With the outbreak of Covid -19, we are wading through one of the toughest times in human history. Covid-19 is the worst pandemic the entire world’s economies have ever seen. Amid the coronavirus pandemic, several countries across the world resorted to lockdowns to “flatten the curve” of the infection.
Businesses were shut, ceasing almost all economic activity. According to the International Monetary Fund (IMF), the global economy is expected to shrink by over three per cent in 2020 – the steepest slowdown since the Great Depression of the 1930s.
All the industries worldwide are affected. The path ahead looks difficult. The analysis of the losses and implementations to recover would require expertise and difficult decisions.
During these unprecedented times, analytics acts as a major boon for enterprises. Using advanced analytics multiple choices can be provided to increase the profits. Organizations can choose the option they want and then use analytics to optimize their workforce and work. The investment in analytics will help organizations speed up their recovery graph.
Join The Economic Times Live Session, Restructure, Rebounce Leveraging Advanced Analytics, powered by Cresco International, an IBM Business Partner, to discover how to expedite the recovery process and open the doors to profitability faster with implementation of analytics.
Key Takeaways :
- Leveraging analytics for faster recovery
- Where analytics can be used in various industries?
- IBM products for analytics
Senior Solutions Specialist – Performance Management
Cresco International Analytics Limited