Eight Levels of Analytics Model by SAS

Eight Levels of Analytics Model by SAS

1. Standard Reporting
- Historical perspective
- Standard KPI or data parameters
- Focused on short term goals and objectives

2. Customized Reporting
- Flexible reporting
- Focused on problem solving
- Historical perspective

3. Drill down analysis
- Root cause analysis
- Stratification analysis
- Used extensively in DMAIC processes

4. Alerts and Notification
- Management by exception
- Pre-defined business process
- Real-time feedback

5. Statistical Analysis
- Correlation analysis
- Discriminant Analysis
- Regression Analysis

6. Forecasting
- Trends
- Pattern recognition
- Decision making capability

7. Predictive Modeling
- Prognostics
- Data driven decision

8. Optimization
- Enable innovation
- Continuous improvement
- Adaptive feedback

Reference: http://www.sas.com/news/sascom/2008q4/column_8levels.html