Eight Levels of Analytics Model by SAS
1. Standard Reporting
- Historical perspective
- Standard KPI or data parameters
- Focused on short term goals and objectives
2. Customized Reporting
- Flexible reporting
- Focused on problem solving
- Historical perspective
3. Drill down analysis
- Root cause analysis
- Stratification analysis
- Used extensively in DMAIC processes
4. Alerts and Notification
- Management by exception
- Pre-defined business process
- Real-time feedback
5. Statistical Analysis
- Correlation analysis
- Discriminant Analysis
- Regression Analysis
6. Forecasting
- Trends
- Pattern recognition
- Decision making capability
7. Predictive Modeling
- Prognostics
- Data driven decision
8. Optimization
- Enable innovation
- Continuous improvement
- Adaptive feedback
Reference: http://www.sas.com/news/sascom/2008q4/column_8levels.html
1. Standard Reporting
- Historical perspective
- Standard KPI or data parameters
- Focused on short term goals and objectives
2. Customized Reporting
- Flexible reporting
- Focused on problem solving
- Historical perspective
3. Drill down analysis
- Root cause analysis
- Stratification analysis
- Used extensively in DMAIC processes
4. Alerts and Notification
- Management by exception
- Pre-defined business process
- Real-time feedback
5. Statistical Analysis
- Correlation analysis
- Discriminant Analysis
- Regression Analysis
6. Forecasting
- Trends
- Pattern recognition
- Decision making capability
7. Predictive Modeling
- Prognostics
- Data driven decision
8. Optimization
- Enable innovation
- Continuous improvement
- Adaptive feedback
Reference: http://www.sas.com/news/sascom/2008q4/column_8levels.html