Wiley & sas business Series



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Big Data, Big Innovation full

   Optimization Services 
 Optimization support services close the loop by helping to drive con-
tinuous improvement. They focus on identifying potential improve-
ment opportunities and helping to maximize leverage of existing 
resources and/or assets. 
 Broadly, they focus on:
 

  Profi ling existing approaches 
 

 Identifying opportunities for improvement 
 

 Assisting with process and asset reengineering  
Technology support services in this context focus on profi ling  and 
improving the use of technology and data-related assets. Through profi l-
ing current usage patterns and identifying bottlenecks and ineffi ciencies, 
 * Defi ning the value, communicating the value, delivering the value, and measuring 
the value.


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B I G   D A T A ,   B I G   I N N O V A T I O N
they aim to help the organization uncover common usage patterns 
across individuals and groups and facilitate improvements. Common 
services include helping to rationalize and streamline data manage-
ment activities, benchmarking platform performance to identify and 
resolve bottlenecks, and identifying inappropriate or ineffi cient uses 
of technology. 
 Business support services aim to rationalize and streamline busi-
ness analytics processes. Through mapping and analyzing existing pro-
cesses across multiple business units, they aim to uncover best practices 
and replicate them across the organization. Common services include 
optimizing analytical processes (including information management, 
model development, and model deployment) and driving best prac-
tices in asset management. 
 Finally, capability support services assist by helping an organiza-
tion to mature its abilities and become more profi cient in business 
analytics. Through profi ling current competencies across the organi-
zation and linking these to an agreed strategic plan, they aim to help 
the organization defi ne specifi c actions to increase sophistication and 
experience in business analytics. Common services include facilitating 
mentoring plans and facilitating internal and external networking to 
promote cross-pollination of new ideas. 

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