Companies who use advanced analytics are 2X more profitable (Bain & Company research)

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The Amount of Data in the World is Exploding

By 2020, the world will experience

amount of data

number of smartphones

%

the growth of M2M transactions

number of M2M devices

Source: EMC^2; Redwood Capital, M2M Sector Review. M2M = Machine to Machine transactions

How to harness the data – example tools

A/B Testing

Big Data Clusters

Big Data Trending

Bottleneck Analysis

CHAID / Decision Tree Analysis

Classification

Cluster Analysis

Customer Scoring

Data Integration

Kanban (Pull System)

Network Analysis

Optimization

Pattern Recognition

Regression

Root Cause Analysis

Sentiment Analysis

Simulation

Statistics

Stochastic Analysis

Stochastic Process Modeling

Text Mining / Text Analytics

Throughput Analysis

Time Series Analysis

Value Stream Mapping

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