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How COVID-19 affected the data analytics sector

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How COVID-19 affected the data analytics sector

Over a year after the outbreak, the world continues to struggle to fight the COVID-19 pandemic. While most people have adapted to the new norm, fresh cases and new coronavirus variants are still being reported in many areas across the globe. World economies are also still reeling from the impact of lockdowns and business disruptions.

 

From business to producing a new normal, the COVID-19 pandemic has changed everything that all of us have accepted. Analytics is no exception. The pandemic has altered the integrity of the analytic data models that many companies had in place.

 

David Tareen, director of AI and analytics at SAS, said that the pandemic altered the integrity of the analytic data models that many companies had in place. This required companies to redefine and retrain those models so the analytics could address new business and environmental conditions that the pandemic brought about.

 

"As companies adapt to the new normal created by COVID, one of the primary questions we're asked in analytics is how to retrain artificial intelligence (AI) models with a more diverse data set," he added.