Data Analytics Initiatives

Data Analytics Initiatives

Author: Ondřej Bothe

Publisher: CRC Press

Published: 2022-04-20

Total Pages: 169

ISBN-13: 1000629341

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The categorisation of analytical projects could help to simplify complexity reasonably and, at the same time, clarify the critical aspects of analytical initiatives. But how can this complex work be categorized? What makes it so complex? Data Analytics Initiatives: Managing Analytics for Success emphasizes that each analytics project is different. At the same time, analytics projects have many common aspects, and these features make them unique compared to other projects. Describing these commonalities helps to develop a conceptual understanding of analytical work. However, features specific to each initiative affects the entire analytics project lifecycle. Neglecting them by trying to use general approaches without tailoring them to each project can lead to failure. In addition to examining typical characteristics of the analytics project and how to categorise them, the book looks at specific types of projects, provides a high-level assessment of their characteristics from a risk perspective, and comments on the most common problems or challenges. The book also presents examples of questions that could be asked of relevant people to analyse an analytics project. These questions help to position properly the project and to find commonalities and general project challenges.


Business Intelligence Strategy and Big Data Analytics

Business Intelligence Strategy and Big Data Analytics

Author: Steve Williams

Publisher: Morgan Kaufmann

Published: 2016-04-08

Total Pages: 241

ISBN-13: 0128094893

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Business Intelligence Strategy and Big Data Analytics is written for business leaders, managers, and analysts - people who are involved with advancing the use of BI at their companies or who need to better understand what BI is and how it can be used to improve profitability. It is written from a general management perspective, and it draws on observations at 12 companies whose annual revenues range between $500 million and $20 billion. Over the past 15 years, my company has formulated vendor-neutral business-focused BI strategies and program execution plans in collaboration with manufacturers, distributors, retailers, logistics companies, insurers, investment companies, credit unions, and utilities, among others. It is through these experiences that we have validated business-driven BI strategy formulation methods and identified common enterprise BI program execution challenges. In recent years, terms like “big data and “big data analytics have been introduced into the business and technical lexicon. Upon close examination, the newer terminology is about the same thing that BI has always been about: analyzing the vast amounts of data that companies generate and/or purchase in the course of business as a means of improving profitability and competitiveness. Accordingly, we will use the terms BI and business intelligence throughout the book, and we will discuss the newer concepts like big data as appropriate. More broadly, the goal of this book is to share methods and observations that will help companies achieve BI success and thereby increase revenues, reduce costs, or both. Provides ideas for improving the business performance of one’s company or business functions Emphasizes proven, practical, step-by-step methods that readers can readily apply in their companies Includes exercises and case studies with road-tested advice about formulating BI strategies and program plans


Big Data Analytics

Big Data Analytics

Author: Kim H. Pries

Publisher: CRC Press

Published: 2015-02-05

Total Pages: 576

ISBN-13: 1482234521

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With this book, managers and decision makers are given the tools to make more informed decisions about big data purchasing initiatives. Big Data Analytics: A Practical Guide for Managers not only supplies descriptions of common tools, but also surveys the various products and vendors that supply the big data market.Comparing and contrasting the dif


Big Data Analytics

Big Data Analytics

Author: Bernd Heesen

Publisher: Prescient Gmbh

Published: 2016-11-09

Total Pages: 188

ISBN-13: 9783945156070

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Our future is changing radically as we speak. The machine age is on its way and digitalization, automated machine learning and decision making based on Big Data Analytics is transforming the reality of our private and business lifes. This book will explain how you can benefit from new opportunities and avoid the risk of being replaced as an individual and organization. You cannot avoid digitalization, so it is now on you to decide if you will be part of this journey or be left behind. Content: - Value of Big Data - How Big Data revolutionizes strategy execution - Architecture for Big Data Analytics: Framework and Value Lifecycle - Solutions for Big Data Analytics: Descriptive, Predictive and Prescriptive Analytics, Data Mining and Text Mining, Data Visualization, Tools - Real world use cases for Big Data Analytics: Big Data in merchandising, How Big Data helps a bus company, Utilizing digital media at Piano, Manufacturing intelligence at Villeroy & Boch, Big Data for the Public Distribution System in Tamil Nadu. Additional information and videos available at www.prescient.pro


