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Data Processing in Data Analytics From Raw Data to Actionable Insights

The document outlines the data processing lifecycle, emphasizing its importance in converting raw data into actionable insights for informed decision-making. Key activities include data cleaning, transformation, and reduction, which enhance data quality and analysis accuracy. It also highlights the significance of using appropriate tools and methods to address challenges such as data volume and quality, ultimately improving business outcomes and ROI.

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3 views8 pages

Data Processing in Data Analytics From Raw Data to Actionable Insights

The document outlines the data processing lifecycle, emphasizing its importance in converting raw data into actionable insights for informed decision-making. Key activities include data cleaning, transformation, and reduction, which enhance data quality and analysis accuracy. It also highlights the significance of using appropriate tools and methods to address challenges such as data volume and quality, ultimately improving business outcomes and ROI.

Uploaded by

jinnamanasa8
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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Data Processing in Data

Analytics: From Raw Data


to Actionable Insights
Explore how data processing turns raw data into valuable insights.

Discover key steps in the data processing lifecycle for smart decisions.

by manu
What is Data Processing?
Definition Purpose
Converting raw data into a usable, meaningful format. Essential for accurate, reliable data analysis and insights.

Key Activities Benefits


• Cleaning Improves data quality by reducing noise and errors.
• Transforming
• Organizing
Key Stages of Data Processing
Data Collection Data Cleaning

Gather raw data from databases, sensors, APIs, web scraping.Remove errors, duplicates, and inconsistencies.

Used by 80% of organizations. Boosts analysis accuracy by 40%.

Data Transformation Data Reduction

Normalize, aggregate, and integrate data into a Reduce volume via aggregation or feature selection.
consistent format.
Data Processing Methods
Batch Processing
Process large data volumes periodically, ideal for
historical analysis.

Real-time Processing
Immediate data processing critical for timely insights
and fraud detection.

Online Processing
Process data instantly after entry for systems like e-
commerce and CRM.
Importance of Data
Processing in Analytics
Accuracy & Reliability
Improves data accuracy by 85%, fundamental for trust.

Decision-Making
Enables data-driven strategies and better business outcomes.

Efficiency & Cost Reduction


Boosts operational efficiency and reduces analysis costs.

ROI Improvement
Leads to a 20% increase in return on investment.
Data Processing Tools and Technologies
ETL Tools Data Warehouses

Extract, Transform, Load tools like Apache NiFi and Central repos like Snowflake and Amazon Redshift
Informatica. support analytics.

Informatica has 18.2% market share. Snowflake revenue rose 83% YoY in 2023.

Data Lakes Programming Languages

Store large raw data sets using Hadoop and AWS S3. Python, R, and SQL for custom data processing and analysis.

Hadoop market target: $87B by 2027.


Challenges in Data Processing
• Data volume and velocity growing 61% annually
• 80% of enterprise data is unstructured, increasing complexity
• Poor data quality costs US businesses $3 trillion yearly
• Security and privacy risks, GDPR fines hit $2.6 billion in 2023
Conclusion: Transforming
Data into a Strategic
Asset
Critical Role
Data processing underpins successful analytics and insights.

Quality & Insight


Enhances data quality and drives informed decisions.

Right Tools & Methods


Choosing effective tools ensures processing efficiency.

Continuous Improvement
Adaptation and refinement remain key to success.

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