What is data analytics framework? Defnition, Importance & Types
In the era of big data, organizations are increasingly relying on data analytics to drive decision-making and optimize operations. A data analytics framework is a structured approach to collecting, processing, and analyzing data to generate insights and support business goals. This blog explores the definition, importance, and types of data analytics frameworks. Definition of a Data Analytics Framework A data analytics framework is a systematic process that guides the collection, management, and analysis of data to extract valuable insights. It encompasses methodologies, tools, technologies, and best practices that organizations use to transform raw data into meaningful information. The framework typically involves multiple stages, including data collection, data processing, data analysis, and data interpretation. Importance of a Data Analytics Framework Enhanced Decision-Making : By providing a structured approach to data analysis, a data analytics ...