These multi-billion-dollar corporations collect and analyze massive troves of data to make core business decisions rather than “going with gut.”
The result? High operational efficiency, improved customer satisfaction, risk management, huge profit and magnificent revenue levels.
So, my fellow business executives, running a business on gut feeling or imitating other competitors no longer suffices.
It’s time to play a Big Game – Use Applied Business Statistics Methods to Analyze your company’s Big Data and make strategic decisions.
You can’t afford not to be data-centric in your business decisions when you’re sitting on piles of data. These are the stories that your potential customers are trying to tell you.
Applied Business Statistics helps c-suite executives to analyze Big Data more efficiently.
Organizations that use applied business statistics approaches to business analytics are 23x more likely to acquire new customers, 6x more likely to retain those customers, and 19x more likely to be profitable.
Gaining a firm understanding of Applied Business Statistics is one of the first steps to unlocking the power of business analytics. With this knowledge, you can make sense of your data, project future outcomes, make more informed decisions, and eventually generate humongous profits like mega corporations.