Seven ways Analytics can create value in an Organization:

The value created by Analytics in an organization can be more than one and it depends on what an organization is trying to do with analytic’s – with that, Here’s the list that I compiled from my readings over the past few weeks:

1. Increases revenue

2. Creates strategic advantage

3. Improved decision making (And increasing the speed of decision-making)

4. Generates innovative insights

5. Increases productivity

6. Increases margins

7. Reduces operational costs