3. Some businesses are challenged by
the complexity
and confusion that analytics can
generate. Companies
can get stuck trying to analyze all
that’s possible and all
that they could do through analytics,
4. TO
OVERCOME
THIS,
Following are steps that we
have seen work in a
number of companies to
simplify their analytics
strategy and generate
insight that leads to real
outcomes:
5. Fast data = fast insight = fast
outcomes.
1. ACCELERATE
THE DATA
8. Next-gen business intelligence is bringing data
and
analytics to life to help companies improve and
optimize
their decision-making and organizational
performance.
A) NEXT-GEN
BUSINESS
INTELLIGENCE (BI)
AND DATA
VISUALIZATION.
9. B) DATA
DISCOVERY.
C O M P A N Y . C O M
T H R O U G H T H E U S E O F D A T A D I S C O V E R Y
T E C H N I Q U E S , C O M P A N I E S
C A N T E S T A N D P L A Y W I T H T H E I R D A T A
T O U N C O V E R D A T A P A T T E R N S
T H A T A R E N ’ T C L E A R L Y E V I D E N T . W H E N
M O R E I N S I G H T S A N D
P A T T E R N S A R E D I S C O V E R E D , M O R E
O P P O R T U N I T I E S T O D R I V E V A L U E
F O R T H E B U S I N E S S C A N B E F O U N D .
10. C) ANALYTICS
APPLICATIONS.
C O M P A N Y . C O M
A P P L I C A T I O N S C A N S I M P L I F Y
A D V A N C E D A N A L Y T I C S A S T H E Y
P U T
T H E P O W E R O F A N A L Y T I C S E A S I L Y
A N D E L E G A N T L Y I N T O T H E H A N D S
O F T H E B U S I N E S S U S E R T O M A K E
D A T A - D R I V E N B U S I N E S S
D E C I S I O N S .
11. D) MACHINE
LEARNING AND
COGNITIVE
COMPUTING.
C O M P A N Y . C O M
M A C H I N E L E A R N I N G I S A N
E V O L U T I O N O F A N A L Y T I C S T H A T
R E M O V E S
M U C H O F T H E H U M A N E L E M E N T
F R O M T H E D A T A M O D E L I N G
P R O C E S S T O P R O D U C E
P R E D I C T I O N S O F C U S T O M E R
B E H A V I O R A N D
E N T E R P R I S E P E R F O R M A N C E
12. MANAGERIAL
RELEVANCE
C O M P A N Y . C O M
A M A N G E R A P P L Y I N G A L L T H E S E
T E C H N I Q U E S , C A N S U R E L Y R E C E I V E
B E S T O F R E S U L T S B E C A U S E D A T A
N E E D S T O B E R I G H T L Y E X P L O I T E D .
B Y D E L E G A T I N G W O R K T O T H E D A T A
A N A L Y T I C S , O N E C A N C O R R E C T L Y
A S S E S T H E F A U L T S I N T H E A N A L Y S I S
A N D C O R R E C T T H E M
A C C O R D I N G L Y . T H I S L E A D S T O A
P R O G R E S S I V E G R O W T H O F T H E
O R G A N I Z A T I O N W I T H O U T M U C H
L O S S E S .