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Best Practices in Data Analytics: How Organizations Realize Value from Analytics
Richard Hackathorn
May 20, 2020
This study profiles the best practices of organizations that have successfully applied analytics to their businesses. The objective is to help business and technical managers understand current best practices for delivering analytics that generate value.
We conducted interviews with three organizations across different industries to learn best practices for how analytics contributes to business value and to synthesize these practices into a set of value drivers. The results suggest that executives should create an analytic value strategy to manage the business value for their analytic systems.