According to Wikipedia Data analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.[1] Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains.[2] In today’s business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively.
In today’s world data is everywhere and it can sometimes feel overwhelming. We can help relieve some of that anxiety and make data be your friend. That’s where our data analysis services come into play. Suppose you run a restaurant and would like to know what menu items sell the best. Sounds like a simple question right? Without data you would only be guessing which isn’t very helpful. Here’s how we can help. Let’s start by answering the following questions.
- What data do you already have? Sales, Inventory, Receipts, etc.
- What format is the data in? On paper, in a spreadsheet, in a third-party database, etc.
- Does the data have what you need to answer your question, i.e. what menu items sell the best.
- Do you have data on what menu items sold, probably on your receipts or stored in you cash register in it’s database or is it in a spreadsheet you use for accounting, etc.
- Does it show you the quantity sold.
- Does it give you the price you sold it for.
- Does it tell you the wholesale cost.
- Is the data accurate, i.e. does it need data cleansing?
- Is it already in a form that can be used to generate a report, i.e. data transformation?
- Is there missing data, if so how should we go about collecting it in the future.
This can seem like a daunting task but not to worry, we have expertise in technologies like Excel and Python to handle the data cleansing and SSIS to handle the data transformations and to insure the data can be consolidated automatically so you never have to worry about this again. We can organize the data in a RDBMS like Microsoft SQL, Microsoft Access or Microsoft Excel. We can then analyze the data using Power BI, Tableau, Python or Excel to visualize the data to make it easy to answer this and any other questions you may have.
We are here to help so you can concentrate on what you do best, running your business.
