Analytics Magazine Analytics Magazine, July/August 2014 | Page 69

achieve additional gains. However, for many business processes, there is eventually a point of diminishing returns: The calculations may become more detailed and precise, but the end results are no more accurate or valuable. Using analytics leads to better auditability and accountability. With the use of analytics, the decision-making process becomes more structured and repeatable, and a decision becomes less dependent on the individual making the decision. When you change which people are in various positions, things still happen in the same way. You can often go back and find out what analysis was used and why a decision was made. … Dr. Brenda L. Dietrich is an IBM Fellow and vice president. She joined IBM in 1984, and during her career she has worked with almost every IBM business unit and applied analytics to numerous IBM decision processes. She currently leads the emerging technologies team in the IBM Watson group. For more than a decade, she led the Mathematical Sciences function in the IBM Research division, where she was responsible for both basic research on computational mathematics and for the development of novel applications of mathematics for both IBM and its clients. In addition to her work within IBM, she has been the president of INFORMS, the world’s largest professional society for operations research and management sciences. An INFORMS Fellow, she has received multiple service awards from INFORMS. Dr. Emily C. Plachy is a distinguished engineer in Business Analytics Transformation at IBM, where she is responsible for leading an increased use of analytics across IBM. Since joining IBM in 1982, she has integrated data analysis into her work and has held a number of technical leadership roles including CTO, process, methods, and tools in IBM Global Business Services. In 1992, Emily was elected to the IBM Academy of Technology, a body of approximately 1,000 of IBM’s top technical leaders, and she served as its president from 2009 to 2011. She is a member of INFORMS. Maureen Fitzgerald Norton, MBA, JD, is a distinguished market intelligence professional and executive program manager in Business Analytics Transformation, responsible for driving the widespread use of analytics across IBM. In her previous role, she led project teams applying analytics to IBM Smarter Planet initiatives in public safety, global social services, commerce and merchandising. Norton became the first woman in IBM to earn the designation of Distinguished Market Intelligence Professional for developing innovative approaches to solving business issues and knowledge gaps through analysis. Note: This article is adapted from the book, “Analytics Across the Enterprise: How IBM Realizes Business Value from Big Data and Analytics,” authored by Brenda L. Dietrich, Emily C. Plachy and Maureen F. Norton, published by Pearson/IBM Press, May 2014, ISBN 978-013-383303-4, ©2014 by International Business Machines Corporation. For more information, visit: ibmpressbooks.com. Request a no-obligation INFORMS Member Benefits Packet For more information, visit: http://www.informs.org/Membership A NA L Y T I C S J U LY / A U G U S T 2 014 | 69