Business analytics and optimization: Ideas
Enterprise operations meet new intelligence Success with business analytics requires more than the data and algorithms. It requires a company culture committed to using information for breakthrough ideas and operations.
A new paper from IBM, "Breaking away with business analytics and optimization: New intelligence meets enterprise operations", reveals three ways that the most successful companies are taking action when they deploy business analytics.
Business Analytics and Optimization for the Intelligent Enterprise
Despite today's information explosion, business leaders are actually operating with bigger blind spots. According to a recent IBM Global Business Services survey of 225 business executives, one out of every three is making major decisions with incomplete or untrustworthy information.
But they can't fall back on traditional methods of decision making. Experience and intuition aren't sufficient when confronting the far-reaching changes driven by macroeconomic upheaval and the familiar forces of a world shrinking and flattening. Executives recognize that new analytics capabilities, coupled with advanced business process management, signal a major opportunity to create business advantage. Those who have the vision to apply new approaches are building intelligent enterprises positioned to thrive.
Understanding consumer patterns and preferences in multi-channel retailing
This survey of over 5,000 consumers in the U.S. and the UK answers many questions retailers need to consider when evaluating multi-channel initiatives
Healthcare in India: Caring for more than a billion
India's healthcare system faces considerable challenges, including quality of care, rising costs, and insufficient access for many citizens, but has the opportunity to avoid many of the problems faced by other developing countries by transforming health care financing, quality and delivery.
Where there's smoke – Achieving safe and reliable operations with enterprise risk management
Chemical and petroleum companies often view risk management through a limited health, safety and environmental lens, but an IBM Institute for Business Value study reveals a distinct correlation between integrated risk management and market performance.
The Smarter Supply Chain of the Future – Global Chief Supply Chain Officer Study
Cost and currency fluctuations, supply chain disruptions, transportation capacity constraints and production recalls. As a Supply Chain Executive, you must handle all of this volatility, and more, in a transparent manner. If you don't – if there is even one misstep – your whole Supply Chain and its extended network can be brought to an abrupt halt.