oboloo

oboloo Glossary

Descriptive Analysis

oboloo Glossary

Descriptive Analysis

Descriptive Analysis is a powerful business technique used to uncover trends and patterns in data through the exploration, summarization, and presentation of complex information. It involves examining data in order to identify any significant relationships between variables, as well as anomalies or outliers. Through descriptive analysis, businesses can gain a better understanding of their customers, products, or services, and make informed decisions about their operations. This type of analysis allows for the comparison of multiple datasets to create detailed visualizations, making it easier to analyze larger and more complex datasets to derive actionable insights.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971