Tax ShortsLet's talk data analytics

Did you know that data-driven organisations are three times trends, visualise data and make important decisions, both personally and professionally. Let’s talk.

Data analytics involves the review of data sets, making trends and using them to draw conclusions about the information they contain. Data has always been an important component when it comes to decision making. What has changed over the years, is the large volume of data that must be processed and the advanced rooms available to process this data to make sense and help in decision making. Essentially, data is as valuable as gold.

From a business perspective, the rich variety of data that enterprises generate contain valuable insights and data analytics is the way to unlock them. Data analytics, if used properly, provides a competitive advantage by enabling organisations to identify new opportunities and leverage their insights to make strategic decisions.

At PwC, part of our strategy is to digitise our network. Upscaling our people to use software value addition to our business since 2020.

Data analytics is not only valuable while doing business, it can also be applied to personal spending can help to track leakages to make informed decisions. This may appear to be daunting, but it’s quite simple, especially when initiated on a small scale.

Lydia Pwadura (lydia.pwadura@pwc.com)

Padrina Annan (padrina.a.annan@pwc.com)

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