Predictive Analytics Solution Offering
From MIKE2.0 Methodology
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Solution Offering Purpose
This is a Core Solution Offering. Core Solution Offerings bring together all assets in MIKE2.0 relevant to solving a specific business and technology problem. Many of these assets may already exist and as the suite is built out over time, assets can be progressively added to an Offering.
A Core Solution Offering contains all the elements required to define and deliver a go-to-market offering. It can use a combination of open, shared and private assets.
Solution Offering Relationship Overview
MIKE2.0 Solution Offerings provide a detailed and holistic way of addressing specific problems. MIKE2.0 Solution Offerings can be mapped directly to the Phases and Activities of the MIKE2.0 Overall Implementation Guide, providing additional content to help understand the overall approach. The MIKE2.0 Overall Implementation Guide explains the relationships between the Phases, Activities and Tasks of the overall methodology as well as how the Supporting Assets tie to the overall methodology and MIKE2.0 Solutions. Users of the MIKE2.0 Methodology should always start with the Overall Implementation Guide and the MIKE2.0 Usage Model as a starting point for projects.
Solution Offering Definition
Relationship to Solution Capabilities
Relationship to Enterprise Views
Mapping to the Information Governance Framework
Mapping to the SAFE Architecture Framework
Mapping to the Overall Implementation Guide
There are several considerations when implementing an analytics capability. Extra focus needs to be placed across Phase 1, 3, 4, and 5 of Overall Implementation Guide.
Mapping to Supporting Assets
Logical Architecture, Design and Development Best Practices
Product-Specific Implementation Techniques
Product Selection Criteria
Relationships to other Solution Offerings
Predictive Analytics are by definition highly speculative. "What if" analyses extrapolate future trends and events based upon current ones. In order for these predictions to be remotely accuate, the data upon which these trends are based needs to be as accurate, complete, and detailed as possible. To this extent, organizations cannot "walk before they can run." Organizations that are immature, undisciplined, and reactive in terms of their data management will likely find themselves lost unless and until they have implemented other aspects of the MIKE2.0 Framework. These include:
In order to achieve the desired results, organizations will have to use a multifaceted and distinct approach. In other words, they will not be able to follow a "recipe."
Finally, getting to a point at which the organization can produce meaningful analytics does not mean that other information management (IM) initiatives can case. On the contrary, solid data management practices need to continue indefinitely if the organization expects to make meaningful decisions based upon different scenarios.
Extending the Open Methodology through Solution Offerings
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