Analytics & Decision Making
Improve the speed and quality of decision making to confirm that analytics inspired insights are turned in to real life interventions and measurable outcomes that drive better performance BI lifecycle.
With a robust BI lifecycle in place, a business gains a solid foundation for turning information into management action and real business results through predictive analytics. This is a discipline that fuses business and technology to support better-informed, more forward-looking decision-making.
Predictive analytics is defined as the extensive use of data, statistical and quantitative analysis, explanatory and predictive models and factbased management to drive business decisions and actions.
Improve decision making
Predictive analytics improves the effectiveness of companies' strategic. operational and tactical decision-making by helping them turn information into technology-enabled business insights, insights into actions, and actions into outcomes. It can also support a collaborative decision making environment that incorporates and integrates social networking, cloud, mobility, and big data as well as legacy IT environments.Back to Business Intelligence Managing Information