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How can companies determine who are the most profitable customers and then follow up with them? |
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Definition
Collect and Analyze Customer Data |
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What are processes needed to generate, capture, codify and transfer knowledge across the organization to achieve competitive advantage? |
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What are a set of technologies and processes that use data to understand and analyze business performance? |
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What is the use of quantitative and predictive models, algorithms, and evidence-based management to drive fact-based decisions? |
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What is knowledge that is teachable, simple and documented? |
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What is knowledge that is complex and undocumented? |
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What is to represent knowledge for easy access and transfer? |
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What are the following the four processes of?:
Generate
Capture
Codify
Transfer |
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Term
What organizational environment that creates and sustains the use of analytics tools? |
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Term
What is a workforce that has the training, experience, and capability to use the analytics tools? |
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Term
What category of Data Mining Tool answers this kind of question?:
Why is this happening? |
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What category of Data Mining Tool answers this kind of question?:
What if these trends continue? |
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Term
What category of Data Mining Tool answers this kind of question?:
What will happen next? |
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Term
What category of Data Mining Tool answers this kind of question?:
What is the best that can happen? |
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Term
What are the techniques and technologies that make it economical to deal with very large datasets at the extreme end of the scale? |
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