Project Deliverable 1

Transforming a brick-and-mortar business to an e business is not an easy task. The first step in creating an e-business is to conduct a market research on the competition we need to gather information such as shipping costs, price points, web navigation shopping cart procedures, and alternate revenue streams. The next step would be to create a detailed business plan with sales projections, budgets, goals, and actions. The third step is creating a Domain name that reflects your business for example: UNFO.com/

In a world of many questions and so few options, Data Minders Business Research uniquely combines experience, analytical finesse and flexible thinking to fulfill any company’s specific business challenges. With an objective of meeting client’s needs, we know how to listen and how to discover the solutions businesses require to focus on their future.

In today’s companies, the analytics software plays the important role and guides the future activities to a great extent.

that each seat in the restaurant will require about 7 barrels of beer (best case scenario) per year.

Our Internet based company with the gross revenues of more than $35 million dollars per year. We are planning to merge with multinational company of equal size. Our company currently uses operational systems and relational databases but desire to expand into data warehousing. We will be integrating different technologies from different solution providers and incorporate industry best practices in connection with the development of technological system.

Evolent has a commitment in being able to compete on analytics as this is one of the key drivers of our business model. Thus, senior management is committed to have a consistent and global approach to analytics. There is a deep-rooted drive to collect data to continually build on information and how this affects the outcomes that can be obtained. The ability to predict what outcomes are needed based on captured historically and current data is essentially for the organization to contain costs and differentiate itself from the industry.

QLik – Based in Radnor, PA – Qlik’s Business Intelligence solutions allow the use of collecting real time data as well as data visualization and analytical processes. The platform can be tailored to a specific business function or industry for simplified customization. The platform does not require a data warehouse and can incorporate all of the user’s data into Qlik’s indexed data engine. It is a self-service analytics and visualization tool that simplifies data exploration for the novice to experienced users.

In Competing on Analytics by Thomas Davenport and Jeanne Harris, the pillars of analytic completion are stated as: “(1) analytics supported a strategic, distinctive capability; (2) the approach to and management of analytics was enterprise-wide; (3) senior management was committed to the use of analytics; and (4) the company made a significant strategic bet on analytics-based competition” (Davenport & Harris, 2007, pp. 511-512) . This section will describe Aramark’s position within these pillars.

Walmart is the biggest retailer in the world and handles more than one million customer transactions every hour and generates more than 2.5 petabytes of data storage (Venkatraman & Brooks, 2012). To put this into perspective, this data is equivalent to 167 times the number of books in America’s Library of Congress (Venkatraman & Brooks, 2012). So how can Wal-Mart use this massive amount of data and what useful information can this data provide? This paper will provide a brief overview of the importance of Business Intelligence (BI) and how the largest retailer in world, Walmart, is using it.

Competing on analytics is currently one of the most essential qualities for companies looking to gain a larger market share in their given industry. This is due to the fact that the easiest way for corporations to differentiate themselves from their direct competitors is to maximize efficiency through cohesive processes and decision making. Analytics is defined as, “The extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact based management to drive decisions and actions.” (Davenport, 2007, p.7) So in order for companies to compete on analytics they need to be willing to invest in the proper technologies that are able to compile all of this information and data into output that can be used

Part 2. How Business Analytics can be used to gain advantage in a competitive marketplace

Today, data is a growing asset that various businesses are having difficulty converting into a powerful strategic tool. Companies need help turning this data into valuable insight, which can diminish risk and enhance returns on investments. Companies are struggling to make sense and obtain value from their big data. Superior and reliable

Thanks to its line of businesses, Microsoft has a privileged position to compete on analytics: the company creates the products adopted by many other organizations to compete on analytics, to have access to vast amounts of data, to understand how to store,

IBM Cognos Analytics offers businesses a way to comprehend and manage data. While including distinct features that are visually appealing and allow for a simpler approach at organization. It synthesizes information by creating an experience that works parallel online or on mobile devices. IBM Cognos Analytics enables the user to rapidly locate, examine, formulate, and distribute insight. It provides simple intuitive interface, supports smart search works in context, and gives a personalized experience to the user. With this analytic approach, there is no need for deep knowledge in data sources. The experience is easy to endure. Additionally, Cognos Analytics assists in scheduling and alerts, and empowering

Distinctive Capability - ABC has a demonstrated capability to use analytics to create a competitive advantage from an investment management standpoint. Millions of data points must be continuously analyzed to ensure passive stock and bond investments, totaling in the trillions of dollars, are efficiently managed for performance and risk. On the client side the diverse business structures and the prior focus on efficient operations has to date limited ABC’s ability to build out a world class data analytics capability comparable to the one that exists on the investment side of their business.