website free tracking About │ Watudata

ABOUT US

Hello World...

this page about 45 minutes reading

image

Data are the events recorded in the world. Anything that can be measured or even categorized can be converted into data. Once collected, these data can be studied and analyzed both to understand the nature of the events and very often also to make predictions or at least to make informed decisions.

We will give you a new understanding of how to view data, use data, and take benefit from data. Where, of course, this cannot be obtained easily using traditional or conventional approaches only.

image

Maybe you've read quotes from professionals who want to explain or describe something. It is hoped will give you a little understanding from a different but still related point of view.

Like some of the quotes from professionals below. Which, we think are appropriate to help you understand about, what is data? data for what? is data important? how you think about data? and so on. As follows:

In data we trust

“Without data you’re just another person with an opinion.”

“If we have data, let’s look at data. If all we have are opinions, let’s go with mine.”

“You need the right balance between data and gut feeling.”

Data Everywhere

“Data is the new oil.”

“Data is the most valuable asset in the world.”

“The world is now awash in data and we can see consumers in a lot clearer ways.”

Data = understanding

“The goal is to turn data into information, and information into insight.”

“You can have data without information, but you cannot have information without data.”

“Errors using inadequate data are much less than those using no data at all.”

“Using data to finding potensial and opportunity, using data as reference for decision making.”

image

So, being able to utilize data in today's digital era is very important.

At least, there are three things you want to achieve when utilize data, including:

  • 1. Finding optimal potential.
    For example:
    • Is your company running optimally?
    • Is your research optimal?
    • Are your results optimal?
    • Is your product marketing optimal?
    • Is the stock price of a company already optimal?
    • Are the economic conditions in the country where you live in optimal conditions?
    • and so forth.

  • 2. Reference in decisions making.
    For example:
    • Is it time to open a new branch?
    • Is it time to launch a new product?
    • Is it time to sell or buy gold?
    • Is it time to sell or buy shares/stock?
    • Is it time to increase or even reduce the amount of production?
    • Is it time to lower or increase interest rates?
    • and so forth.

  • 3. Finding opportunities.
    For example:
    • If option (A) fails, then what will be option (B)?
    • If the price of gold goes down, what commodity prices will go up or vice versa?
    • If the technology sector goes down, then which sector will go up or vice versa?
    • If from the current economic conditions, then what business can survive?
    • If central bank interest rates rise, then what should restaurant owners do?
    • If commodity prices rise, then what should a wheat farmer do?
    • and so forth.

Through this website, we want to help you achieve the three points above, hopefully this can be realized properly and according to our expectations. And just for the record, than just sample questions on each of the points above, we were able to find the answer...amazziingg.

who should access this website?

We suggest that this website should be accessed by you:

  • Who are interested in the field of data analysis, and data science,
  • An economist, businessman, banking, finance, insurance,
  • A policy maker, manager, CEO, CFO,
  • A shareholder/stockholder, broker,
  • An exporter and importer,
  • A student,
  • But it doesn't close to the general public who are curious and want to learn.

Furthermore, to make it easier to understand and clear, we have presented the five frequently asked questions (FAQ) below:

FAQ

image

we use machine learning/Artificial Intelegence

We use 100% data analysis process with Machine Learning (ML)/Artificial Intelligence (AI). What is ML/AI? ML/AI is the practice of programming computers to learn from data.

In ML/AI, data referred to as called training sets or example, then generate models and from these models can be used as measuring tools to produce predictions, decisions, inferences.

Yes!...in other words, process of analyzing the available data it is purely done by machines, meaning that:

  • No human intervention
  • There is no human error, because no human intervention
  • Objective and impartial
  • Purely driven by data

Where the analysis process runs automatically, not tired, not sleeping, it can even continuously ... it's amazing !!! ML/AI will help us to learn, and ML/AI algorithms can help us see what we have learned.

image

we focus on data related to economy, business, and finance

What are the data? The data actually are not information. Information is actually the result of processing, which taking into account a certain set of data, extracts some conclusions that can be used in various ways. This process of extracting information from the raw data is precisely data analysis. So, when the data changes, then information extracted from data will change.

Based on the explanation above and related to this website, we focus on analyzing data related to economy, business, and finance. Where, the data that is dynamicly or changes not only per day but even per few seconds.

Furthermore, from these data to make predictions or at least to make informed decisions, for example to answer questions, such as:

  • What factors affect the economic condition of a country?
  • What factors affect a country's inflation rate?
  • What factors affect the stock price of a company?
  • What factors affect the price of a commodity?
  • What factors affect the exchange rate of a country's currency?
  • and so on.

