1
Analytics Incubator Build, pilot, and test Design and build approved solutions, which are deployed across a subset of the business. The team tests, learns, and refines the solutions before scaling more broadly. Validate 3 Candidate solutions are implemented in a small-scale environment, which enables quick evaluation and tweaking. The goal is to rapidly evaluate validity and potential value of analytic solutions and insights. Initial proof of concept LESS THAN 90 DAYS Test 2 Rapid solution discovery LESS THAN 30 DAYS Explore One or more potential high-value analytics opportunities are identified. A cross-functional team prioritizes and evaluates potential solutions to determine which ones are candidates for investment—and the incubation process begins. 1 Adopt across the enterprise The team evaluates the value generated by each pilot to determine whether a solution should be abandoned or adopted. Approved solutions are refined and deployed across a specific business function or throughout the enterprise. Scale 4 Test, Innovate, Learn Adopted Solutions Potential Solutions DELOITTE INCUBATION PROCESS PREDICTIVE DIGITAL DRIVERS MARKET SHARE DRIVERS PRODUCT INNOVATION SUCCESS SAFETY & EXCESS INVENTORY PREDICTIVE DIGITAL DRIVERS CUSTOMER SERVICE MARKET SHARE DRIVERS COMPETITIVE ANALYSIS SKU RATIONALIZ- ATION CATEGORY ANALYTICS CUSTOMER SERVICE ANALYTICS BRAND STRENGTH CUSTOMER PROFIT- ABILITY PRICING ANALYTICS DEMAND GENERATION ANALYTICS BRAND STRENGTH About Deloitte This publication contains general information only and is based on the experiences and research of Deloitte practitioners. Deloitte is not, by means of this publication, rendering business, financial, investment, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Deloitte, its affiliates, and related entities shall not be responsible for any loss sustained by any person who relies on this publication. As used in this document, “Deloitte” means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Copyright © 2015 Deloitte Development LLC. All rights reserved. Member of Deloitte Touche Tohmatsu Limited TEST FAST. BUILD SMALL. SCALE FAST. Waiting on ROI. It’s an all-too-familiar position for many companies. Millions of dollars are invested in Enterprise Resource Planning (ERP) and legacy technologies to improve reporting and aid decision-making, but tangible value has yet to materialize. Many companies find it difficult to justify a move into big data and analytics. Leadership could ask, “Where is the value? And when will we see it?” Deloitte’s Analytics Incubator helps risk-wary businesses answer these questions in a strategic, cost-effective manner. Here’s how the four-step incubation process can decrease the time to value.

Analytics Incubator - Deloitte United States · Analytics Incubator Build, pilot, and test Design and build approved solutions, which are deployed across a subset of the business

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Page 1: Analytics Incubator - Deloitte United States · Analytics Incubator Build, pilot, and test Design and build approved solutions, which are deployed across a subset of the business

Analytics Incubator

Build, pilot, and test Design and build approved solutions, which are deployed across a subset of the business. The team tests, learns, and refines the solutions before scaling more broadly.

Validate3

Candidate solutions are implemented in a small-scale environment, which enables quick evaluation and tweaking. The goal is to rapidly evaluate validity and potential value of analytic solutions and insights.

Initial proof of concept LESS THAN 90 DAYS

Test2

Rapid solution discovery LESS THAN 30 DAYS

Explore

One or more potential high-value analytics opportunities are identified. A cross-functional team prioritizes and evaluates potential solutions to determine which ones are candidates for investment—and the incubation process begins.

1

Adopt across the enterpriseThe team evaluates the value generated by each pilot to determine whether a solution should be abandoned or adopted. Approved solutions are refined and deployed across a specific business function or throughout the enterprise.

Scale4

Test,Innovate,Learn

AdoptedSolutions

PotentialSolutions

DELOITTE INCUBATION PROCESS

PREDICTIVEDIGITALDRIVERS

MARKET SHARE DRIVERS

PRODUCTINNOVATION

SUCCESS

SAFETY &EXCESS

INVENTORY

PREDICTIVEDIGITALDRIVERS

CUSTOMERSERVICE

MARKET SHARE DRIVERS

COMPETITIVEANALYSIS

SKU RATIONALIZ-

ATION

CATEGORYANALYTICS

CUSTOMERSERVICE

ANALYTICS

BRANDSTRENGTH

CUSTOMERPROFIT-ABILITY

PRICINGANALYTICS

DEMANDGENERATIONANALYTICS

BRANDSTRENGTH

About DeloitteThis publication contains general information only and is based on the experiences and research of Deloitte practitioners. Deloitte is not, by means of this publication, rendering business, financial, investment, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Deloitte, its affiliates, and related entities shall not be responsible for any loss sustained by any person who relies on this publication.

As used in this document, “Deloitte” means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

Copyright © 2015 Deloitte Development LLC. All rights reserved.Member of Deloitte Touche Tohmatsu Limited

TEST FAST. BUILD SMALL. SCALE FAST. Waiting on ROI. It’s an all-too-familiar position for many companies. Millions of dollars are invested in Enterprise Resource Planning (ERP) and legacy technologies to improve reporting and aid decision-making, but tangible value has yet to materialize. Many companies find it difficult to justify a move into big data and analytics. Leadership could ask, “Where is the value? And when will we see it?”

Deloitte’s Analytics Incubator helps risk-wary businesses answer these questions in a strategic, cost-effective manner. Here’s how the four-step incubation process can decrease the time to value.