Working Blind without Analytics

Half the business leaders in a 2009 survey said they did not have access to the information required to do their jobs, or to close the information gaps necessary to reach important business objectives.  Another third indicated they frequently lack the information needed to make critical on-the-spot decisions.  And 60% admitted they do not share critical information with partners and suppliers for mutual benefit.*

The same survey indicated that early adopters of advanced analytics and optimization systems in a wide range of service and manufacturing industries enjoyed a two-to-one advantage over companies that had no such systems in terms of:

• Extracting relevant information
• Prioritizing relevant information
• Applying information to optimize operations
• Applying information to create more predictable outcomes
• Applying information to understand and manage risk

Increasingly Complex Algorithms

As business analytics applies increasingly complex algorithms to acquire, tame, sort and interpret the vast data streams bombarding companies every minute of every day, more and more companies are harnessing this extraordinary capability to bridge the gaps between strategy, implementation and operational effectiveness.