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by SPSS Inc. Worldwide Headquarters
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Published on: February 20, 2009
Type of content: WHITE PAPER
Format:
Unknown
Length: 7 pages
Price: FREE
Overview:
When it comes to organic growth, is your organization acting like a true predictive enterprise? Are you driving better decisions through the widespread use of insights gathered from data? Do the actions you take today directly achieve your organization's goals tomorrow? Increasingly, organizations in virtually every industry around the globe, are realizing the benefits of using data to modify their interactions across customer touch points to better align with future objectives. By incorporating predictive analytics, these organizations have harnessed the power of data-driven insights to make improved decisions, so that they can successfully meet their business goals.
In a landscape that demands growth, the issue becomes predicting how and where it will be achieved. Growth, at its most basic level, comes from customers, and organic growth is defined by Investopedia as "the growth rate that a company can achieve by increasing output and enhancing sales" (this excludes any profits or growth required from takeovers, acquisitions, and mergers). Collecting the best data available and then incorporating that data using a predictive analytic strategy will add to understanding how customers behave and where profits can be best earned.
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