Building a Fact-Driven Enterprise

I've got an article up at MyCustomer.com which reviews some of the interesting pieces available to organizations who want to compete on analytics:

Because of the importance being placed on analytics, it’s no wonder that the noise from technology vendors can be deafening. The sheer volume of players can complicate the technology selection process and mask the best practices around building and deploying analytics in the enterprise. 'Pervasive analytics', 'prescriptive analytics', 'predictive analytics' and 'business analytics', all have the same stated benefits, so what makes them different? To make the right selection, it's important to understand the various technology options available and be able to separate the wheat from the chaff when it comes to how vendors market themselves.

Instead of focusing on marketing terminology, more light may be shed by breaking down the categories of vendors vying for the analytics pole position. These categories include statistics vendors, vertical application vendors, business intelligence (BI) vendors and visual analytics vendors. In the end, most organisations will likely find that some combination of these approaches will be optimal, as no single approach can solve all needs.

You can read the rest here.

 

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About Tim Wormus

In his role as an Analytics Evangelist for Spotfire, a division of TIBCO Software Inc., Tim Wormus is responsible for tracking and analyzing Analytics and Business Intelligence trends, as well as advocating their use and acceptance at Global 200 companies. Tim has published and lectured on analytics, including presenting an analytics tutorial at the Gartner Business Intelligence Summit and appearing on a panel with analytics guru Tom Davenport. His experience has led him to consult on data analysis projects for Global 1000 companies and instruct analysts in the life sciences, manufacturing and energy fields. He maintains a blog that discusses best analytics practices for organizations striving to be best-in-class. Before joining Spotfire, Tim managed the implementation and integration of bioinformatics software in the life sciences industry for Swiss software provider Genedata AG. Prior to that he developed informatics tools to address challenges in the drug discovery process. He earned degrees in Mathematics and Economics from Kalamazoo College, in Kalamazoo Michigan.
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