CIOs Need Predictive Analytics to Excel
ROI Driver
By 2017, organizations which use predictive business performance metrics will increase profitability by 20%.
Amazing Feat
Within the same time period, 60% of organizations will perform at least one effort which is currently considered “revolutionary” and “unimaginable.”
Known Commodity
71% of business and IT leaders understand which key performance indicators (KPIs) are critical in supporting business strategies.
Out of Reach
Only 48% can access metrics which will help them comprehend how their work contributes to the key KPIs.
Agenda Leader
By 2015, CEOs will consider digital process reinvention as a top three priority.
Best Practices: Start With Business
Recognize that responding to rapid change begins with understanding your organization’s future strategic needs, as opposed to going out and buying a bunch of new technology or hiring a bunch of people to fill IT vacancies.
Best Practices: Step Back.
Re-evaluate the usage of “lean” or six sigma methodologies, because these can sometimes stifle the dynamic business innovation needed to compete today.
Best Practices: Embrace Intelligent Business Operations (IBOs)
These technologies can compress insight-to-action cycle turnover from days to minutes.
Best Practices: Take Chances
Reinvention is not a scripted, straightforward journey. You and your IT teams need room to experiment in translating insights to optimal business action.
