ELI5: Explain Like I'm 5

Analytic applications

Analytic applications are computer programs that help businesses measure and analyze the data they collect. They collect data from different sources such as websites, apps, computers, and smartphones. Then, they organize the data into understandable and useful information that can help the business make decisions. For example, they can show how many people are visiting a website, how customers are interacting with an app, how much money a company is making, or what people are saying about a product on social media. Analytic applications give businesses a clear picture of what’s going on and then they can use this data to make better decisions.