It's a very simple representation of how the benefits of Analytics can affect the business growth, even though the business is performing without it.
See my other articles attached in my profile as well.
Multiple time frame trading analysis -brianshannon.pdf
How BI and Advanced Analytics Drive Business Growth
1. • Longer time to get the
processed data.
• Limited, fixed and standard
formats.
• Limited insight and delay.
• Looking for the missing data
takes further more time.
• Finding Upselling and Cross-
Selling takes more time.
• Limited drill-down in the
data.
• Prediction is purely based on
instinct.
Introduced BI Tool
Introduced Advanced
Analytics
• Gain new insight faster.
• Better monitoring and
decision making with large
data sets on daily basis.
• Find missing information
faster.
• Find Upselling and Cross-
Selling Opportunities.
• Improved efficiency - saving
time and money.
• Know customer behaviour.
• Find the reason of any
negatives quickly.
BusinessGrowth
Along with all the
advantages of faster and
powerful analytics, we can
now do predictions based
on various insights of the
business, and can be
prepared.
Expand the horizon for
exploring more insight
with processing Big Data
and very advanced
statistics.
Why
Analytics
and to
what level
Novoniel Deb
Using reports and Excel
charts