Big Data MBA

Big Data MBA

Author: Bill Schmarzo

Publisher: John Wiley & Sons

Published: 2015-12-11

Total Pages: 314

ISBN-13: 1119238846

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Integrate big data into business to drive competitive advantage and sustainable success Big Data MBA brings insight and expertise to leveraging big data in business so you can harness the power of analytics and gain a true business advantage. Based on a practical framework with supporting methodology and hands-on exercises, this book helps identify where and how big data can help you transform your business. You'll learn how to exploit new sources of customer, product, and operational data, coupled with advanced analytics and data science, to optimize key processes, uncover monetization opportunities, and create new sources of competitive differentiation. The discussion includes guidelines for operationalizing analytics, optimal organizational structure, and using analytic insights throughout your organization's user experience to customers and front-end employees alike. You'll learn to “think like a data scientist” as you build upon the decisions your business is trying to make, the hypotheses you need to test, and the predictions you need to produce. Business stakeholders no longer need to relinquish control of data and analytics to IT. In fact, they must champion the organization's data collection and analysis efforts. This book is a primer on the business approach to analytics, providing the practical understanding you need to convert data into opportunity. Understand where and how to leverage big data Integrate analytics into everyday operations Structure your organization to drive analytic insights Optimize processes, uncover opportunities, and stand out from the rest Help business stakeholders to “think like a data scientist” Understand appropriate business application of different analytic techniques If you want data to transform your business, you need to know how to put it to use. Big Data MBA shows you how to implement big data and analytics to make better decisions.


Leading Data Analytics Transformations

Leading Data Analytics Transformations

Author: Javier Mauricio Canon Moreno

Publisher:

Published: 2017

Total Pages: 79

ISBN-13:

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The phenomenal success of big technology companies founded with a strong emphasis on data, has epitomized the rise of the new "digital economy." Large traditional organizations, that were not long ago "on top of the world" are now at a crossroads. Their business models seem threatened by newcomers as they face pressure to "transform" and "modernize." Publicity has reinforced the perception that data can now be exploited and turned into a source of competitive advantage. In this context, data analytics presumably offers a vehicle to hasten this transformation. Who are the individuals leading these transformation efforts? Where do they come from? What are their challenges and perspectives? This thesis attempted to answer these questions and by doing so, uncover the "faces behind the leadership titles." Interviews of 33 individuals leading data analytics in large traditional organizations and under different capacities, (i.e., at the C-Suite, at the senior leadership level and in middle management) had a few elements in common: They articulated the difficulty of change, and the significant challenges in balancing strategic design with political savviness and cultural awareness. At their core, these are true leadership stories. Change management processes and the "Three Perspectives on Organizations" framework offer mechanisms to better understand the root causes for inhibitors of transformation and provide a path to guide data analytics initiatives. Whether data analytics proves to be a "passing fad" or not, by now, it has served as a catalyst for large traditional organizations to embark on transformation initiatives and reexamine ways to remain relevant. Leadership stories will most certainly abound as these organizations attempt to find ways to survive and prosper in what is now the "digital age."


