The Role of Data Analytics in the Finance Industry

The role of data analytics in the finance industry is profound and growing with each passing year. With data science, machine learning, and modeling, data analytics professionals can use these tools for organizations to minimize risk and create more efficient and profitable decisions based on fact rather than fiction.  According to highlights of a study from Dresner Advisory Services in Forbes, data analytics adoption in enterprises raised from 17% in 2015 to 59% in 2018, reaching a compound annual growth rate of 36%.“Telecommunications, advertising, and insurance are the three industries that say big data analytics is the most critical to…...