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The impact Advanced Analytics will have on a company depends on which layers of analytics it has.
Let's look at the four layers of analytics and their definitions to determine which layers are inside your company.
Descriptive Analytics
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Reactive reporting.
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Focus on data, precision, and consistency.
Analytics Diagnosis
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Proactive reporting for decision-making.
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Trend analysis and market benchmark.
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Customizable.
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Self-Service dashboards.
Predictive Analytics
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The solution to business problems from a statistical point of view.
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Identification of actionable solutions.
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Integrated data.
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Development of predictive models.
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Scenario planning.
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Data governance.
Prescriptive Analytics
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Fully automated solutions throughout the life cycle.
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Complete integration with all the areas involved: Business, Technology, etc.
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MLOps scheme for development, maintenance, and monitoring of analytical solutions
Download the Advanced Analytics eBook:
From AI to Z, an executive guide for today's leaders looking for business insights.
Understand the fundamentals of Advanced Analytics in "Data-Driven" companies, how it can add value to business strategies, and the most common use cases being applied by leading companies in major industries.
