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Analytics competitor

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Analytics competitor
Introduction Analytics competitors are define as strategic technique used to evaluate outside competitors. The analysis seeks to identify weaknesses and strengths that a company's competitors may have, and then use that information to improve efforts within the company. An effective analysis will first obtain important information from competitors and then based on this information predict how the competitor will react under certain circumstances (http://www.businessdictionary.com)
All these things in a coordinated way, as part of a predominant strategy supported by top leadership and pushed down to decision makers at every level. People hired for their expertise with numbers or skilled to recognize their importance are equipped with the best evidence and the best measurable tools (http://hbr.org). Davenport 2006 article Thomas Davenport, Ph.D. world distinguished leader who has helped hundreds of companies rejuvenates their management practices. By combine his interest in research, teaching and business management. Davenport is a creator of several key business ideas including: competing on analytics, big data, knowledge management, human approaches to information management business process are just a few analytical approaches (http://keynotespeaker.com). Davenport believes that big data is here to stay whether or not large volumes of unstructured and multi-source data is. Davenport also provide the framework to guide managers in adopting an analytical and systematic approach.

How to become an analytics competitor In order to become a true analytical competitor one must use data analysis to compress maximum value from their businesses processes by motivating new competitive advantages. Most establishments use business intelligence to support decision making. Other companies use business intelligence all over the place. This will help create a new approach on analytical capability. By doing this it will allow

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