Definition, Meaning & Synonyms

analytics

noun

/əˈnæl.ɪ.tɪks/

Definition

The systematic analysis of data or statistics.

Examples

Businesses use analytics to understand customer behavior and improve service.
The analytics team worked late into the night to finalize the report.
With the help of analytics, the company increased its sales by 20% over the last quarter.

Meaning

Analytics involves the use of software and algorithms to draw insights and conclusions from datasets, helping businesses and individuals make more informed decisions.