Organizations are capturing data at an ever-increasing rate. What can we learn from it? How can we find and analyze data that will help us understand what is happening? Enter Analytics and Data Services!
Analytics is the science of extracting patterns, trends, and actionable information from large sets of data. While often used interchangeably with the term "business intelligence" or BI, there is a difference. BI is the monitoring and reporting of real- or near-time data and historical trends needed to run an organization efficiently. Analytics involve exploring historical data from many source systems and building analytics solutions that provide insight into information that can drive organizational effectiveness and change.
Data Governance activities and tools promote processes and resources that ensure the effective and responsible collection and use of institutional data.