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In the mid 1980s systems integration visionary Vivek Ranadive broke the real-time information barrier and helped to digitize Wall Street. With his international bestseller The Power of Now, he helped usher in the real-time business revolution of the late 1990s. Now with this groundbreaking new book, Ranadive brings news of the next big leap in business systems evolution-The Power to Predict. Real-time business gives companies the ability to monitor and react to changes and address problems as they occurr. But no matter how sophisticated their information-gathering and data mining systems are, theyre still playing catch-up. In The Power to Predict, Ranadive forecasts the next step in achieving breakthrough business performance, a new approach he calls Predictive BusinessTM: the ability to anticipate business problems and opportunities and to act preemptively. Predictive Business allows companies to take real-time information, correlate it with historical patterns, and recognize events that hold tremendous profit potential. In an effort to stay ahead of the curve, a handful of companies have been quietly making the transition from reactive organizations to proactive, anc are well-suited for a customer-centric business paradigm. Ranadive takes us inside a number of these companies-including Amazon, Pirelli, Harrahs, E. & J. Gallo, Wal-Mart, and 7-Eleven--to show how they are making that transition, and are able to: Anticipate customer needs and be ready satisfy them the minute they emerge Be prepared for sudden events such as a power outage, spikes in demand for a product or service, logistic issues due to changing weather patterns, or evolving customer requirements In The Power to Predict youll discover how your company can accomplish these goals by continuously matching real-time events with historical patterns to improve business processes. Just as important, youll get expert insight to improve business processes and advice on what it will take to align your companys resources, technology, and culture into an unstoppable, world-class Predictive-Business.Table of Contents: Foreword Preface Acknowledgements Chapter 1. Why Predictive Business Today? Chapter 2. The Success of the Real-Time Business Chapter 3. The Power to Predict Chapter 4. Excellence in Financial Services Chapter 5. Answering Telco?s Call Chapter 6. Transportation and Logistics?Improving Delivery Chapter 7. Powering Retail and Consumer Goods Chapter 8. Predictive Business in Healthcare And Life Science Chapter 9. Energy Efficiency Chapter 10. The Predictive Battlespace Chapter 11. Getting Your Business Ready For Predictive Chapter 12. What?s Next Notes Glossary Contributing Authors Index

In the mid 1980s systems integration visionary Vivek Ranadive broke the real-time information barrier and helped to digitize Wall Street. With his international bestseller The Power of Now, he helped usher in the real-time business revolution of the late 1990s. Now with this groundbreaking new book, Ranadive brings news of the next big leap in business systems evolution-The Power to Predict. Real-time business gives companies the ability to monitor and react to changes and address problems as they occurr. But no matter how sophisticated their information-gathering and data mining systems are, theyre still playing catch-up. In The Power to Predict,...  Read More