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Analytics: How to Win with Intelligence

Analytics: How to Win with Intelligence

By : John Thompson, Shawn P. Rogers
4.7 (19)
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Analytics: How to Win with Intelligence

Analytics: How to Win with Intelligence

4.7 (19)
By: John Thompson, Shawn P. Rogers

Overview of this book

Today, business is moving into an era where information is more valuable than services. Organizations that connect information with their products will have a huge advantage. This book helps people understand the power of data analytics and explains how some of the tools available can be applied to a wide range of applications. It begins with a brief history of analytics and explains how it all began. You'll learn about several common analytical approaches and the tools that data scientists use to analyze data. You'll gain insight into some staffing models, technologies, organizational structures, and analytical approaches used in the previous two eras of analytics. As you progress through the chapters, you'll also get a glimpse into the future of the analytical marketplace. After reading this book, you will be able to help your team deploy analytical elements into your operations and become competitive in your business.
Table of Contents (11 chapters)
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1
Foreword by Tom Davenport

CHAPTER 1
Competitive Advantage Stemming from Analytics

“Where is the knowledge we have lost in information?”
– T.S. Eliot

While working for one of the early startups focused on business intelligence and data warehousing, I (Thompson) had the opportunity to work on the project described below. It was exciting and exhilarating; it was the first time I had a seat at the table when decisions would make or break a career or careers, and sink or accelerate the launch and subsequent fate of a new product line. Much was at stake.

Executives at a large multinational company recognized a significant market opportunity in their home country. Their understanding of the home market stemmed from a long operating history, but the firm’s state-conferred monopoly status was about to end.

The market had changed. There was a national movement to work from home. As companies closed offices and asked employees to base their operations from their homes, entrepreneurship...

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