Explain why analytics is important in today’s business environment.
Explain the importance of analytics in today’s business environment.
The business analytics are very useful for today’s business environment to determine the performance of organization and for its success. The analytics are used by organizations for improving activities like management of customer relationships, financial activities, human capital, marketing of products and supply chains. Also, the analytics are used for predicting the required outcomes and optimizing the profits. Hence, the analytics is important in today’s business environment.