In today’s Flat World, Enterprises worldwide are facing
challenges due to globalization, increased competition, higher customer expectations,
social media and media pressure and like.
The ultimate differentiator today is "…being able to make
more informed choices with confidence, to anticipate and shape business outcomes"
Data Analytics and Business Intelligence ( DA and BI ) can
help create competitive advantage and enable enterprises to transform challenges
into opportunities in order to grow and flourish.
DA and BI can create opportunities and help answer below
questions ...
- Which customers are thinking of leaving?
- Which transactions are fraudulent?
- Which new product has the greatest chance of success?
- How can I extract insight from all of my information?
- And More ...
Traditional Approach v/s Break Away Approach for Decision Making
As per Mckinsey and Company , Advanced Analytics requires an approach completely different from traditional empirical analysis
Challenges in implementing Data Analytics
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