“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
Search Medium
You are signed out. Sign in with your member account
(sh__@g__.com) to view other member-only stories. Sign in
“A Step-by-Step Guide to the Data Analytics
Process”
Pankaj Shah | Data Analytics Mentor · Follow
4 min read · Apr 17
Listen Share
Data Analytics Process
In today’s data-driven world, businesses collect vast amounts of data on a daily basis.
However, the value of this data lies in the insights that it can provide when analyzed
and interpreted correctly.
This is where data analytics comes into play — a process that transforms raw data
into actionable insights that can help businesses make informed decisions and gain
1 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
a competitive edge in the market.
You are signed out. Sign in with your member account
Data analytics(sh__@g__.com)
is a process that involves the use of various techniques and tools to
to view other member-only stories. Sign in
analyze data and derive insights from it. By leveraging the power of data analytics,
businesses can gain a competitive edge and make informed decisions that can help
them achieve their goals.
The process of data analytics involves several steps that are crucial for turning raw
data into actionable insights. These steps include data collection, cleaning and
preparation, exploration, modeling, evaluation, visualization, and
communication. In the following sections, we will discuss each of these steps in
detail.
1. Data Collection:
The first step in the data analytics process is data collection. The data can be
collected from various sources such as databases, spreadsheets, APIs, or web
scraping tools. The collected data should be relevant and comprehensive enough to
meet the objectives of the analysis. It is important to ensure that the data collected is
accurate, complete, and unbiased to ensure the accuracy of the results.
2. Data Cleaning and Preparation
Once the data has been collected, it needs to be cleaned and prepared for analysis.
This step involves removing duplicates, filling in missing values, correcting errors,
and transforming data into a suitable format for analysis. This is a crucial step in the
data analytics process as it ensures that the data is consistent, accurate, and ready
for analysis.
3. Data Exploration
The next step in the data analytics process is data exploration. This step involves
exploring the data to identify any patterns, trends, or relationships that may exist.
This can be done through visualizations, statistical summaries, or other analytical
techniques. Data exploration helps in gaining an understanding of the data and
identifying any potential outliers or anomalies.
4. Data Modeling
Once the data has been explored, the next step is to create a model that can be used
to make predictions or draw conclusions about the data. The model can be created
2 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
using statistical or machine learning techniques. The choice of the model depends
on the type ofYou
data and the objectives of the analysis. For instance, if the objective is
are signed out. Sign in with your member account
to predict customer behavior,
(sh__@g__.com) a machine
to view learningstories.
other member-only model such
Sign in as a decision tree or
neural network may be used.
5. Data Evaluation:
Once the model has been created, it needs to be evaluated to determine its accuracy
and validity. This can be done by comparing the predictions made by the model with
actual data. If the predictions are accurate, the model can be used to make informed
decisions. However, if the predictions are not accurate, the model needs to be
refined or a new model needs to be created.
6. Data Visualization and Communication:
The final step in the data analytics process involves presenting the results of the
analysis in a way that is easy to understand and communicate. This can be done
through visualizations, reports, or dashboards. The choice of visualization depends
on the type of data and the audience. Data visualization helps in communicating
insights in a way that is engaging and easy to understand.
In addition to these steps, the data analytics process requires several technical skills
such as programming, data management, and statistical analysis. It also requires
domain knowledge to understand the context in which the data is collected and how
it can be used to solve business problems. Moreover, the data analytics process
requires critical thinking and creativity to turn raw data into actionable insights
that can drive business decisions.
Conclusion:
The data analytics process is a powerful tool for businesses to gain insights from
their data and make informed decisions. It involves several steps, including data
collection, cleaning, and preparation, exploration, modeling, evaluation,
visualization, and communication. By following a streamlined data analytics
process, businesses can transform their raw data into actionable insights and gain a
competitive edge in the market.
If you really like my content, Buy me a coffee and encourage me to share more tips
and resources on Data Analytics | Data Science. Your support really makes a
3 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
difference!
