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[1] Business analytics (BA) refers to the skills, technologies, practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods.
Michael Eugene Porter (born May 23, 1947) [2] is an American businessman and professor at Harvard Business School. He was one of the founders of the consulting firm The Monitor Group (now part of Deloitte ) and FSG, a social impact consultancy.
Porter's four corners model is a predictive tool designed by Michael Porter that helps in determining a competitor's course of action. Unlike other predictive models which predominantly rely on a firm's current strategy and capabilities to determine future strategy, Porter's model additionally calls for an understanding of what motivates the competitor.
Business analytics (BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods .
Writing for the Harvard Business Review, [10] Davenport provides a summary of the three analytics maturity levels of any organization. Analytics 1.0 organizations are those where management has acquired the ability to rely on internal data for decision making, rather than mere intuition.
Michael Martin Hammer (April 13, 1948 – September 3, 2008) was born in Annapolis, Maryland. Hammer was a Jewish-American engineer, management author, and a former professor of computer science at the Massachusetts Institute of Technology (MIT). Hammer and James A. Champy founded the management theory of business process reengineering (BPR). [1]
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Maximo is enterprise asset management software originally developed by Project Software & Development (later MRO Software) with the first commercial version released in 1985. [2] [3] Purchased by IBM in 2006, it was branded as IBM Maximo Asset Management. With the release of version 8 in July 2021 the product was renamed to IBM Maximo Manage. [4]