Gartner Research

Precision Is the Future of Analytics

Published: 11 February 2013

ID: G00245418

Analyst(s): Kurt Schlegel

Summary

Gaining a competitive advantage through analytics will mean that organizations will have to create more precise systems for measurement, classification and decision support. These more exact analytical systems will enable more personalized business processes across all vertical industries.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Bolster Your Organization's Ability to Estimate Continuous Variables and Classify Categorical Variables
  • Forecasting and Estimation Capabilities Should Evolve
  • Evolve Classification Capabilities to Enable More Granular Segmentation

Case Studies

  • High-Volume Forecasting at California Independent System Operator (ISO)
  • Granular Segmentation at Progressive Insurance

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