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Advanced Analytics
Insight from an Industry Expert
In a recent well written article by Keith M. Higdon entitled “Understanding the Data Life Cycle for the Effective Analysis of Risk”, Mr. Higdon does a great job of defining the steps that take you from data source to actionable insight.
Business Analytics Defined
In a recent Information Management article on Business Analytics Jane Griffin of Deloitte Consulting LLP provides her definition of the term. She breaks Business Analytics into four disciplines: analytics, performance management, business intelligence, and data management.
Advanced Analytics and the Insurance Industry
Advanced analytics covers a broad spectrum of analytical techniques leveraging traditional business intelligence, predictive analytics and visualization. Text analytics is a growing piece of the advanced analytics spectrum. I saw a great article from Frank J. Coyne, Chairman, President and Chief Executive Officer of ISO. Mr.
Text Analytics and Enterprise Content Management
As text analytics gets more attention, one area that I would expect to see discussed more is Enterprise Content Management (ECM).
Evolving enterprise strategies and architectures
Emerging Web 2.0 capabilities align very closely with mounting enterprise issues; and it's changing the way that knowledge workers interact with information and one another. Web 2.0 and advanced forms of analytics support the most compelling challenge facing the 21st century Enterprise; the need to create sustainable competitive advantage. New forms of innovation and the speed of that innovation are the keys to creating that competitive advantage.