Predictive analytics holds the promise of making your organization smarter, more nimble, more competitive, and ultimately, more profitable. But in between deciding predictive analytics can help your organization achieve any one (or several) of these objectives, and realizing these results, there are a series of decisions that can better ensure success, or, potentially derail your initiative.
Our award-winning professional services team has developed 5 tips that will help you better maximize your chances of having a successful predictive analytics project. Here’s a quick list of those 5 tips:
- Set a clear, meaningful goal
- Know the difference between insights and action
- Build measurement into the plan
- Prepare to be cross-functional
- Focus on deployment