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There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnosticanalytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable.
Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. Benefits: The combination of strategic benefits (e.g., cost reduction).
Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics. Five years ago they may have. But today, dashboards and visualizations have become table stakes.
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