NueString

Changing Paradigms

Instinct has its place in business, but no one can guarantee that all of their employees have good instincts all of the time. For this reason companies have gone to great expense to gather and warehouse as much data about their company, customers and competition as possible. To report on that data, these same firms have invested even more money in Business Intelligence systems.

At first glance, these investments make sense. The more you know about your business the better you can measure whether your instinct is pointing you in the right direction.

There is one problem with this. Business Intelligence systems base all  of their metrics and measurements on the past.

You wouldn't drive your car by only looking in the rear view mirror, so why would anyone try to run a company by only looking at the past.

Stop predicting the past and start predicting the future.


 

TBI vs PA5

                                   

Predictive Analytics help the Mobile Network Operators look forward. Leverage sophisticated statistical models. Test strategic and tactical options using current and historical data. Account for the risk associated with probable future events and/or circumstances.

 

Lady@building

WHAT THE EXPERTS SAY

A number of European mobile operators will increase the wholesale prices (IOTs) that they charge non-European operators whose customers roam onto their networks

This is to offset the loss of revenues resulting from the new European price caps. On average, retail prices are set 20% above the wholesale rate.

 

(Global Mobile Roaming, Informa Telecoms & Media, 2007)