When 2 seconds is too late: Operational analytics combined with new big data technologies
Big Data is finding a role in managing business performance, as operational analytics combine with new big data technologies to get better insights, fast enough to make better decisions. Automated control systems driven by digital data and dashboard decision-making based on consumer-generated data can be used to keep organisations ahead of the game. The importance of “fresh” data – data that is reflected in decisions within a second – is now leading to new ways of measuring and managing business performance.
How successful organisations are using new tools and technologies to manage and improve performance is presented in the world’s largest study into business performance, which was completed recently. This study is based on insights from over 3,000 companies from across the globe and provides an overview of the current state of play, such as what tools are being used. The author of the study, Bernard Marr of API…
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