With the proliferation of data and emerging skills to analyze it, colleges and universities are identifying new reasons and methods to optimize data for more informed decisions.
Data analytics is transforming the way we approach critical thinking. Opportunities continue to open up for institutions to turn data into the basis for decision-making that is cost-efficient, relevant and responsive. With the explosion of good data available internally and publicly accessible, there are tremendous opportunities to expand usage to enhance the mission through operational changes in administrative and academic areas:
- Identifying fraud and collection issues
- Pedagogical planning
- Finance, facilities, fundraising
- Predicting capital investment needs