You are signed out. Sign in with your member account
Thank you so (sh__@g__.com)
much for reading, and please do not hesitate to reach out with any
to view other member-only stories. Sign in
questions or concerns. If you’d like to reach out, you could connect with us on
Instagram or Medium. You can also reach us via email at
[email protected].
Data Analytics Dataanalyticsprogram Data Visualization Data Data Science
Follow
Written by Pankaj Shah | Data Analytics Mentor
249 Followers
�|
Data Analytics | Data Science Expert | Tech Writer | Sharing knowledge, Resources and Insights on Data�
write stories behind the Data �
More from Pankaj Shah | Data Analytics Mentor
4 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
You are signed out. Sign in with your member account
(sh__@g__.com) to view other member-only stories. Sign in
Pankaj Shah | Data Analytics Mentor
Data Analytics Interview Questions
Data Analytics Interview Questions Based on Real-Time Business Problems:
12 min read · Apr 14
234 4
5 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
Pankaj Shah | Data Analytics Mentor
MySQL Interview Questions
You are signed out. Signfor Data
in with your Analytics
member account
(sh__@g__.com) to view other member-only stories. Sign in
Here are some SQL interview questions for data analytics:
11 min read · Apr 17
142 2
Pankaj Shah | Data Analytics Mentor
The Future of Data Analytics: Emerging Technologies and Trends
:
4 min read · Apr 14
203 2
6 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
You are signed out. Sign in with your member account
(sh__@g__.com) to view other member-only stories. Sign in
Pankaj Shah | Data Analytics Mentor
My First 14 Days on Medium- How I got over 4000 Views.
Recommended from
“Breaking into Medium: MyMedium
path to 4000 views in 2 weeks.”
2 min read · Apr 27
247 9
See all from Pankaj Shah | Data Analytics Mentor
7 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
Naina Chaturvedi in Coders Mojo
Day 14 of 30You
days of Data
are signed Analytics
out. Sign with
in with your Projects
member account Series
(sh__@g__.com) to view other member-only stories. Sign in
Welcome back peeps. This is Day 14 of 30 days of data analytics.
· 8 min read · Nov 22, 2022
141 4
Mo Villagran
How Do You Ensure Data Quality in Different Types of Projects?
In my last article, I talked about how to manage data quality in regular ad-hoc data requests.
What about other projects? No worries, I’ll…
· 4 min read · 5 days ago
Lists
What is ChatGPT?
9 stories · 26 saves
Stories to Help You Level-Up at Work
19 stories · 21 saves
8 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
Staff Picks
302 stories · 62 saves
You are signed out. Sign in with your member account
(sh__@g__.com) to view other member-only stories. Sign in
Paul Burkart
Getting Started with A/B Testing
I. Introduction
· 15 min read · Feb 28
1 1
9 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
You are signed out. Sign in with your member account
(sh__@g__.com) to view other member-only stories. Sign in
Dennis Ganzaroli in MLearning.ai
The Best kept Secret in Data Science is KNIME
Discover KNIME, the best kept secret in data science. This powerful and versatile open source
platform offers a visual interface and wide…
· 14 min read · Feb 2
415 4
10 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
Andrew Courter in Level Up Coding
Is Star Schema Dead?
You are signed out. Sign in with your member account
(sh__@g__.com) to view other member-only stories. Sign in
Star schema has been used in data warehouses and data marts for decades now. With storage
getting cheaper is it time to move on?
· 3 min read · Jan 2
235 8
Naina Chaturvedi in Coders Mojo
Day 12 of 30 days of Data Analytics with Projects Series
Welcome back peeps. This is Day 12 of 30 days of data analytics.
· 8 min read · Nov 21, 2022
113
See more recommendations
11 of 12 5/16/2023, 9:48 AM
“A Step-by-Step Guide to the Data Analytics Process” | by Pankaj Shah ... https://medium.com/@dataanalyticsmentorr/how-to-transform-your-raw...
You are signed out. Sign in with your member account
(sh__@g__.com) to view other member-only stories. Sign in
12 of 12 5/16/2023, 9:48 AM
