The following are some of the most common data analysis applications:

• Detection of Fraud and Risk Analytics
  Data analytics is widely used in banking to analyse anomalous transaction and customer details. In order to minimise losses and prevent fraud, banks use data analytics to analyse loan defaulters and credit scores for their customers.

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• Transportation Route Optimization
  Companies like Uber and Ola rely heavily on data analytics to optimise their customers' routes and fares. They employ an analytical platform that analyses the best route and computes percentage increases and decreases in taxi fares based on a variety of parameters.