article thumbnail

How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

Team Upskilling: Train business analysts on planning, gap analysis, scoping & blueprinting, cost-benefit calculation of new initiatives, solution architecture, modelling, elicitation, requirement management, performance management, and other improvement initiatives. Tools Updating: A business analyst is as good as his/her tools.

article thumbnail

How To Find And Resolve Blind Spots In Your Data

Smart Data Collective

Fortunately, there are specialized software options that can discover the data your company has — dark or otherwise — and clean it so that you can eventually use the data to meet your business analysis goals. Your company may also have blind spots to conquer if it doesn’t have the tools necessary to measure ROI appropriately.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

Or even better: “Which marketing campaign that I did this quarter got the best ROI, and how can I replicate its success?”. Giving the most ROI? 5) Which statistical analysis techniques do you want to apply? There are dozens of statistical analysis techniques that you can use. Did the best according to what?

IT 317
article thumbnail

Mosaic builds a global IT foundation for growth

CIO Business Intelligence

Its Azure data lake, dubbed The Global Mosaic Information Center, unifies sales data globally to facilitate more substantive business analysis and forecasting instead of basic functional reporting out of each location as had been the case previously.

article thumbnail

The Magic of Universal Analytics: Strategy, Tactics, Implementation Tips

Occam's Razor

In a Q&A after a keynote a couple of years ago, I was asked: " When will traditional business analysis subsume the web analytics silo? " " My reply: " All business will ultimately be digital, so, if anything, web analytics will subsume business analysis! " Business analysis.

Strategy 153
article thumbnail

How Data Analytics Is Revolutionizing The Future Of eCommerce In 2020

Smart Data Collective

This functionality not only will reduce manual calculation errors, but it will provide valuable data for business analysis. All software will require some degree of customization, but to control costs and speed time to ROI you want to minimize the amount of customization that’s necessary. Types of B2B eCommerce solutions.

B2B 135
article thumbnail

Human-centered design and data-driven insights elevate precision in government IT modernization

IBM Big Data Hub

This strategy is not based on a “gut feel” or anecdotal knowledge of a few individuals, but on a well-documented, expansive set of findings, business analysis and calculated projections. This approach also provides a framework that is fully transparent and traceable to the source of every finding and decision.