Key Thoughts:
Using a categorization levels helps us identified where we are in terms of sophistication and advancement with analytical capabilities(or degree of intelligence).
Summary:
SAS defines the level of sophistication as follows:0
1. Standard Reports - I think we are very familiar with these ones
2. Ad Hoc Reports - we do a lot of this, but then forgets to follow up. It also means disturbing our analyst to drop everything and tackle this for us.
3. Query Drilldown (or OLAP) - you can do some discovery on your own. We have build some of these in Excel.
4. Alerts - we are not there with this one
5. Statistical Analysis - this we need to learn in the upcoming Business Forecasting Masterclass
6. Forecasting - the hottest development in this market space. Dare we be laid back and not find out more.
7. Predictive Modeling - the holy grail of analytics?
8. Optimization - Go one better than predictive.
My Comments:
The levels to achieve if we want true business intelligence. Go to the link and contemplate the questions and example given for each question for a true review on the state of analytics in your area.
Reference: http://www.sas.com/news/sascom/2008q4/column_8levels.html
p.s. you'll need to register to sas.com to access the page
Posts
2 comments:
Hi Mick. I'm glad you found this article useful. It was based on a slide SAS executives use to describe the benefits of analytics.
You shouldn't have to register to view it. White papers and Web casts require registration but not sascom articles.
-Alison (editor, sascom magazine)
Thank you Alison!
I think I must have confused myself because I was clicking a lot of links at the same time from the enews email.
We will map our current status to understand where we are.
We are starting our SAS FM module in December :)
Cheers
Mick
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