SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Serving Customers Better With Analytics

Rapidly changing consumer demands are becoming one of the major concerns of the financial institutions. Analytics is the technology which can be adopted to address this need. With evolving customer expectations, analytics solutions, too, have adapted, but the question under consideration is whether the banks are prepared to adopt and benefit from the next-generation analytics solution. As viewed by Thomas H. Davenport, evolution of analytics is a three-stage process of which Analytics version 3 is the latest generation which merges qualities of previous technologies and focuses on prescriptive analytics. Based on the data collected, Analytics 3.0 will enable the financial institutions can create tailor made services for customers. However, to fully reap the benefits, the institutions have to make sure that the right technologies and practices are in place. Read More at: http://internationalbanker.com/banking/are-banks-ready-for-next-generation-analytics/

Rate this blog entry:
Latest Revolution In Big Data Analytics- An insigh...
Expansion Of E-Commerce, A strong Threat For Exist...

Related Posts

 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Monday, 24 June 2019
If you'd like to register, please fill in the username, password and name fields.

Sigma Connect

sigmaway forums

Forum

Raise a question

Access Now

sigmaway blogs

Blogs

Blog on cutting edge topics

Read More

sigmaway events

Events

Hangout with us

Learn More

sigmaway newsletter

Newsletter

Start your subscription

Signup Now

Sign up for our newsletter

Follow us