ANALYTICS VALUE ASSESSMENT TOOLKIT

• US 20120239445A1
• Filed: 03/15/2011
• Published: 09/20/2012
• Est. Priority Date: 03/15/2011
• Status: Abandoned Application

• Current Assignee: Accenture Global Services Limited (Accenture PLC)
• Original Assignee: Accenture Global Services Limited (Accenture PLC)
• Inventors: McCarthy, Brian F., Brook, Elliot, Palmer, Gregory A., Brown, Tiffany
• Application Number:
  US13/048,004
• Publication Number:
  US 20120239445A1
• Time in Patent Office: Days
• US Class Current: 705/7.11
• CPC Class Codes: G06Q 10/0637 Strategic management or analysis, e.g. setting a goal or target of an organisation; Planning actions based on goals; Analysis or evaluation of effectiveness of goals

Abstract

A computerized system to determine estimations for analytics capabilities includes a value driver determination module to determine key value drivers associated with the entity. The system also includes an analytics matching module to identify analytics capabilities that align to the key value drivers. An analytics valuation module estimates values for the matching analytics capabilities based on benchmarks and financial and operational data for the entity. A cost and capital determination module estimates costs and capital for implementing the matching analytics capabilities, and an analytics selector module determines benefits for the matching analytics capabilities based on the estimated values and the costs and the capital.

Claims

1. A computerized system to determine estimations for analytics capabilities operable to estimate adjustments for functions performed by an entity, the system comprising:

a value driver determination module to determine key value drivers associated with the entity, wherein the key value drivers are based on at least one of industry standards, expert evaluation, and strategic priorities for the entity;

an analytics matching module to identify analytics capabilities from a plurality of analytics capabilities that align to the key value drivers;

an analytics valuation module to estimate values for the matching analytics capabilities based on benchmarks and financial and operational data for the entity;

a cost and capital determination module to estimate costs and capital for implementing the matching analytics capabilities; and

an analytics selector module, executed by a computer system, to determine benefits for the matching analytics capabilities based on the estimated values and the costs and the capital.

2. The system of claim 1, comprising:

a value proposition module to estimate value proposition for the matching analytics capabilities by determining the financial and operational data for metrics associated with the key value drivers; and

applying the benchmark data to the financial and operational data for the metrics to estimate a value proposition range for the matching analytics capabilities.

3. The system of claim 2, wherein the value proposition comprises costs, financial benefits, cash flow summary and net present value over time for the matching analytics capabilities.

4. The system of claim 1, comprising:

a roadmap generator to determine a roadmap indicating a sequence for implementing the matching analytics capabilities over time based on prioritizing the matching analytics capabilities and benefit ramping for each matching analytics capability indicating how quickly benefit can be recognized from the matching analytic capability for the entity.

5. The system of claim 1, wherein the key value drivers comprise a value driver tree including a plurality of levels of value drivers for the entity identified based on a category associated with the entity and based on value drivers used by the entity, wherein each lower level key value driver further describes a general value driver at a highest level.

6. The system of claim 5 wherein the value driver tree comprises relationships between value drivers in the multiple levels and matching analytics capabilities and a financial value metric for each relationship.

7. The system of claim 6, wherein the analytics valuation module determines an assessment criteria value for impact range for each matching analytics capability;

determines a potential benefit range based on the assessment criteria value; and

calculates a value for the financial value metric based on the potential benefit range.

8. The system of claim 1, wherein the cost determination module estimates complexities for implementing the matching analytics capabilities;

and determines the costs based on the complexities, timing and capital.

9. The system of claim 8, wherein the cost determination module estimates complexities by determining whether the matching analytics capabilities are to be implemented on a project basis, a subscription basis, internally sourced or externally sourced;

and determining the costs and the complexities based on the determination.

10. The system of claim 1, wherein the analytics selector module generates a graphical representation of the benefits for the matching analytics capabilities to provide a visual comparison of the matching analytics capabilities over time.

11. An integrated method of determining value for analytics capabilities for an entity, the method comprising:

determining value drivers associated with the entity;

identifying analytics capabilities from a plurality of analytics capabilities that align to the value drivers and a desired outcome of the entity;

determining benchmark data to estimate a potential benefit range for each matching analytics capability; and

estimating value by a computer system for each matching analytics capability based on the corresponding potential benefit range for each matching analytics capability.

12. The method of claim 11, comprising:

determining entity financial and operational data for metrics associated with the value drivers; and

applying the benchmark data to the entity data to estimate value proposition for the matching analytics capabilities.

13. The method of claim 12, wherein the value proposition comprises costs, financial benefits, cash flow summary and net present value over time for the matching analytics capabilities.

14. The method of claim 13, comprising monitoring benefit realization overtime to determine the entity'"'"'s success for achieving the financial benefits in the value proposition.

15. The method of claim 12, comprising:

determining costs for implementing each matching analytics capability;

determining a benefit based on the costs and the value for each matching analytics capability; and

determining a benefit ramping for each matching analytics capability based on how quickly the benefit can be recognized for the entity.

16. The method of claim 15, comprising:

applying assessment criteria to prioritize the matching analytics capabilities;

determining a roadmap indicating a sequence for implementing the matching analytics capabilities over time based on the prioritized analytics capabilities and the benefit rampings.

17. The method of claim 11, wherein the value drivers are selected for the entity based on alignment with strategic objectives for the entity.

18. The method of claim 11, wherein determining value drivers comprises:

identifying a plurality of levels of value drivers for the entity based on a category associated with the entity and value drivers used by the entity, wherein each lower level value driver further describes a general value driver at a highest level.

19. The method of claim 18, comprising:

determining relationships between value drivers in the multiple levels and matching analytics capabilities; and

determining a financial value metric for each relationship.

20. The method of claim 19, wherein estimating values for the matching analytics capabilities comprises:

determining an assessment criteria value for impact range for each matching analytics capability;

determining a potential benefit range based on the assessment criteria value; and

calculating a value for the financial value metric based on the potential benefit range.

21. The method of claim 15, wherein determining costs comprises:

estimating complexities for implementing the matching analytics capabilities; and

determining the costs based on the complexities, timing and capital.

22. The method of claim 21, wherein estimating complexities comprises:

determining whether the matching analytics capabilities are to be implemented on a project basis, a subscription basis, internally sourced or externally sourced; and

determining the costs and the complexities based on the determination.

23. The method of claim 11, comprising:

generating a graphical representation associated with the values for the matching analytics capabilities to provide a visual comparison of the matching analytics capabilities.

24. The method of claim 11, comprising:

gathering anonymous data from multiple entities regarding benefit realization for analytics capabilities for a specific industry; and

using the anonymous data for benchmarking the entities against each other.

25. A non-transitory computer readable storing machine readable instructions that when executed by a computer system performs a method of determining benefits for analytics capabilities for an entity, the method comprising:

determining value drivers associated with the entity;

identifying analytics capabilities from a plurality of analytics capabilities that align to the value drivers and a desired outcome of the entity;

determining benchmark data to estimate a potential benefit range for each matching analytics capability; and

estimating value by a computer system for each matching analytics capability based on the corresponding potential benefit range for each matching analytics capability.