In addition, because in the analysis process we use ML/AI, our second advantage is that we can analyze as much of the available data as possible, which means we do not only analyze data but also big data...it's amaazzzing!

image

Data Visualization is our analysis report

The final result of the analysis process is presented in the form of a report, which called as Analysis-Report.

Where, the Analysis-Report contains images or in the form of visualization data in a bar chart and pie chart accompanied by some brief reviews.

What is the reason, why have to deliver the results with data visualization?

  • Data visualization is the best tool to highlight possible patterns, makes it easier and faster to make meaningful analysis on the data. In many cases it’s one of the first steps when performing a data analysis for quick insights.
  • Data visualization allowed us to quickly see the patterns in a much clearer way. Goal of data visualization which is to explore and communicate data. Mean, we’re able to quickly see the patterns and the data communicated to us.
  • When the data is visualized (in a histogram, or other forms), patterns become immediately obvious. You’ll know quickly if there’s a rising trend (line graph) or the relative magnitude of something in relation to other factors (using a pie chart).

We present our analysis report in such a way and as simply as possible with the intention of making it easier for users to understand, who of course have different educational backgrounds.

This is also important when presenting to the panel or public. Other people might just prefer a quick overview of the data without going too much into the details. You don’t want to bother them with boring texts and numbers.

What makes a bigger impact is how you present the data so people will immediately know its importance. This is where data visualization can take place wherein you allow people to quickly explore the data and effectively communicate what you’re trying to say.

image

two types of our analysis report

It should be noted, that regarding the analysis report there will be two forms, namely the code or keyword SECTORAL, and the code or keyword MODEL (you can download an example through the sub-points below). And of course the two forms of analysis report have differences.

What is the difference between the two analysis reports?

  • Analysis Report Sectoral, where the results of analysis will be presented with percentage per sector or groups any factor influencing something. This means that the independent variables (influencing factors) will not be specifically stated (for example, using the consumer sector, real sector, banking sector...etc).
  • Analysis Report Model, where the results of analysis will be presented using percentage (and/or value) per variable in influencing something, meaning that what is the independent variable will be specifically stated (for example, using company name, currency name, commodity name...etc .). And also including the model form of the independent variable (x) in predicting the dependent variable (y).

However, to anticipate irresponsible actions (in this case related to the use of our analysis results) we will more often present them in the form of Analysis Report Sectoral, but we do not rule out the possibility that we will also submit an Analysis Report Model for certain reasons.

Keeping secrets by not immediately disclosing the results of our analysis to the public is our step in anticipating irresponsible acts, especially in the use of our analysis results.

image

get access to analysis report right now

Regarding how to access our analysis report, because our website is integrated with the Paypal payment system, it means you must have a paypal account, or parties that have cooperation with Paypal such as certain banks and others.

Once you are ready, the next step is for you to choose and define the case/package analysis that you want to access on our Homepage, and follow the next steps which are very easy and clear, until finally you will download the analysis report.

A little advice for those of you who want to access our analysis report:

  • Pay attention to the information (info) available, such as updates, what the case is, value of influence or adjusted-R-square, and so on.
  • Access the analysis report that is your need. For example, being a supporting reference for making decisions, seeking and finding opportunities, and so on.
  • Because the analysis report is in the form of a summary but does not reduce important values, it is hoped that you will have at least a little understanding of data analysts. For a company we recommend having data analyst/data science staff supported by a data lab.

summary

I would like to thank you for visiting our website.

In addition, I apologize if there are still deficiencies found on this website. We will continue to develop this website to be even better.

After you read above, now you understand what this website was made for. In short, this website can be said to be a "helper".

With this website I hope to increase your effectiveness and efficiency in terms of data analytics.

First, because it has reduced the length of your time when analyzing data to become information. Because what is conveyed is in the form of information, and no longer data.

Second, the information we convey is not just random information. But information is formed from data or driven by data. So, we couldn't make it up.

Meaning that, the results of the analysis are objective and impartial, in this case what I mean is accuracy. And of course we can prove it.

From these two things, namely speed and accuracy, efficiency is achieved. Remember, that 40% of costs can be reduced by making quick and right decisions.

I hope this website give benefit to all of you...and enjoy it.

Thankyou

Happy nice day

and

God bless you all...

image
Executive and Owner
Jeefri A. Moka, SE.