Definition of «analytic»

The term analytic refers to something that is carefully examined or analyzed in order to understand its nature, characteristics and behavior. It can also refer to a methodical approach used for solving problems by breaking them down into their component parts, studying each part individually, and then combining the knowledge gained from these individual studies to form a comprehensive understanding of the whole problem. In philosophy, analytic refers to a style of reasoning that breaks down complex ideas or statements into smaller components in order to better understand their meaning and logic.

Usage examples

Utilizing behavioral analytics to understand customer behavior and tailor marketing strategies accordingly.
Using data analytics tools to forecast sales and optimize inventory levels for a retail business.
Employing predictive analytics to forecast future demand and optimize resource allocation for a manufacturing company.
Applying text analytics techniques to analyze customer support tickets and identify common issues or areas for improvement in service.
Utilizing web analytics to measure and analyze website performance, including traffic sources, conversion rates, and user behavior.

Phrases with «analytic»

Sentences with «analytic»

That, combined with big data analytics using data science methods, allows the robo advisor to choose the investments that best match your desired rate of return in conjunction with your risk appetite. (simplethriftyliving.com)
The usage of analytics for various business functions, like making a strategy, managing risks, and marketing also is expected to further increase in the coming years. (entrepreneur.com)
He also specializes in data analytics for law departments. (catalystsecure.com)
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Definition of «analytic»

Usage examples

Phrases with «analytic»

Sentences with «analytic»

See also