How often to I go on about value from data – so this is a little self-justification post based on a report that backs my opinion, so I must be right! :) Source: MIT SMR or IBM 2011 Analytics Study of 4,500 executives The global survey of executives, managers and analysts, released by MIT Sloan Management Review and the IBM Institute for Business Value, finds the information ‘haves’ — companies with in-depth experience with analytics technologies and methodologies — increasingly saw competitive advantage, and were more than twice as likely to have outperformed their analytically challenged peers over the past year. However, there is still much, much work to be done. The study found that the majority of organizations are using analytics to manage financial and operational activities, but are less likely to rely on analytics-based insights for decisions in other key areas. Tellingly, only about half of the advanced ...