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

Manufacturing

Process and discrete manufacturing are often lumped together, but they are quite different operationally. The one common element they share, though, is the use of advanced analytics to improve the quality of the output.

Process manufacturing

Perhaps nowhere is the need for quality control greater than in the pharmaceutical industry. Biologic drugs are typically produced in large vats or vessels, and the process is similar to brewing at home. Materials are added to a vat, where active ingredients help build up or break down the desired compounds, which eventually become the drugs designed to treat a condition. Because the distilling or brewing processes can go awry at any time, it must be monitored closely. This typically involves more than just checking a few variables like temperature. Instead, what’s required is to sample, distill, analyze, and then quickly determine whether an intervention is needed.

Moreover, if an intervention is indeed necessary...