Big Data MBA

Big Data MBA

Author: Bill Schmarzo

Publisher: John Wiley & Sons

Published: 2015-12-21

Total Pages: 326

ISBN-13: 1119181119

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Integrate big data into business to drive competitive advantage and sustainable success Big Data MBA brings insight and expertise to leveraging big data in business so you can harness the power of analytics and gain a true business advantage. Based on a practical framework with supporting methodology and hands-on exercises, this book helps identify where and how big data can help you transform your business. You'll learn how to exploit new sources of customer, product, and operational data, coupled with advanced analytics and data science, to optimize key processes, uncover monetization opportunities, and create new sources of competitive differentiation. The discussion includes guidelines for operationalizing analytics, optimal organizational structure, and using analytic insights throughout your organization's user experience to customers and front-end employees alike. You'll learn to “think like a data scientist” as you build upon the decisions your business is trying to make, the hypotheses you need to test, and the predictions you need to produce. Business stakeholders no longer need to relinquish control of data and analytics to IT. In fact, they must champion the organization's data collection and analysis efforts. This book is a primer on the business approach to analytics, providing the practical understanding you need to convert data into opportunity. Understand where and how to leverage big data Integrate analytics into everyday operations Structure your organization to drive analytic insights Optimize processes, uncover opportunities, and stand out from the rest Help business stakeholders to “think like a data scientist” Understand appropriate business application of different analytic techniques If you want data to transform your business, you need to know how to put it to use. Big Data MBA shows you how to implement big data and analytics to make better decisions.


The Data Driven Leader

The Data Driven Leader

Author: Jenny Dearborn

Publisher: John Wiley & Sons

Published: 2017-11-06

Total Pages: 272

ISBN-13: 1119382203

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Data is your most valuable leadership asset—here's how to use it The Data Driven Leader presents a clear, accessible guide to solving important leadership challenges through human resources-focused and other data analytics. This engaging book shows you how to transform the HR function and overall organizational effectiveness by using data to make decisions grounded in facts vs. opinions, identify root causes behind your company’s thorniest problems and move toward a winning, future-focused business strategy. Realistic and actionable, this book tells the story of a successful sales executive who, after leading an analytics-driven turnaround (in Data Driven, this book’s predecessor), faces a new turnaround challenge as chief human resources officer. Each chapter features insightful commentary and practical notes on the points the story raises, guiding you to put HR analytics into action in your organization. HR and other leaders cannot afford to overlook the power and competitive advantages of data-driven decision-making and strategies. This book reflects the growing trend of CEOs choosing analytics-minded business leaders to head HR, at a time when workplaces everywhere face game-changing forces including automation, robotics and artificial intelligence. It is urgent that human resources leaders embrace analytics, not only to remain professionally relevant but also to help their organizations successfully navigate this digital transformation. HR professionals can and must: Understand essential data science principles and corporate analytics models Identify and execute effective data analytics initiatives Boost HR and company productivity and performance with metrics that matter Shape an analytics-centric culture that generates data driven leaders Most organizations capture and report data, but data is useless without analysis that leads to action. The Data Driven Leader shows you how to use this tremendous asset to lead your organization higher.


Data Strategy

Data Strategy

Author: Sid Adelman

Publisher: Addison-Wesley Professional

Published: 2005

Total Pages: 392

ISBN-13:

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Without a data strategy, the people within an organization have no guidelines for making decisions that are absolutely crucial to the success of the IT organization and to the entire organization. The absence of a strategy gives a blank check to those who want to pursue their own agendas, including those who want to try new database management systems, new technologies (often unproven), and new tools. This type of environment provides no hope for success. Data Strategy should result in the development of systems with less risk, higher quality systems, and reusability of assets. This is key to keeping cost and maintenance down, thus running lean and mean. Data Strategy provides a CIO with a rationale to counter arguments for immature technology and data strategies that are inconsistent with existing strategies. This book uses case studies and best practices to give the reader the tools they need to create the best strategy for the organization.


Reclaim your market Share with modern data analytics

Reclaim your market Share with modern data analytics

Author: Amit Gupta

Publisher: Pendown Press Powered by Gullybaba Publishing House Pvt. Ltd.

Published: 2022-06-01

Total Pages: 87

ISBN-13: 939126669X

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As the digital landscape constantly evolves and becomes more competitive, businesses need to continue adapting at a breakneck pace to keep up with customer demands. These days, nearly everything about running a business has changed. How we communicate and interact with potential and current customers, monetize and promote our offerings, and even how we think about our place in the world. This book is for growth-hungry business owners ready to take their businesses to the next level – if you’re ready to start growing your business instead of just managing it. This book will show you how to be as effective as possible by spending only 4 hours a week on your business!