How do Digital agencies use data scientist to invest themselves given the current economic status?

eNitiate_Data_Analysis_2019

Data Analysis is important to Digital agencies in ensuring the success of companies.

All the companies have to make decisions in order to carry out their business profitably, which in this decision can only be made after they have analyzed the data from that company for using data to enhance the customer journey by analysing economic data.

eNitiate_Economic_Data_Analysis

Economical Data analysis

The importance of data

The digital analysis makes the calculations and data sorting so easy, Data Analytics helps an organization to tackle the data and utilize it to find new opportunities. 

Digital Agencies need to analyze their data for a Product review, market status, customers reviews about the product or about the company.

eNitiate_Economic_Data_Analysis_2019

Data analysis

Data analytics has added new dimensions to this forecasting though, and this can help Companies to better pinpoint the causes of the recession and the problem areas, and enable them to put into practice policies that will best counteract them. 

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Data Analytics can analysis economically inflation between the years. Can Data analytics help bridge the economic inequality gap in companies?, Yes data analytics can indicate the country’s wealth.

Analysing economic data is useful

Data Analytics can play a big role in transforming  economical status for South Africa with a sensor-based data collection Framework, this could indicate various factors, even warning  about seasonal inflation

Developing economy by data analytics

Data science could be useful to overcome many challenges. 

But yes, you have one big issue in collecting data requires for scientists, keep in mind that share of the shadow economy is bigger in developing countries.

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