Using Predictive Analytics to Uncover Root Causes and Solve Problems vs. Treat Symptoms

Despite significant investments in technology and an abundance of data, many companies repeatedly struggle to improve results on their marketing efforts. Why? In many cases, they are addressing the symptoms rather than the causes of their customers issues. Predictive analytics can be used to uncover these root cause issues, so they can treat the disease, not just the symptoms.

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Three Oilfield Service Problems and How to Solve Them with Mobile Software

  • Source: IFS
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Oilfield services is a growth industry—many companies in this segment must quickly adopt processes to scale up their operations while maintaining the integrity of their work. Enterprise service management (ESM) software, encompassing enterprise asset management (EAM), maintenance repair and overhaul, field service management, and other business and service disciplines, can deliver best practices associated with more mature service industries. Read More

Predictive Intelligence, Advanced Analytics, and the Future of Risk-aware Decision Making

  • Source: IBM
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Complex systems that are both dynamic and nonlinear, like weather systems and the economy, are very challenging for forecasters due to the continuing evolution of these situations and the potentiality for small changes that can cause disproportionately large impacts. Furthermore, forecasts for these systems are highly susceptible to inaccurate or incomplete data. Risk management lies somewhere between weather forecasting and economic prediction, and risk management professionals can learn a lot... Read More

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Expanding BI's Role by Including Predictive Analytics

Traditionally, organizations have met their prioritized objectives by using business intelligence (BI) information to make informed decisions. Increasingly, organizations are finding that the benefits of BI can be enhanced when complemented by predictive analysis. See how more insight can be gained, and even better decisions made, by coupling business-relevant information with an easy-to-use predictive analytics solution. Read More

Data Mining with MicroStrategy: Using the BI Platform to Distribute Data Mining and Predictive Analytics to the Masses

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Asset Performance Management: The Secret to Uncovering Hidden Profits and Ending Operating Surprises

  • Source: Infor
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Top performers optimize their assets. It’s true in any field—sports, the arts, and business. Yet in business, optimizing performance of capital assets often plays distant runner-up to the more glamorous pursuit of top-line growth. That’s not surprising, given the importance of increasing sales revenue. But it can cost you—and lead to operating surprises that are even more punishing. Read More
 
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