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For organizations to make the most of their data assets and create value, they need to consider how analytic talent is deployed and equipped to drive continuous improvements. As a result, many organizations have begun enterprise initiatives that focus on applying analytics to set future directions, survive in troubled economic times and identify opportunities that set them apart from competitors. But these initiatives need more than just technology. An enterprise strategy is required to coordinate and align key players. Analytic centers of excellence (CoEs) can do just that. This paper provides a comprehensive overview of the need, structure and benefits of establishing and analytic center of excellence. It discusses best practices and explores the various organizational aspects that should be considered to help effectively deploy analytics across your organization.
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