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Your Problem-Solving Team’s New MVP: Advanata
Forecasting is often treated as essential, yet it fails for socially driven behavior due to complicating factors. Instead of relying on unreliable predictions, we should reframe the problem, focus on the real issue, and deliver actionable solutions. This aligns with the Advanata framework emphasizing practical, tailored outcomes over generic analytics
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4 Steps to Avoid Difficult Forecasts
Forecasting is often treated as essential, yet it fails for socially driven behavior due to complicating factors. Instead of relying on unreliable predictions, we should reframe the problem, focus on the real issue, and deliver actionable solutions. This aligns with the Advanata framework emphasizing practical, tailored outcomes over generic analytics
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Pattern-Driven Analytics: The Mirage That Misleads
Misidentified patterns can produce serious analytical errors. Valid pattern recognition requires an inductive approach that starts with a hypothesis explaining the underlying mechanism, tests observed patterns against it, validates results using external evidence, and confirms conclusions with a problem expert. Decomposing complex problems into simpler components improves validation reliability.
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More Analytics Myths Holding You Back
There are plenty of analytics myths that discourage adoption. In this second article we discuss how Advanata overcomes such myths as analytics being time-consuming, impractical, insufficient, and incorrect.
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Smarter Inventory Management with Advanata
Advanata redefines inventory management by taking a customer-driven approach that allows for easy usage by a non-specialist, quick addition of custom inventory goals, and incorporation of inventory structure. A detailed example is given for a garage that wants to balance profits and lead times along with descriptions for other applications.
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We Need Effectiveness, Not Analytics
Quantification is essential for problem solving and can be used to convert between content types. Advanata is based on the concept of effectiveness that utilizes all quantification methods and leverages each resource according to what it does best in a structured manner to deliver results that effectively solve customer problems.
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Can Data Ever Tell the Truth?
Data can never be objective since its construction requires the use of preconceptions. This increases usability for users but decreases objectivity. As content is transformed into more usable forms, it becomes more complex and less available. Advanata simplifies problems thus reducing the need for complex content and increasing its availability.
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The Secret Recipe for Smarter Pricing
Advanata provides an optimal solution to the problem faced by businesses needing to change prices while maintaining other subjective goals. A detailed example is given for a restaurant that wants to change menu prices in order to increase profits while maintaining customer loyalty. Other applications are also briefly mentioned.
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6 Fixes for Great Analytics Results
Analysts face challenges due to poorly framed questions from customers, leading to ineffective analytics. Improved communication is essential for collaboration. By refining questions to be precise, analysts can derive actionable insights. Advanata’s technologies aim to bridge this communication gap, ensuring successful analytics outcomes by promoting better question formation.
Advanata 