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And there are great impacts and gains to be had. One report,1 controlling for other factors, found that data-driven organizations have a 5%–6% greater output and productivity that their less data-driven counterparts. They also had higher asset utilization, return on equity, and market value. Another report2 claims that analytics pays back $13.01 for every dollar spent. Being data-driven pays!
Creating a Data-Driven Organization: Practical Advice from the Trenches
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