Uploaded on Dec 16, 2020
What are data analysis tools and techniques? Know about the various types of data analysis tools, techniques, methods, and processes from this PowerPoint presentation.
What are Data Analysis Tools and Techniques
What are Data
Analysis Tools and
Techniques?
SRI MOOKAMBIKA INFOSOLUTIONS PVT LTD
Data analysis tools - Snapshot
Statistical analysis tools
Features to watch:
1. An ecosystem of more than 10000
packages and extensions for various
types of data analysis
2. Statistical analysis, modeling, and
hypothesis testing (e.g. analysis of
variance, t test, etc.)
3. Active and communicative
community of researches,
statisticians, and scientists
Business intelligence tools
Features to watch:
1. Visual drag-and-drop interface with
an easy switch to advanced SQL
mode
2. Powerful predictive analytics
features and interactive charts and
dashboards
3. Intelligent alarms that are triggered
as soon as an anomaly occurs
General purpose programming language
Features to watch:
1. An open-source solution that has
simple coding processes and syntax
so it’s fairly easy to learn
2. Integration with other languages such
as C/C++, Java, PHP, C#, etc.
3. Advanced analysis processes through
machine learning and text mining
SQL Consoles
Features to watch:
1. A unified visual tool for data modelling,
SQL development, administration,
backup, etc.
2. Instant access to database schema and
objects via the Object Browser
3. SQL Editor that offers colour syntax
highlighting, reuse of SQL snippets, and
execution history
Data modeling tools
Features to watch:
1. Automated data model generation to
increase productivity in analytical
processes
2. Single interface no matter the location
or the type of the data
3. 7 different versions of the solution you
can choose from and adjust based on
your business needs
Standalone predictive analytics tools
Features to watch:
1. Automatic forecasting for a large number
of entities or products, including
hierarchical forecasting
2. Scalability and modeling by combining 2
or more models and creating an ensemble
3. An unlimited model repository that
includes time series and casual methods
such as ARIMA and ARIMAX
ETL tools
Features to watch:
1. Collecting and transforming data
through data preparation, integration,
cloud pipeline designer
2. Data governance feature to build a data
hub and resolve any issues in data
quality
3. Sharing data through comprehensive
deliveries via APIs
Unified data analytics engines
Features to watch:
1. High performance: Large-scale data
processing
2. A large ecosystem of data frames,
streaming, machine learning, and graph
computation
3. A collection of over 100 operators for
transforming and operating on large
scale data
Spreadsheet applications
Features to watch:
1. Part of the Microsoft Office family,
hence, it’s compatible with other
Microsoft applications
2. Pivot tables and building complex
equations through designated rows
and columns
3. Perfect for smaller analysis processes
through workbooks and quick sharing
Industry-specific analytics tools
Features to watch:
1. 4 main experience features:
customer, brand, employee, and
product
2. Additional research services by their
in-house experts
3. Advanced statistical analysis with
their Stats iQ analysis tool
Data visualization tools & platforms
Features to watch:
1. Interactive JavaScript engine for
charts used in web and mobile
projects
2. Designed mostly for a technical-
based audience (developers)
3. WebGL-powered boost module to
render millions of data points
directly in the browser
Data science platforms
Features to watch:
1. A comprehensive data science and machine
learning platform with more than 1500
algorithms
2. Possible to integrate with Python and R as
well as support for database connections (e.g.
Oracle)
3. Advanced analytics features for descriptive
and prescriptive analytics
Data analysis techniques -
Snapshot
Text analysis
Text Analysis is also referred to as
data mining
Statistical analysis
Statistical Analysis shows "What
happen?" by using past data in the
form of dashboards
Diagnostic analysis
Diagnostic analysis shows “Why did
it happen?" by finding the cause
from the insight found in statistical
analysis
Predictive analysis
Predictive Analysis shows "what is
likely to happen" by using previous
data
Prescriptive analysis
Prescriptive analysis combines the
insight from all previous analysis to
determine which action to take in a
current problem or decision.
Data analysis process -
Snapshot
Data requirement gathering
Data collection
Data cleaning
Data analysis
Data interpretation
Data visualization
Thank you
References:
1. Guru99.com
2. Datapine.com
Looking for a professional data analysis
services?
Contact Us:
SMI – Enterprise Data analysis services
No: #31, 3rd Floor, Town Hall Road,
Madurai – 625001, TN, India
Phone: India - (+91) 99940 23236, 98422 92110
Dubai – (+971) 50 4235546, (+971) 04 3817358
United States – (+1) 678 459 2330
Email: [email protected]
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