Seven ways Analytics can create value in an Organization:

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The value created by Analytics in an organization can be more than one and it depends on what an organization is trying to do with analytic’s – with that, Here’s the list that I compiled from my readings over the past few weeks:

  1. Increases revenue
  2. Creates strategic advantage
  3. Improved decision making (And increasing the speed of decision-making)
  4. Generates innovative insights
  5. Increases productivity
  6. Increases margins
  7. Reduces operational costs