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

This chapter provided an overview of analytics systems that have been widely deployed in a range of functional areas: marketing/sales, financial services, logistics/supply chain, manufacturing, and fraud/theft.

Currently, various initiatives are being planned and implemented to advance the state of the art in each of these areas, as well as in many other functional departments not mentioned above, including R&D and human resources.

Our recent conversations with business leaders and senior managers in a number of industries indicate that many companies have already been expanding their capabilities considerably with respect to how data is acquired, managed, integrated, and exploited with advanced analytics throughout the different organizational functions. Indeed, in the words of the writer William Gibson, “The future is already here. It’s just not very evenly distributed yet.”8


Endnotes:

1 Kit Eaton, “How One second could...