Machine Learning in Data Analytics and Reporting: Advancing Decision-Making Processes in the Digital Age

Abstract: This article examines the transformative impact of machine learning (ML) on data analytics and reporting practices, highlighting its potential to revolutionize decision-making processes across various industries. We comprehensively analyze current literature and industry practices and explore how ML techniques enhance data processing, predictive analytics, and visualization capabilities. The article delves into advanced ML applications, including automated data cleaning, feature engineering, and real-time analytics, demonstrating their efficacy in extracting actionable insights from complex datasets. Furthermore, we investigate the role of ML in generating intelligent reports, creating interactive dashboards, and providing contextual recommendations. The article also addresses critical challenges such as data security, regulatory compliance, and ethical considerations in ML-driven analytics. Our findings suggest that the integration of ML in data analytics and reporting not only improves accuracy and efficiency but also enables more sophisticated, data-driven decision-making strategies. This article contributes to the growing body of knowledge on ML applications in business intelligence and provides a foundation for future research in this rapidly evolving field.

Authors

Publication Details

Journal
International Journal for Research in Applied Science and Engineering Technology
Published
2024-09-27
DOI
https://doi.org/10.22214/ijraset.2024.64322
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
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article

Machine Learning in Data Analytics and Reporting: Advancing Decision-Making Processes in the Digital Age

Saravana Kumar Nanjappan
International Journal for Research in Applied Science and Engineering Technology
Big Data and Business Intelligence
article

Machine Learning in Data Analytics and Reporting: Advancing Decision-Making Processes in the Digital Age

Saravana Kumar Nanjappan
article en

Abstract

Abstract: This article examines the transformative impact of machine learning (ML) on data analytics and reporting practices, highlighting its potential to revolutionize decision-making processes across various industries. We comprehensively analyze current literature and industry practices and explore how ML techniques enhance data processing, predictive analytics, and visualization capabilities. The article delves into advanced ML applications, including automated data cleaning, feature engineering, and real-time analytics, demonstrating their efficacy in extracting actionable insights from complex datasets. Furthermore, we investigate the role of ML in generating intelligent reports, creating interactive dashboards, and providing contextual recommendations. The article also addresses critical challenges such as data security, regulatory compliance, and ethical considerations in ML-driven analytics. Our findings suggest that the integration of ML in data analytics and reporting not only improves accuracy and efficiency but also enables more sophisticated, data-driven decision-making strategies. This article contributes to the growing body of knowledge on ML applications in business intelligence and provides a foundation for future research in this rapidly evolving field.

International Journal for Research in Applied Science and Engineering TechnologyVol. 12(9)
Openalex Percentile: Top 75%
Big Data and Business Intelligence
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