What are descriptive analytics?
Descriptive analytics is a statistical method that is used to search and summarize historical and/or current data to identify patterns or meanings. Your company has a great deal of historical data, as all companies do. Such data has massive potential for contributing to your company’s growth, but only when it can be analyzed effectively.
Why are Descriptive analytics important for my company?
Descriptive analytics is required for the initial stage of data analysis. Before you can start making predictions based on your data, and before you can propose changes to your business, you first need a clear understanding of the bigger picture. When you work with Focus Ten Consulting, we strive to ensure that you’ll be positioned to transform data into information that safeguards high-quality operations, accelerates your business’s vision, and gives you a competitive advantage.
How does Focus Ten Consulting utilize descriptive analytics?
At Focus Ten Consulting, we guarantee a thorough and impartial analysis of your company’s data. We use business intelligence software, such as Microsoft Power BI, to summarize historic and current data with easy-to-read visuals. Then, we can identify which elements of the company are performing the best and which elements may need adjustments.
We also offer geographic data analysis services using Esri ArcGIS – the world’s leading geographic information systems mapping software. Using our experience with ArcGIS, we can create maps that visually contextualize your company’s geographical data. This allows us to see where your company is meeting/exceeding goals or falling behind.
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