Your cross-divisional analytics team may be called many things, including a business analytics center of excellence or a business intelligence competency center. Regardless of what it is named, you will need to pick up your PACE (predictive analytics center of excellence) or be left behind.
To really see the benefits of analytics across your organization, it's vital to form a team with the right skill sets, which aren't all mathematical. Predictive analytics ultimately helps to grow revenue and cut costs, but it takes people, process, and technology working together to solve business issues and to help the businesses grow. That is exactly what an analytics center of excellence is designed to do.
But what is the right place for this group in your organization? Where should your analysts sit, and how will they interact with everyone across your organization? See the answer here:
Center of Excellence: Where Should Analytics Live?
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