in mind that analytics are visualized using reports, graphs and charts. Despite the fact that emerging technologies are now applicable in big data analytics, they are not mandatory when it comes to descriptive analytics.
At times, your organization may be in dire need of deeper insights into why a given problem came to be. When this is the case, diagnostic analysis would serve you perfectly as it is going to point you in the right direction. Thanks to interactive diagnostic visualization tools, analysts can find it easy in determining the root cause of the problem. This is quite fascinating considering they do not have to stick with graphs and charts when figuring out what is taking place. However, you need to make sure you are relying on experts who understand what they are doing. To be on the safe side, you should create a List of BI & Big Data Analytics Companies in Singapore after which you can narrow it down.
Predictive analysis is not a walk in the park and it is actually the point where big data analytics becomes complicated. By incorporating Artificial Intelligence and machine learning, predictive analysis provides organizations with models that depict what is going to happen next. Even though it is yet to be widely adopted, predictive analysis software will always prove beneficial in this regard.
There you have it, some of the most notable types of big data analytics you need to be aware of. With this information, it will prove quite easy in finding the best BI and Big data analytics company in Singapore.
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