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

The Relevance of Silver in a Global Multi-Asset Portfolio

This study examines whether silver should be viewed as a distinct asset class that warrants a strategic investment allocation within an efficient multi-asset portfolio.

Find Out More

Post

Achieving data-led innovation for the modern supply chain

A persistent pandemic, economic uncertainty, and a global geopolitical conflict continue to dominate headlines and fuel Chief Supply Chain Officer (CSCO) frustrations. Navigating uncertainties—and managing supply chain challenges accordingly—has out of necessity become a top business priority for boards and C-suites alike.

Find Out More

Post

The Economic Impact of Drax Group in the U.K., U.S. and Canada

This study investigates Drax Group’s economic impact in the U.K., U.S., and Canada. It considers Drax’s own operations, the economic activity supported by its procurement spending and the impact of the wage payments to employees. We also consider the social value delivered by Drax Group.

Find Out More