Transitioning from Business Insights to Business Optimization
Here are the actions to transition from Phase 2: Business Insights to Phase 3: Business Optimization:
- Evaluate the customer, product, and operational Analytic Insights uncovered in the Business Insights phase for business and operational relevance based upon the Strategic, Actionable, and Material value of those insights with respect to the business and operational objectives of the top-priority use cases.
- Develop Prescriptive and Preventative Analytics (preventative analytics are analytic outcomes that provide the analytic insights necessary to prevent an action or event from happening) in order to deliver actionable recommendations and propensity scores in support of the business and operational stakeholders' key Decisions with respect the top-priority business and operational Use Cases.
- Deploy a Data Lake with full data management capabilities (indexing, cataloging, metadata enrichment, governance...