The challenges posed by the modern economic and business climate mean that companies must be ready to cope with change. Change can affect business strategy, operations, marketing, technology and more.

Industry 4.0 and the Industrial Internet of Things (IIoT) promise to make more data and better analytic applications available for industry. Driven by high-powered analytics, including machine ...

In this information age, data is everywhere. How can we improve efficiencies and organize this information into useable nuggets? Plant and operations managers receive vast amounts of both structured ...

One challenge for the business process movement has always been the tradeoff between deep analysis and improvement-oriented actions. Process analysis—understanding and measuring a process and the ...

Process improvement is about identifying and addressing inefficiencies that waste resources and add cost. Analysis is carried out to determine which processes and process steps are value-adding or non ...

No matter the size or scope of an organization, there is little question that everyone wants to find ways to improve their performance. Baseball teams use sabermetrics; companies often use the stock ...

We are living in an increasingly interconnected world – not just in the number of digital devices, but also in how actions can have dozens, if not hundreds or more consequences that cascade through a ...

Data is everywhere, but how should you organize it, visualize it, and utilize it to solve problems and make data-driven decisions? This hands-on workshop will show you how to use Microsoft® Excel for ...

Over the past few years, I’ve devoted significant energy to speaking and writing about a data analytics methodology called DataOps, which recognizes analytics systems as manufacturing processes. The ...

In the ever-evolving landscape of modern business, the pressure to innovate is relentless. Organizations are constantly pushed to develop state-of-the-art products, services, and business models that ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amy is an ACA and the CEO and founder of ...