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what's analytics?
Let us assume that your organization could keep all of the information at one place, analyze the data using cutting-edge machine learning technology, make better estimates and mine for hidden patterns
within. Also imagine that it could optimize the use of resources
and execution of workflows and that all of the above happen efficiently and fast. This is the promise of intelligent business analytics.
THAT'S ANALYTICS
This is the success story of the next big organization. An example might clear things out. Organizations have to retain the best of its customers and attract new ones. It is therefore needed to come up with a precise portrait of who they are, how they behave and what their buying patterns are. Modern analytics software can stand up to this task. By analyzing the wealth of organizational data and relating to customer demographics and transaction databases, smart analytics can transform information into insight and provide complete reasoning paths and optimal action plans.
by Panos Toulis (Monday, 12 April 2010 12:10)
Common Sense.Unusual Ideas
Creating software with a purpose !