6 Phases of Data Analytics Lifecycle Every Data Analyst Should Know About
Introduction
Data Analysis is defined as the process of cleaning, transforming, and modelling data to discover useful information to decide the result which plays a major role in supporting decision making. There are many Data Analytics Training in Chennai that helps to boost up your skills in the field of data analytics. We are there to help you to make you learn data analytics from basics and also will teach you the company-specific needs of data analytics. We are there to train you to do data analytics certifications. If you are interested in doing such certifications will be an added benefit in your resume, join the Data Analytics Certification Courses in Chennai and become a certified data analyst.
Data Analytics
Data analytics is the process of finding information from data to make a decision and subsequently analyze the result using the stored data. Data analytics is the method of examining knowledge sets to conclude the data which contain progressively with the help of specialized systems and software packages. Data Analytics techniques are mostly used in IT Companies to improve the organizations to create more informational organization choice. This is also used by scientists and researchers to test or different scientific models, principles, and data. If you need to get exposure to data analytics then join Data Analytics Training Institutes in Chennai and get well trained in the field of data analytics.
The importance of big data analytics
As said earlier, There are huge benefits of data analytics for all types of businesses and organisations. This is analysed by driven by specialized analytics systems and software, as well as high-powered computing systems, big data analytics offers a variety of benefits that are listed below
- New income opportunities
- More effective marketing
- Better customer service
- Increased operational efficiency
- The competitive advantage compared to rivals
These benefits of data analytics will definitely help the business to grow with huge scope and prosperity.
Tools for Data Analytics
The growing demand and importance of data analytics in the market have generated many openings in IT industries worldwide. As there are many data analytics tools, it becomes slightly tough to shortlist the top data analytics tools. Some of the data analytics tools are R programming in data mining and Tableau public, Python in data visualization, spark, SAS, Rapid Miner, etc. Getting familizerad with any of these tools will help to create a benchmark in the field of data analytics in the top IT companies
The Six Phases of Data Analytics Lifecycle
There are six phases of the data analytics lifecycle. They are listed below.
- Discovery Phase
- Data Preparation Phase
- Model Planning Phase
- Model BuildingPhase
- Operational Phase
- Result Phase
Phase 1- Discovery Phase
The discovery phase includes the understanding of the problems, available time frame, resources, technology, manpower, and budget of the project. The complex problem is understood and a model is designed to get the required result of the project. A hypothesis is considered and different data analytics tools are being considered that should be efficient to provide a result. If you are interested in learning data analytics then join Data Analytics Training Institutes in Chennai and explored data analytics
Phase 2- Data Preparation Phase
The phase includes the gathering of data and formulating it in a structured form to analyze the data. This includes data mining and data cleaning with the help of statistical tools like “R” programming. When the data is formed and stored, it’s time to use different variables and perform the ETLT process that is extracted, transformed, loaded and transformed.
Phase 3- Model Planning Phase
In this phase, different methods and techniques are utilized to create a relationship between different variables. The main idea of this third phase is to use exploratory data analytics which is applied using statistical tools like statistical formulae and visualization tools. The most common tools being used are R Programming, SQL, and SAS tools. There are many Data Analytics Training Courses in Chennai which help you to explore the needed insights with the help of Data Analytics Courses.
Phase 4- Model Building Phase
Under the model Building phase, a dataset is developed for testing purposes. This also includes an understanding of different types of data analytics tools being used. It also checks whether it will be sufficient to suffice the requirement of building a model. The tools used for the model building include WEKA, Matlab, Alpine Miner, Statistica, etc. We offer the best with the help of Data analytics, so join Data Analytics Training Institutes in Chennai and explored data analytics
Phase 5- Operational Phase
The operational phase is where the data requires the delivery of the final report that includes report briefing, code, and technical documents. In this phase, different projects are undertaken and models are run in order to get the desired results of the project. For more practical exposure, Join Data Analytics Certification Courses in Chennai and get the finest learning in the field of data analytics.
Phase 6- Result Phase
This is an important stage because this is the result phase. Here the data is needed to be evaluated properly to find if the desired result has been obtained or not in the project. Under this stage, key findings are identified and communicated to the stakeholders about the result. The stage determines the success and failure of the model built using six phases of data analytics. Wanna create a strong foundation in the data analytics field then join Data Analytics Training in Chennai and build a successful career in data analytics
Scope of Data Analytics
Data analytics has gained humongous popularity over the past few years in the IT Industry. It has become the most important topic in the market since data is at the core of the technology, it may be any kind of business and organization. There is always a huge demand for data analysts with the right skill set and knowledge. This is because there will be an increase with billions of data being generated every day. So, this is the right time to join the Data Analytics Training Courses in Chennai and get familiarized with the data analytics courses.
Conclusion
These are the six phases of data analytics that every data analyst should know. If the one who is needed to explore data analytics must be familiar with the six stages of data analytics. This will help them to get a strong knowledge of data analytics. If you are new to data analytics and wanna study data analytics from basic then join Data Analytics Training Courses in Chennai. We are here to help you to get deep knowledge of data analytics from the basics. So this is the right time to join and get explored to data analytics.