Question

For the second question, just write it on any organization. It doesn't have to be my organization specifically.

Historical Context: The evolution of Data Science

• W01.SI → Read a short history of Analytics.
• W01.QnA → Answer the following questions as a response to this discussion post.
  • W01.QnA.01) What are the distinct phases through which analytics has transitioned?
  • W01.QnA.02) Think/research about the analytics function in your organization. At what stage is your organization? Explain. If you are not working currently, use a company of your choice.

Answer 1

Q2. Now analytic functions mostly used by the online E commerce and Retail company to find the right customer for their product and service. Amazon is one the big E-Commerce company which selling their product online in large volume. So they need to track the customer preference, choice and demand so that right product should be available at right time. Data analysis team analyse the data of customer through different analytical tool which define the consumer behaviour through product selection and preference. So these tool are used for market analysis for various product to increase sale revenue of the company.

Through different data analysis of various product, organization decide strategy for market sales and takes decision based on data analysis report. Many of other product based company like Samsung, apple and Xiaomi used data analysis tool to identify their customer.