The Art of the PossibleShort Takes...on Analytics |
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Posted by JR Reagan, Principal, Deloitte & Touche LLP |
Business has changed, and there’s no going back. Big data is the catalyst, and businesses have to deal with it. Now. It’s not enough anymore to plug numbers into a spreadsheet or a BI tool. To understand and leverage the flood of data coming in, there’s a critical need to see it; see what it means; what it can do. In short, you need to use big data to see the art of the possible.
Most people can absorb complex information more easily if it is visual, rather than numerical. This is especially true with the complex results of business analytics. Executives at the C-level, especially, need to understand analytics in an easily digestible and compelling way – through visuals.
To help clients engage the visual and explore the art of the possible, Deloitte has developed the HIVE—our Highly Immersive Visual Environment—to showcase the true power of analytics. Rather than viewing static slide presentations or videos, clients can actually play in the HIVE, see the results, play around with the numbers, change the rules, and imagine the future.
In the HIVE, we turn technology into a mirror in which our clients see themselves and their organizations with new clarity and insight. We work to imagine the possible. We see more value in the 'hypotheses not requirements' approach to analysis, so clients can engage with technology to help get answers to their questions. They can explore each question through different analytics and visualization technologies, in a safe, co-creation environment.
As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
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