Data Insights
What are Data Insights?

Data insights are the direct benefits of a profound understanding of an enterprise organization’s information. The analysis of certain issues and patterns leads to data insights that an organization can use for better decision-making, which can lead to better ROIs, deeper understanding of the market, and increased benefits within both the organization itself and their client base.

Business person reviewing data insights.
  • How do you find data insights?
  • What is the difference between data analytics and data insights?
  • What does HPE offer for data insights?
How do you find data insights?

How do you find data insights?

Data insights are found through the deep analysis of patterns and statistics within data. Through the interpretation of these patterns, organizations can leverage insights to forecast customer needs, thereby promoting more effective decision-making. In order to extract actionable insights from data, enterprises must follow several steps:

  • Collect raw data to develop data insights. Initial raw data collection is considered “messy,” as large quantities of data are often formatted in structured and unstructured formats.
  • Categorize data and reformat it to fit your analysis structure to further develop data insights. Restructuring and “cleaning” are necessary to consolidate and segment data for analysis.
  • Analyze your data to strategically develop predictive algorithms. Utilizing the appropriate algorithms during this stage is essential for data validation.
  • Predict based on the analysis to better inform decision-making, as the predictions within your observed data determine which direction your customer base is heading, or where the market is leading.
  • Understand your data insights. A deep understanding based on the thorough data analysis is the final step to transforming your data into insights and empowering better decision making.

Data solutions

Related topics

Data Analytics

Data Intelligence

Data Management