Hear McKinsey & Company's Director Tim McGuire explain how big data analytics will change the future. “[Analytics] is going to define the difference between winners and losers in most of our industries going forward”, says McGuire.
The three key challenges that companies need to take into consideration are:
- Figure out what data you want to use, both internal and external data.
- Find the right modeling capabilities to be able to use the data.
- Use the data to transform the way the business operates.