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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 8
Analytics Everywhere, All the Time

Keep your eyes on the road and your hands upon the wheel.”
– Jim Morrison

The mining of precious metals and gems is a process that’s rife with inefficiencies and the potential for theft. To ensure profitable operations, companies must control losses at every stage. Even when processes are designed with the appropriate number, type, and timing of checks and balances, advanced analytics can add an additional layer of scrutiny and security. That was the experience of one global corporation, a leader in the operation of gold and diamond mines with a complex network of sites that are offshore, deep underground, and in some of the most remote places in the world, including the Arctic.

At the company, processes for ensuring the security of the extracted gold, diamonds, and other precious materials include providing employees with complete work uniforms that must be worn when entering and exiting work areas...

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Analytics: How to Win with Intelligence
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