Business Analytics and the Path to Better Decisions

  • Source: IDC
  • Written By:
  • Published:
  • (Originally Published On:) )
We live in an era of the “intelligent economy.” Organizations are recognizing the need for better intelligence about their business. But how far have we come? And what are the best practices that distinguish companies where employees bring intelligence to decision making? This report considers the use of analytics and business intelligence for improving decision making, and the benefits of prebuilt analytic applications for achieving this.

Featured Software Research:

Total Cost of Goods Shipped: A Guide to Better Sourcing Decisions

To increase profits, companies are searching for ways to reduce costs or sell more at the highest possible price. Many companies are turning to imported goods and materials due to lower manufacturing costs, but this can involve many hidden costs. In this paper, PM War Stories and Pronto Software examines how to effectively track the total cost of goods shipped to aid executives in making faster, better sourcing decisions. Read More

Analyzing Big Data: The Path to Competitive Advantage

Big data is different from ordinary database information because of the massive volume, the variety, and the velocity. And the data mix now includes product reviews, video, blogs, tweets, and more. But the biggest current challenge may be to articulate a compelling business case for using big data. Find out how companies in various industries are finding value in the data they have already collected and making it actionable. Read More

You may also be interested in these related documents:

A Road Map to Better Data-driven Decisions: Straightforward Directions for Improving Tactical and Strategic Decision Making

  • Source: SAP
  • Written By:
  • Published:
Small or midsize businesses need powerful yet affordable analytics, business intelligence (BI), and mobile functionality— to get the information required for making better business decisions. You need trustworthy data from your enterprise resource planning (ERP) system, to derive insights and deliver information when and where your employees need it. For a road map for better data­driven decisions, read this report. Read More

The Fast Path to Big Data

Today, most people acknowledge that big data is more than a fad and is a proven model for leveraging existing information sources to make smarter, more immediate decisions that result in better business outcomes. Big data has already been put in use by companies across vertical market segments to improve top- and bottom-line performance. As unstructured data becomes a pervasive source of business intelligence, big data will continue to play a more strategic role in enterprise information technology... Read More

The Power of Analytics Maturity: Achieve Better Business Outcomes by Raising Your Analytics Quotient

  • Source: IBM
  • Written By:
  • Published:
Read about the technologies in IBM's comprehensive, unified business analytics system and how they work together to help organizations grow in analytics maturity—that is, their ability to use analytics to improve business outcomes. Read More
 
comments powered by Disqus