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Implement GPS not Analytics in your organization

Your organization has invested heavily in sophisticated analytics and BI technology, but are you using the power of analytics to the full extent? While you try to answer the question, compare your analytics solution with GPS.

1. Turn by turn direction

GPS provides turn by turn directions to reach your destination. You simply enter the destination and hit Go. After this, GPS takes care of making sure you reach the destination. Similarly, An Analytics solution should offer easy to follow direction at each decision point. If your analytics solution merely presents post event analysis of wrong decision taken and recommends the decision you should have taken, then the solution is partially effective.

2. Personalization

GPS takes your personal preferences into account for providing directions. For instance, if you prefer to avoid toll roads even if it results in longer route, the GPS should consider this preference for suggesting route. In business scenario, your analytics engine must make sure the recommendations you get are personalized. As an example, if your organization prefers to take less risky and more compliant route even if it means compromising bottom line, Analytics solution should suggest choices that are more compliant to your policy.Self-Correction - When you take a wrong turn, GPS quickly adjusts the route and shows new direction to reach your destination. In the same way, analytics solution should also auto adjust itself and give options to take corrective measures if you have taken wrong decision.

3. Connecting with external environment

GPS can alter route based on real-time traffic updates. So, if the traffic is expected to be high on the best route, GPS can suggest alternate route to take you to your destination faster. Likewise, Analytics solution should also be able to change recommendations in real-time based on external information such as economy and external sentiments.

4. Futuristic

Tracking future of GPS technology can help you gain key insights into the future of analytics. Clearly, a Futuristic GPS with ability to sense external and internal conditions such as traffic updates, road blocks etc can assist in developing a car with auto driving capability i.e. no human intervention. Similarly, Futuristic analytics solution should allow you to put your organization into auto driving mode with little or no human intervention required.

5. Pervasive

GPS should not be optional technology; all cars should be pre-installed with GPS. Hence, you should not limit the use of analytics solution to the power users in your organizations. In fact, Power of analytics must be put in the hands of every employee of the organization.


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