Ungated Post | 26 Nov 2013

The Value of Signal (and the Cost of Noise)

The New Economics of Meaning-Making

This white paper describes the economic value companies can obtain by using “best in class” analytics to lower costs and improve revenues.

The 300 companies we surveyed told us they achieved a total economic benefit of roughly $766 billion over the past year based on their use of business analytics. They said that Big Data analytics investments yielded an average 8.4% increase in revenues and an average 8.1% improvement in cost reduction in the previous fiscal year.

The paper also includes a number of case studies, demonstrating how the wise use of analytics helps companies improve their services and boost their bottom lines.

Read the full report.

Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.

To find out more about our capabilities, contact:

Americas
Diantha Redd
+1 (646) 503 3052
Email

Asia Pacific
Peter Suomi
+65 6850 0110
Email

EMEA
Aoife Pearson
+44 (0)203 910 8054
Email

Related Services

Post

Generating ROI with AI: Six capabilities that drive world-class results

Generative AI has taken the business world by storm, with large language models (LLMs)—including OpenAI’s ChatGPT—splashed across the news. And executives aren’t immune to the hype. AI is becoming an ever-larger component of IT budgets, with worldwide spending on AI-centric systems expected to hit $154 billion this year—up 27% over 2022. But will enterprises spend these resources wisely? Our research says yes—if organizations take a disciplined approach.

Find Out More

Post

Deep Green

A global research study that details the current state of play on environmental sustainability actions and how data, technology and collaboration will drive the next phase of sustainability in business.

Find Out More

Post

Leveraging Technology to Promote Financial Inclusion

Oxford Economics and Red Hat surveyed executives at financial institutions internationally to discover how they are using technology to expand financial inclusion while gaining business benefits.

Find Out More