Data analysis: Tools and methods

Abstract

The paper outlines an overview about contemporary state of art and trends in the field of data analysis. Collecting, storing, merging and sorting enormous amounts of data have been a major challenge for software and hardware facilities. Increasing number of companies and institutions has solved and developed tools for saving and storing tables, documents or multimedia data. Database structures are a major instrument in prevailing applications. These structures have everyday thousands or millions entries. The objectives of analytical tools is obtaining necessary and useful information from collected data and consequently utilizing them for active control and decision making. The main aim of this contribution is to present some possibilities and tools of data analysis with regards to availability of final users.