Since 2021, aggregated from related topics
Data-driven decision making is an approach to making informed decisions by analyzing and interpreting data. It involves collecting and analyzing data from various sources to identify patterns, trends, and insights that can help organizations make better and more effective decisions. By using data to inform decision-making processes, businesses can improve their overall performance, reduce risks, and increase efficiency. Data-driven decision making is especially popular in industries such as marketing, finance, and healthcare, where large volumes of data are generated and can be used to drive strategic decision-making.