ANALYTIC AUDIT
Providing an Integrated View of Data, Analytics, and Requirements
Our analytic solutions are based the specific goals, objectives, and enterprise
requirements of your organization and industry. Our methodology focuses on identifying
the analytics that make the most optimal use of your data and then transforming
those analytics into metrics and alerts that drive your initiatives, improve targeted
business processes, and bring both top and bottom line benefits with a clear ROI
for your organization.
The Analytics Audit forms the core of our methodology. The audit focuses on two
key areas:
- Analytic
Requirements. What drives you or your customer’s business
and what are the analytics needed to address those drivers?
- Solution Requirements. What data (both the data itself as well
as the collection processes), metrics, and ongoing analysis and business automation
processes are required to deliver those answers?
Once this information is gathered and documented, an Analytics Roadmap that details
the implementation, presentation, and delivery of your analytics as well as a software
solution designed to meet those needs using the our Analytics Framework (PFA) is
developed.
What the Audit Does
The Analytics Audit gives you an integrated view of the analytics, data and requirements
you are using to drive the business process (or processes) being studied today,
and identifies how advanced custom analytics and real-time alerting can be used
to meet or exceed your business requirements, as well as the technology required
to accomplish this. The methodology we use is specifically designed to review existing
data flows, technical capabilities, and analysis processes. All inputs are fully
documented—ensuring a full picture of how operational data is used, what systems
are in place and used to understand business issues, as well as what types of analysis
are performed to understand key performance indicators such as sell-through rates,
inventory, logistics, performance, and transportation management.
How the Audit Works
The audit is based on the following methodology:
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- Determine your analytics baseline:
- Review existing data and data flows, technical capabilities, and analysis processes.
- Document all inputs in a baseline report to show a full picture of how you use your
data (such as operational, partner, etc.), what systems you have in place and use
to understand business issues, as well as what types of analysis you perform to
understand key performance indicators that drive your business decisions.
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- Perform a gap analysis between baseline and potential:
- Data Sources. Where is your data coming from? How is it being used today? What additional
data do you need?
- Partner Capabilities. What kinds of data do you receive from your partners? Is the
data clean? Is it provided on a timely basis? Can you work with your partner to
get more useful data?
- Metrics and Reports. What metrics and reports do you use today? Are there additional
reports or metrics that could be useful in order to optimize your business processes?
- Business Processes. What business processes do you have in place today? Are they
adhered to? Are you missing critical processes or process checkpoints?
- Business Rules and Alerts. Do you have a set of business rules that trigger alerts?
What are your notification, escalation, and resolution processes? Are there other
rules and alerts that could help you efficiently manage your business operations?
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- Develop Analytics Roadmap:
- Using the gap analysis and baseline, identify where analytics and real-time alerting
capabilities can be used to improve your business process.
- Document the infrastructure —in terms of technology, data collection and software—that
will make channels more efficient and effective.
- Provide a detailed ROI on each recommendation in the roadmap.
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- Leveraging the recommendations in the Roadmap, implement a PatternBuilders’ hosted
pilot implementation of the analytics road map developed on the PatternBuilders’
Analytics Framework.
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Navigation
- About Our Approach
- Services
- Analytic Audit
- Application Design & Development
- Solutions
- Healthcare
- Retail
- Other Industries
Links
In the News
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O'Reilly Webcasts
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From Our Blog
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McKinsey Study: Location, Location, Location, Part 2
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Analytic Audit
A great way to identify your sources of data and determine the best ways to use
and analyze them to maximize ROI.
Read more...
Recommended Reading
McKinsey Global Institute Study on Big Data
This study explores Big Data and analytics opportunities in terms of innovation,
competition, and productivity.
About Us
We provide analytic services and solutions that help organizations across industries
to understand and improve their operations. If you have a complex analytics problem
to solve we can help:
- We are analytic experts.
- We use our own development Framework.
- We believe that those closest to the problem should be given the tools to solve
it.