Nerd Stalker

Dr. Beverly Wright of aspirent Makes Six Predictions on the Future of Analytics By Dr. Beverly Wright Analytics have become an important part of the decision-making process for many companies in the past few decades, particularly with corporations using data assets as a core competency and point of origin. My work in the past few decades in the data and analysis field have brought forward six predicted trends to watch for in the near future: Companies articulate openly their need to shift their organizations culture to become more data-inspired in decision-making related to strategic and tactical decisions. Now it seems they’re starting to put initiatives in place to encourage this shift and move the environment along more quickly, with the hopes that this priming would help increase absorption and adoption of analytics solutions. With the dynamic shifts of data collection methods, types, and availability of data on consumers, machines, and just ab...

Josh Levy and Andrew Wells of Aspirent discuss steps for Analytical Tools selection By Josh Levy and Andrew Wells Data is quickly becoming a company’s most important assets. To monetize this asset, organizations leverage analytical tools that generate insights in order to gain a competitive edge in the marketplace. One issue that has plagued corporations for years is the lack of standards and methods around their analytical capabilities, one example of which is deciding which analytical tools to build deep competencies around. How can an organization gain efficiencies, reusability, and build deep common skillsets, if each group is using a different analytical tool? To make matters more confusing, analytical tools tend to proliferate within organizations at the intersection of market innovation cycles and underserved business groups. As the market innovates with new functionality, the business sees these new capabilities that provide deeper or faster analytical insi...