Network Analysis
Network analysis is the application of graph/chart theory that is used to categorize, understand, and viewing relationships between the nodes in network terms. It is an effective way of analyzing connections and to check their capabilities in any field such as prediction, marketing analysis, and healthcare etc.Whizlabs
Explore Data & Analytics Statistics
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- People generate 2.5 quintillion bytes of data each day.
- 45 percent of companies run at least some big data workloads in the cloud.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
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