A Step-by-Step Plan for Getting Your Company Started with Predictive Analytics – Part 2

Summary:  Over 80% of companies are not yet using advanced analytics.  Here’s a step-by-step plan to implement a brand new predictive analytics program getting the biggest bang for your buck from the most cost effective investment.  Part 2.

In Part 1 (link here) we covered our fundamental strategy for getting started.  That is to find a single skill set your initial team can focus on to create fastest returns.  We suggested that was Predictive Modeling and laid out four steps for implementation of that Phase 1.

Here in our final Part 2 we show the remaining four phases and lay out an implementation sequence and rationale for following this path.