Data: How Organizations Can Power Outcomes Through Analytics

Digitalist

Hello. This is your daily Digitalist insight, brought to you by SAP. To build on yesterday’s briefing about the power of data in government, today we will discuss how governements and other organizations can power similar outcomes through analytics. In order to realize outcomes that benefit an entire society as a whole, you need to have good intentions and a great investment in the new kinds of data management and analytic solutions. Specifically you will need… total transparency and elimination of data silos… the ability to attain instant - data-driven insights,… and the ability to visualize new outcomes for society. To achieve total transparency, you’ll need: real-time, 360-degree reporting without data duplication; a single, unified reporting environment; content from different business areas aligned on a single semantic model; scalability – for up to thousands of models; and tools to measure outcomes and engage citizens. Similarly, to gain instant, data-driven insights, you’ll need: the power to answer ad hoc questions on the fly; tools to analyze root causes and identify risks and opportunities to improve the community; simulations of the impact of potential decisions on operations, programs, and budgets; and the ability to leverage new insights to execute on policy objectives. Lastly, in order to visualize new outcomes for society, you will need: to invest in ways to empower policymakers and analysts with better data access and deeper, real-time insights; the ability to sense, predict, and act in real time to protect citizens from security threats, health hazards, and natural disasters; and the ability to anticipate and drive better policy outcomes with predictive analytics. So, where do you see opportunities to harness your data to solve problems and identify new opportunities? So much is possible through the application of new data management and advanced analytics . That’s our daily briefing, tune in tomorrow for more business ideas on the latest technology and trends, on the Digitalist flash briefing brought to you by SAP.