Book Image

Analytics: How to Win with Intelligence

By : John Thompson, Shawn P. Rogers
Book Image

Analytics: How to Win with Intelligence

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)
Free Chapter
1
Foreword by Tom Davenport

Conclusion

The business environment is changing faster than ever before. How can companies keep up? The answer lies in advanced analytics, which empower firms to not only respond quickly to market changes but also to anticipate them with greater accuracy.

In the past, building the capacity for such advanced analytics was feasible for only large corporations with significant resources and abundant capital. Today, thanks to the four drivers of the modern data ecosystem, medium- and small-sized firms can also play the analytics game. As we shall see in Chapter 8, those businesses that are successful in their efforts will have the flexibility to protect margins, hold market share, and compete in innovative ways to truly differentiate their offerings from the competition.


Endnotes:

1 “Bank Speeds Time to Market with Advanced Analytics,” available at http://dell.to/2t0q0PP.

2 “Modern Data Ecosystem,” Shawn Rogers & John Myers, Enterprise...