Friday, April 25, 2008

Evidence-based Enterprise Business Analytics Model: Turning Around in a Quarter




Companies can implement in 90 days a fixed cost and evidence-based decision making systems that would allow them to become flexible in this economic climate. Science and technology has improved to such a degree in the last three years that companies can use off-the-shelf software to do business analytics which used to be reserved to a few highly skilled professionals within an organization.

The diagram above represents an example of the architecture for an enterprise business analytics module in the healthcare and biotechnology industries. This same business analytics module can be used in any industry or company. Small and medium sized businesses can implement this business analytics architecture using an analytics-as-a-service model. Large companies can implement the same model in-house.

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