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Preparing Data to be Analyzed For Business Use

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Introduction

As a business owner, analyzes the data that you gather over time can be a great way to get an edge over your competition. However, you’re going to have to prepare the data properly to make sure that you can use it. Take these steps in data preparation to make sure that your data is ready to analyze.

Data Ingestion

Data ingestion is the first step in preparing data in which you’ll be gathering all of the data that you need to analyze automatically or manually. To properly go through the process of data ingestion, you need to first identify the sources that you are looking to gather data from. For example, your business might be a retail chain that’s looking to analyze their sales regularly so you need to create a system where you can easily gather all of the data that you have from each of your store’s sales system regularly. Data ingestion systems can either be set up for data extraction either manually from a skilled team or through automatic services such as Google Cloud. No matter which way you do it, make sure that you have a method for data ingestion that you can use to gather all of your data.

Data Fusion

Data fusion is the second step you’ll want to take after you’ve gathered all of your data through data ingestion. It works by using all of your data and creating easy to use data sets that make analyzing it much easier. For example, you might have different sets of data you would gather from stores such as one for each department in the store. By going through data fusion, you can make sets that make sense more for analyzing such as bringing all of the product data for one specific brand. The types of data sets that you are looking for can differ based on what industry you’re working in so make sure that you work with a set of professionals who can help you create the data sets that make the most sense for you.

Data Cleaning

Data cleaning is the third part of the process that you need to look at once you’ve created the data sets that you’re going to use. Whether a system was having issues during a specific day or you had a large number of people returning a specific product due to a recall, you need to make sure that your data is free from any inaccurate records that would affect it in the long run. Through data cleaning, you and a group of professionals can go through sets of data that are shown to have irregularities and compare it to issues that may have happened. Once you’ve noticed any issues, you’ll clean your data by erasing or modifying the problematic data before you start analyzing it to make sure that your results don’t get tampered. Ensure that your data is always clean before you start fully analyzing it.

Data Delivery

Once your data is completely clean and you’ve analyzed it, you need to make sure that it gets to the proper place to be used successfully. Through data delivery, you’ll be gathering the data that you’ve analyzed so that you can bring it to a board of people who can make the proper decisions for a business. To do deliver data, you can create multiple packages that all contain the same data sets.

First, create a presentation in which you will highlight the most important data sets and what do they correspond with when looking to make a future decision for your company. Afterward, provide raw data of every data set that you’ve gather in a recent period so every member of your company can go and do their research to see if they can get to the same conclusions that you did. From there, make sure that every member of your business that got the data sets to look over can go meet with each other again and talk about any issues that may have arisen from looking over the data. Whether you go through this exact process for delivering data or find another way, you need to make sure that you make it a priority.

Conclusion

Depending on the industry you work in, you might have to only do some of these data processes or more of them to make sure that you can get the results that you are looking for. Make sure that you hire a group of professionals that can help you through every step of this process to make sure that you don’t make any mistakes that could be easily seen by others. Once you’ve hired professionals, you’ll be able to create the data sets that you need no matter what industry you’re working in.             

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