As analytics continue to grow in importance and impact within businesses, successful organizations must balance speed, automation and human involvement as they implement analytics solutions into their business processes, according to the International Institute for Analytics (IIA).
IIA, an independent research firm focused on guiding companies in the use of analytics, recently issued nine analytics predictions for 2014. For the third year, a panel of IIA faculty and leaders reviewed an extensive list of trends and identified the ones most likely to come into prominence in the analytics industry in the coming year. The nine predictions for 2014 are:
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