Analytics in Your Organization: What to Do

While the majority of people in organizations will not become quantitative experts and modelers, the affect of predictive models will be felt across the organization

Today most organizations have at least partially migrated to an integrated operational platform -- such as ERP or CRM -- which streamlines operations, therefore eliminating much redundancy in supporting business processes. However, these integrated operational platforms have failed, so far, to deliver much analytical insight into operations. Today, organizations are turning their attention to finding insight (not just efficiency) to get a better grip on what is happening, and what is likely to happen -- they are learning to apply “analytics” to their operations.

A few ye

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