Search the Internet and/or the University Library using a phrase such as, "companies that use data...

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Search the Internet and/or the University Library using a phrasesuch as, "companies that use data analysis." If you choose toutilize the University Library, use the following steps: Click onUniversity Library. Click on the Research Guides tab. Click onBusiness. Enter a phrase like "companies that use data analysis" inthe Enter Search Terms field. Evaluate data analysis and dataanalytics in a minimum of 700 words, and include the following:Identify two or more organizations that utilize data analysis anddata analytics. Identify one or more examples of information beingcollected and analyzed by the organizations. Assess the importanceof data analysis on the successful operation of the organizations.Describe how effective application of data science has grownrevenues, increased profits, or led to other positive outcomes forat least one of the organizations.

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Data analysis is used extensively in many companies in todays world Let us consider two examples of companies that have widely used data analysis resulting in positive outcomes and increased output Amazon the world renowned online retail giant has massive data on huge number of customers on their characteristics online browsing patterns product viewing Amazon payment patterns and several other aspects The data is so diverse in variety volume and velocity and such types of data are often known as big data Amazon performs extensive data analysis on such data to put use in their algorithms for their advertising and marketing and other areas of profitability It is also used to improve customer relations Primarily the customer interface is made smoother using such data as the entire process is faster and simpler using algorithms One of the most crucial aspects of data analysis for Amazon See Answer

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