Analytics

Analytics uses data and statistics to gain insights and understand complex systems, patterns, and trends. It involves using various techniques and tools to collect, organise and analyse data to draw meaningful conclusions.

Analytics can be applied to many areas, including engineering, mining, surveillance, etc.

There are many different types, including descriptive analytics, which is used to describe and summarise data and diagnostic analytics, which is used to identify the root causes of problems or issues. Predictive analytics forecasts future trends or outcomes, and prescriptive analytics provides recommendations or optimises decision-making.

Overall, analytics is a powerful tool for gaining insights and understanding from data, which can inform decision-making, improve performance, and drive innovation in many different areas.