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Information Bias: Paralysis by Analysis

Idea to Value

Sometimes, having more information will not make your decisions any better. Yet many people panic before making any decision, and want to keep gathering more data and information before they feel “ready” to make the correct choices. This is often referred to as analysis paralysis.

Analysis 154
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What is a Competitor Analysis? Definition, Examples, and Template

IdeaScale

What is a Competitor Analysis? Competitor analysis is defined as the process of identifying, analyzing, and evaluating the strengths and weaknesses of competitors in a particular market or industry.

Analysis 130
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What is Cost-Benefit Assessment: Exploring Cost-Benefit Analysis, Risk Assessment, and Their Distinctions

IdeaScale

Cost-benefit assessment, often employed through cost-benefit analysis (CBA) and risk assessment, serves as a cornerstone for informed decision-making processes. In the realm of decision-making, especially in business and economics, understanding the potential risks and benefits associated with any course of action is crucial.

Analysis 130
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Having more information will not make your decisions more accurate

Idea to Value

And usually this leads to advice about making sure you have enough information for a thorough analysis, weighing up all the factors before then being able to be confident in a decision you make. The problem is that research shows that having more information does not necessarily lead to better quality decisions.

Analysis 183
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How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.

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How Global Information Sharing Can Help Stop Cybercrime

Harvard Business Review

Information could come from government alerts, cryptocurrency analysis companies, platform providers, court records, and publicly available materials — anything the analysts can identify that might be relevant to understanding the entirety of the criminal ecosystem. At its core, the Atlas project is a database about cybercrime.

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Conducting A Strategic Analysis + 8 of The Best Tools To Use

Cascade Strategy

What is meant by Strategic Analysis? Strategic Analysis is the process of researching and analyzing the environment an organization operates in, as well as the organization itself in order to inform the strategy formulation process. Where does a Strategic Analysis Fit in the Strategy Management Cycle?

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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.

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5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".

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How ZoomInfo Enhances Your Database Management Strategy

It involves finding a data management provider that can append contacts with correct information — in real-time. Not just that, but also ongoing data hygiene efforts to keep the incoming (and existing) information fresh. It's quite a process for marketing teams to develop a long-term data management strategy.

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How to Transform Your Supply Chain: Digitization for Decision-Making

Speaker: Hannah Testani, CEO of Intelligent Audit

It’s common to run into data overload throughout this process, leading to disparate systems, information silos, and the inability to navigate external challenges. Data trend analysis and anomaly detection. Turning raw data into clean data. What KPIs are critical to measure in this new digital future.

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Fail Well, Pivot Fast: Product Experimentation for Continuous Discovery

Speaker: William Haas Evans - Principal Consultant, Head of Product Strategy & Design Practice, Kuroshio Consulting

The purpose and value of experimentation (from a scientific and product perspective) is to produce new information. It’s our way of intentionally managing through uncertainty — since, as Claude Shannon said, “the only resolution to uncertainty is information.” Good experiments generate insights (information).

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New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.