Why is data-driven analytics of interest to companies?

• define creative solutions to business problems without human intervention

• allows companies to make definitive predictions about the future

• it gives companies the ability to make informed decisions

• it helps data analyst shape the analytics problem from a business problem

Question

21-02-2022
Business

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Why is data-driven analytics of interest to companies?

• define creative solutions to business problems without human intervention

• allows companies to make definitive predictions about the future

• it gives companies the ability to make informed decisions

• it helps data analyst shape the analytics problem from a business problem

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Parrain Parrain · Answer 1 · 2022-02-25T11:18:46+01:00

The main reason why data-driven analytics is sought by many companies is because it gives companies the ability to make informed decisions.

What does data-driven analytics entail?

This refers to using the various data and information collected about a company, its competitors and market, and other factors to make decisions.

The information in collated and analyzed to find the best decision to take in a certain scenario. It is therefore invaluable in decision making.

In conclusion, option C is correct.

Find out more on data-driven analytics at https://brainly.com/question/23810306.