In today’s business world, two things are certain: companies are compiling and exchanging more information than ever before, and business planning can be a hit or miss affair if you if cannot extract meaningful insights on demand — as conditions change, and in time to make decisions that will affect business outcomes and an organization’s ability to serve its customers.
Analytics is changing that. And as several of the organizations we heard from at this week Information On Demand and Business Analytics Forum are discovering, the best part of analytics is its limitless horizons. Breakthroughs are occurring virtually ever day in our understanding of how to process all the different kinds of data, and turn it into not just organized information, or even knowledge, but actual intelligence.
Here are two examples:
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